Mindblown: a blog about philosophy.

Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…

Builders have too many new homes on their hands. Thanks to a construction boom years in the making, homebuilders are sitting on more newly completed homes than at any point since 2009, when the market was reeling from the global financial crisis. Despite the hefty ready-to-sell supply, a sizable chunk of those homes may never…

We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate…

Habitat for Humanity of Greater Dayton will unveil its latest new home on Friday, which was built by a women-led team of volunteers. Dayton resident April Lawson will receive the new home with a 0% interest rate on her mortgage. During her signing ceremony at the house, Lawson will be able to meet the team…

Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…

Builders have too many new homes on their hands. Thanks to a construction boom years in the making, homebuilders are sitting on more newly completed homes than at any point since 2009, when the market was reeling from the global financial crisis. Despite the hefty ready-to-sell supply, a sizable chunk of those homes may never…

We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate…

Habitat for Humanity of Greater Dayton will unveil its latest new home on Friday, which was built by a women-led team of volunteers. Dayton resident April Lawson will receive the new home with a 0% interest rate on her mortgage. During her signing ceremony at the house, Lawson will be able to meet the team…

The survey gauges builders’ perceptions of current single-family home sales and sales expectations as good, fair, or poor. From these scores, a seasonally adjusted HMI is calculated. A score over 50 indicates a positive outlook and digits below indicate a poor one. Each of the HMI’s three components rose in November. The index for current…

Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…