Mindblown: a blog about philosophy.
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New home sales show strength in March
With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…
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Tariffs Are Already Raising Home Prices — Here's How Much and Why
Tariffs on key home-building materials — particularly softwood lumber — could significantly increase the cost of new homes in the United States. With the country already facing a housing shortage and widespread affordability challenges for many, new tariffs could price out over 100,000 more prospective home buyers. Home builders reported in April 2025 that existing…
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Contractors hit the brakes on starting to build new single-family homes in March
The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…
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New home sales show strength in March
With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…
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Tariffs Are Already Raising Home Prices — Here's How Much and Why
Tariffs on key home-building materials — particularly softwood lumber — could significantly increase the cost of new homes in the United States. With the country already facing a housing shortage and widespread affordability challenges for many, new tariffs could price out over 100,000 more prospective home buyers. Home builders reported in April 2025 that existing…
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Nonprofit welcomes young family to new solar-powered homes as part of effort to address generational poverty
SEEED welcomed a young family to their new South Knoxville home on Friday, built as part of an effort to give families a chance to build generational wealth. KNOXVILLE, Tenn. — A Knoxville nonprofit welcomed a young family into their new home on Friday, built to help them overcome poverty and give more families across…
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Contractors hit the brakes on starting to build new single-family homes in March
The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…
-
New home sales show strength in March
With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…
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Buying an older vs. new home might not be the answer to unaffordable housing
Jeff Ostrowski April 23, 2025 at 3:00 PM Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home,…
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Tariffs Are Already Raising Home Prices — Here's How Much and Why
Tariffs on key home-building materials — particularly softwood lumber — could significantly increase the cost of new homes in the United States. With the country already facing a housing shortage and widespread affordability challenges for many, new tariffs could price out over 100,000 more prospective home buyers. Home builders reported in April 2025 that existing…
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