Mindblown: a blog about philosophy.

  • Homebuyers Shun New Real Estate in Vancouver, Hurting Builders

    Homebuyers Shun New Real Estate in Vancouver, Hurting Builders

    (Bloomberg) — Politicians are desperate for developers in Vancouver to build more homes to alleviate pressure in one of the continent’s most expensive real estate markets. There’s just one problem — not enough buyers are showing up. Most Read from Bloomberg With mortgage rates still near their highest levels in more than a decade, some…

  • New home sales still growing from 2022 lows

    New home sales still growing from 2022 lows

    New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. This is one reason why the homebuilder stocks have done so well since November of 2022. The mistake…

  • New home construction in Sedgwick County fell in 2023. Will that make the housing shortage worse?

    New home construction in Sedgwick County fell in 2023. Will that make the housing shortage worse?

    Many of the single-family homes in the quiet neighborhood near Harry and 127th Street are completely built – with trucks parked in the driveway and basketball goals installed. But about eight homes near the back of the subdivision aren’t quite finished yet. A loader moves dirt from the front lawn to make space for a…

  • Despite higher mortgage rates, new home sales post solid gain in March

    Despite higher mortgage rates, new home sales post solid gain in March

    Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes, according to analysis from the National Association of Home Builders. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate…

  • New Technology Eases The Pain Of Home Remodel Projects

    New Technology Eases The Pain Of Home Remodel Projects

    Home remodeling projects leave homeowners dissatisfied and less likely to take on another project … [+] according to recent research from Hover and Ipsos. Ipsos and Hover Home Renovations Expectation Report Can you think of the things that you do only three times in your life? Maybe have a baby? Graduate? Fall in love? The…

  • New Home Sales Post Solid Gains in March

    New Home Sales Post Solid Gains in March

    Sales of newly built single-family homes rose 8.8% in March compared to Feb., and also increased 8.3% from a year earlier. WASHINGTON – Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April…

  • RentCafe: Build-To-Rent Segment Sets New Construction Milestone

    RentCafe: Build-To-Rent Segment Sets New Construction Milestone

    Built-to-Rent communities are having their day in the sun throughout the U.S. Sunbelt and beyond. getty Anyone prepared to argue there’s really nothing new under the sun in the U.S. housing market hasn’t glimpsed RentCafe’s annual Build-to-Rent Construction Report, out just last week. The niche comprised of single-family houses built expressly to be rented has…

  • New home sales still growing from 2022 lows

    New home sales still growing from 2022 lows

    New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. This is one reason why the homebuilder stocks have done so well since November of 2022. The mistake…

  • New home construction in Sedgwick County fell in 2023. Will that make the housing shortage worse?

    New home construction in Sedgwick County fell in 2023. Will that make the housing shortage worse?

    Many of the single-family homes in the quiet neighborhood near Harry and 127th Street are completely built – with trucks parked in the driveway and basketball goals installed. But about eight homes near the back of the subdivision aren’t quite finished yet. A loader moves dirt from the front lawn to make space for a…

  • Despite higher mortgage rates, new home sales post solid gain in March

    Despite higher mortgage rates, new home sales post solid gain in March

    Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes, according to analysis from the National Association of Home Builders. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate…

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