Report: America Is Short 5.24M Homes
The shortfall continues and even increased by 1.4M homes since 2019. New-home construction has hit its slowest pace since 1995 and isn’t much headway. SANTA CLARA, Calif. – More real estate listings are coming to the market, but that won’t be able to make up for the fact that America is short millions of homes […]
Population Rise Prompts Housing Shortage, Delays in Construction
Fla.’s population is up, in part because of COVID-19 and people relocating from elsewhere, putting pressure on housing. But Fla. residents are relocating, too. Floridians moving to St. Lucie from 2019 to 2020 rose by 163%, according to homestead applications tracked by the property appraiser. STUART, Fla. – The Treasure Coast’s population is increasing, in part because of COVID-19, […]
Number of Mortgages in Forbearance Drops to 3.5%
Mortgage bankers say that many homeowners are coming out of forbearance, with only 7.4%, so far, either selling the home, doing a refi or otherwise paying off the mortgage. 1 in 4 (23.2%) never stopped making monthly payments; another 1 in 4 (28%) ended up having their loans deferred. NEW YORK – The number of […]

Lance Willard
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