Economic Forecast for 2015: Sunny Days with Occasional Cloudy Periods

Looking at 2015, the domestic economic landscape finally looks solid if unspectacular. Unemployment rates should keep falling, house prices are likely to rise by 5%, and despite poor global economic conditions, the American economy will strengthen. Moreover, despite a deep partisan divide … Continued

Obama Announces Cuts in FHA Mortgage Insurance Premiums

In a move that will help first-time home buyers, President Obama announced today that the Federal Housing Administration (FHA) will reduce its annual mortgage insurance premiums by 0.5 percentage points from 1.35% to 0.85% during an address in Phoenix. A fact … Continued

The Typical American Subdivision

Data collected during a 2014 survey allow NAHB to produce, for the first time, summary statistics that describe the typical residential subdivision being built in the United States.  The results were recently published as a Special Study in HousingEconomics.com. For subdivisions of single-family … Continued