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Market Trends

IBS_800Market Trends

At IBS, Boomers Are Buying, Multifamily Still Booming

The most important trend at this year’s International Builder Show is that the market for new-construction single-family homes in the United States is recovering, but it is still very far fully recovered.

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Market Trends

Will Cutting FHA Premiums Boost Homeownership?

The big housing news of 2015 so far has been the Obama administration’s announcement that the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers pay for FHA-insured home mortgage loans by 50 basis points—a half percentage point. But what impact will that have on affordability?

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Visitors sample the Harry Potter–themed attractions and shops at Hogsmeade Village inside the Universal Studios Islands of Adventure theme park in Orlando.Market Trends

Florida’s Economy Has Rebounded from Its Downward Slide

Ferris wheels, roller coasters, and the Florida economy—they are all famous for their ups and downs.

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land_bank_reportMarket Trends

In 13 States, Land Banks Stabilizing Weakened Municipalities

From 1971 to 2008, only five states passed legislation enabling land banks; but in the last six years, another eight have done so. As vacancies and blight have plagued parts of the United States still recovering from recession and the mortgage foreclosure crisis, so too has land banking grown. There are now some 120 land banks and land-banking programs in 13 states, with West Virginia joining the list in 2014.

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