Home construction sees biggest drop since pandemic hit. Here’s why

Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices.
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Home equity hits a record high — here’s how to tap your house for cash

In 2020, the amount of money borrowers could take out of their homes, or so-called tappable home equity, rose to a record high. Here’s how to cash out.
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5 things to know before the stock market opens Tuesday

The Dow was set to rise nearly 100 points Tuesday, supported by gains in Walmart and Home Depot.
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What to Know About a Property Survey: See Why They’re Important

How Do Land Surveys Work? Are you in need of getting a land survey done? You might have never thought about ever needing a land survey until recently. Is this something people need to go through? No, this is not a compulsory step. However, it is a beneficial, even money-saving, step. Sometimes people get a […]

The post What to Know About a Property Survey: See Why They’re Important appeared first on RealtyBizNews: Real Estate News.
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Homebuilder confidence is high, but rising costs of materials present major risks

Strong buyer demand is keeping homebuilders confident, but rising construction material costs are weighing on housing affordability. 
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