Greater Hartford Short 13K Homes, Not Making Progress
A new estimate by housing economists at Zillow found that the Hartford metro area barely made a dent in its housing shortage last year.
A new estimate by housing economists at Zillow found that the Hartford metro area barely made a dent in its housing shortage last year.
High interest rates and low numbers of home sales are going to drag down homeowners’ spending on renovations and repairs, Harvard University researchers said Thursday.
Higher home prices, recession fears and the near-death of the refinance market are likely to spell a significant slowdown in homeowners’ remodeling spending this year, researchers say.
Expect the growth of homeowners’ spending on remodeling to slow significantly over the next six months, housing researchers say, as economic uncertainty slows and a pandemic-induced sugar high wears off.
A new report by Harvard’s Joint Center for Housing Studies predicts homeowner spending on remodeling is expected to drop through at least the first quarter of 2020 due to the COVID-19 pandemic.
A new study from the Harvard Joint Center for Housing Studies has found the large number of Millennials entering prime first-time homebuying age in recent years has not compensated for the decline in first-time homebuying caused by the smaller Generation X from 1997 to 2013.
Annual gains in improvement and repair spending on the owner-occupied housing stock are projected to continue decelerating through early next year nationwide, according to a new report from Harvard University’s Joint Center for Housing Studies.
The robust pace of spending on home renovations and repairs is expected to stay strong over the coming quarters, according to the Leading Indicator of Remodeling Activity released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
By 2035, more than one in five people in the U.S. will be ages 65 and older, and one in three households will be headed by someone in that age group, according to “Projections and Implications for Housing a Growing Population: Older Adults 2015-2035,” a report released today by the Harvard Joint Center for Housing Studies (HJCHS).