by LCD Staff | Dec 20, 2021 | In the News, News & Analysis, News of Interest
(Source: IHS Markit) – The COVID-driven national homebuying surge has waned. The following four trends, all currently on the horizon, have the potential to upend the housing market over the next few years. Fewer customers for single family homes Contrary to...
by LCD Staff | Dec 16, 2021 | In the News, News & Analysis, News of Interest
(Source: New York Federal Reserve Bank) — The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The Report shows that total household debt increased by $286 billion (1.9%) to $15.24...
by LCD Staff | Sep 10, 2021 | Lewis & Clark Development Group, News of Interest
Financial Times explores U.S. housing boom’s impacts on smaller markets, affordability concerns, and how remote work is fueling demand. (Source: Financial Times) — A decade ago, the average house in Ohio’s leafy state capital Columbus would sit on the market...
by LCD Staff | Jul 8, 2021 | Housing, In the News, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source: Apartment List) — New data from the Census Bureau shows how much each county’s housing stock expanded over the past decade. Nationally 9 million homes were built since 2010, growing the total market by 6.9 percent. But housing growth varies dramatically...
by LCD Staff | Jun 3, 2021 | Lewis & Clark Development Group, News of Interest, North Dakota
(Source: 24/7 Wall St.) — The COVID-19 pandemic sent economic shockwaves through the U.S. economy, tripling the monthly unemployment to nearly 15% and leading to a more than 30% quarterly decline in GDP — by far the largest economic contraction in U.S. history....
by LCD Staff | May 7, 2021 | Affordable Housing, In the News, Lewis & Clark Development Group, News of Interest
(Source: Fortune) – Lumberyards and homebuilders alike have delayed buying lumber from sawmills in hopes the price of the sky-high commodity would finally come back down to earth. It hasn’t budged, and now the buying rush is on ahead of spring and summer...
