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Rising Building Material & Freight Prices Push Construction Costs Higher

Rising Building Material & Freight Prices Push Construction Costs Higher The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year.  Citing data from the Producer Price Index they point out that building materials (i.e., goods inputs to residential construction, less energy) prices have increased 5.4%, year-to-date, and are

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Black Knight Says Foreclosure Starts Edge Higher

Black Knight Says Foreclosure Starts Edge Higher According to Black Knight’s “first look” report for August, 2021, The national delinquency rate on first lien mortgages fell to 4% in August, the lowest it’s been since pandemic-related impacts caused mortgage delinquencies to spike in early 2020.  However, Black Knight says August’s 7,100 foreclosure starts represented the

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