Mid America Mortgage Blog

Single-Family Housing Starts Decline in November

house on chart showing decrease in statistics

Amid growing affordability concerns, the number of single-family housing starts fell in November. Despite overall housing starts getting a small boost last month, the number of single-family housing starts fell 4.6 percent to 824,000 units. According to the National Association of Home Builders (NAHB), data from the U.S. Department of Housing and Urban Development (HUD) and the Commerce Department showed overall housing starts increasing 3.2 percent in November to a seasonally adjusted annual rate of 1.26 million units. This is in comparison to a downwardly revised October reading. Year-to-date, new housing starts are 5.1 percent above their level over the same

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Why You Should Sell Your Home in 2019

Could the new year ahead be the year for home sellers? While not many experts are predicting record-shattering prices, 2019 could still be an excellent time to put your home on the market. Here’s why: 1.) New Buyers Entering The Market While it won’t be uncommon to see periodic drops in buyer activity — especially since mortgage rates have been poised to increase — but make no mistake, buyers who are ready to make a purchase will come out. New buyers are beginning to enter the market at a more determined pace, and with home prices leveling off throughout much of

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Apartment Size Shrinks While Rent Soars

condo community

Apartments are getting smaller, yet renters are paying more. This troubling trend could become a growing problem for younger and lower-income individuals, especially those who wish to save up for a down payment on a house.

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Addison, TX 75001
Phone: 214-261-3300
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550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
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