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The U.S. is short 3.8 million new homes

US is short nearly 4M new homes: report

The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed...

US is short nearly 4M new homes: report
Nationwide foreclosures are at a 15-year low (Credit: iStock)

Foreclosures nationwide fell to 15-year low in 2019

Vulture funds and homebuyers seeking distressed properties at bargain-basement prices may have to keep waiting. Last year saw the...

Foreclosures nationwide fell to 15-year low in 2019
Lennar's Stuart Miller and a Lennar home (Credit: Lennar and iStock)

Lower-priced home sales drive Lennar’s Q4 revenue

Despite past indicators of a housing market slowdown, Lennar Corp. reported an uptick in fourth-quarter sales, as it pushes...

Lower-priced home sales drive Lennar’s Q4 revenue
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