- In 2023, just 9% of homes built in the U.S. were under 1,400 square feet, considered a typical starter home, versus 40% in 1982.
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- Builder sentiment rose in January on hopes for more growth and less regulation. Concerns remain over tariffs, costs, and mortgage rates.
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- Mortgage demand last week was up 7% from a year ago despite higher rates. Inventory is up, but strong prices challenge affordability.
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