Month: May 2023

Recession Remains Likely as Credit Conditions Tighten

New Home Construction Solidifies as Prospective Buyers Shift Further Away from Existing Home Market The economy is still expected to enter a modest recession in the second half of the year, though unusual dynamics in the current economic cycle continue to complicate forecasting the exact timing,...

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Home-buying costs could soar 22% if US defaults on its debt

A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon Mortgage rates could reach 8.4% in the unlikely event of a debt default, sending the mortgage payment on a typical home 22% higher by September. Home values would...

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AMH Ranks #39 on 2023 Builder 100 List

Leading builder of single-family rental communities climbs in rankings AMH, a leading owner, operator, and developer of single-family rental homes, has been recognized by BUILDER magazine as the 39th largest homebuilder in the United States on its 2023 Builder 100 List with...

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