Aramco Report

Single-family housing starts climbed for the seventh consecutive month in November according to new data from the U.S. Census Bureau. The 0.4 percent increase last month puts housing starts at an annualized pace of 1.58 million new units, the highest level since 2007. The COVID-19 pandemic has led...

Throughout the pandemic we have seen a large portion of American homebuyers searching for more space to live and work but on the opposite end of the spectrum are those looking for a small place to live large. According to IPX1031, a Fidelity National Financial Company blog, since the start of the CO...

The housing market has had a tumultuous year with a virtual standstill at the outbreak of the coronavirus to an unprecedent surge in the latter part of the year. But according to a new forecast from CoreLogic, 2021 is looking to be more favorable for current homeowners and potential buyers. The co...

A Beverly Hills estate, known as “Villa Firenze” is about to be listed in a real estate auction for a staggering $160 million. This will make it the most expensive property for sale in the U.S. and the most expensive property to ever be put up from auction. Realtor.com reports that the auction will...

The net worth of households in the U.S. grew in Q3 2020, driven largely by a rapid increase in home values. According to new data from the Federal Reserve, household net worth climbed 3.2 percent from Q2 to $123.52 trillion. Meanwhile, household debt also climbed as stimulus programs related to the...

With single-family property prices rising across the U.S., a new reports shows a surge in Americans interested in mobile homes. According to an analysis of Google Trends data from Point2Homes, 23 states saw online searched for mobile or manufactured homes rise by more than 50 percent from May to Sep...

New homes are popping up all over San Diego County. Despite the pandemic crippling businesses and leaving million unemployment, there were still just as many homes built in the region during the first nine months of this year as there were during the same period last year. Still, when compared to de...

A surge in demand for homes from California buyers has widened the imbalance between supply and demand to levels never experienced before. That is according to the California Association of Realtors’ 2020 Annual Housing Market Survey. Homes for sale in 2020 have received more competing offers than...

With the return of shelter-in-place orders in California, grocery stores in the Golden State have seen a return of the bare shelves and limits on toilet paper that were the hallmarks of the early days of the coronavirus pandemic. As a result of this bulk-buying a new survey from the National Associa...

About one-third of all working adults in the U.S. has been working from home on at least a part-time basis since the start of the pandemic. No longer being tied to an office or facing a grueling commute has led to a surge of Americans looking to relocate to smaller cities where homes are less expens...