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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingSouth Leads in Job Gains in SeptemberMonday October 22nd, 2018 01:00:38 PM
Over the year, total nonfarm employment in September increased by 2.5 million jobs which is a 1.7% increase compared to September 2017. During this time, total nonfarm employment in the Southern region increased by 2.5% and in the Western region by 2.4%. The Midwest and the Northeast recorded the lowest gains at 1.3% during this time. According to the Bureau… Read More ›
Share of New Homes with Patios Climbs over 58 PercentMonday October 22nd, 2018 12:26:10 PM
Of the roughly 850,000 single-family homes started in 2017, 58.6 percent included patios, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD). Among the outdoor features captured in the SOC, this makes patios considerably more common than decks (included on 23.8 of homes started in 2017),… Read More ›
Existing Sales FallFriday October 19th, 2018 03:51:11 PM
Existing-home sales in September declined 3.4% to the lowest level since November 2015, and are now down 4.1% from a year ago. The first-time buyer share of 32% was up from 31% last month and 29% a year ago. The National Association of Realtors reported that 47% of homes sold in September were on the market less than a month…. Read More ›
Remodeling Confidence Remains SolidThursday October 18th, 2018 02:05:34 PM
The Remodeling Market Index (RMI) remained stable with a reading of 58 in the third quarter of 2018, according to the National Association of Home Builders (NAHB). The RMI has been at or above 50 since the second quarter of 2013, which indicates that more remodelers report market activity is higher than report it is lower (Figure 1). The overall… Read More ›
Single-Family Starts Flat in SeptemberWednesday October 17th, 2018 02:00:22 PM
Total housing starts posted a decline in September due to flat conditions for single-family construction and a pullback for apartment development. Total starts declined 5.3% in September but are 6.4% higher for 2018 on a year-to-date basis, according to the joint data release from the Census Bureau and HUD. The pace of single-family starts was roughly flat in September, decreasing… Read More ›
CNN – Real Estate NewsShould I get a fixed- or adjustable-rate mortgage?Wednesday August 8th, 2018 02:19:25 PM
Read full story for latest details.
Toll Brothers’ record shows the housing boom has no end in sightTuesday August 21st, 2018 04:35:35 PM
Read full story for latest details.
What will your monthly mortgage payment be?Monday February 2nd, 2015 03:53:13 PM
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
Looking for a home in Berlin or Budapest? Prepare to pay moreTuesday July 17th, 2018 11:28:00 AM
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.
Zillow buys a mortgage lender and the stock tanksTuesday August 7th, 2018 04:55:43 PM
Read full story for latest details.
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