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    NAHB Releases Remodeling by Zip Code Estimates for 2018

    Friday May 25th, 2018 05:13:51 PM
    Paul Emrath

    With this post NAHB announces the release of its latest estimates of spending on improvements to owner-occupied homes at the zip code level.  The new estimates are for calendar year 2018 and include the number of owner-occupied homes, the number with improvement spending during the year, the average spending per improved home, total spending on improvements within the zip code, and the drivers of remodeling activity used to… Read More ›

    Larger Job Gains Across Fewer States in April

    Friday May 25th, 2018 01:00:23 PM
    Danushka Nanayakkara-Skillington

    According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 26 states and the District of Columbia, was unchanged in two states, and decreased in 22 states in April 2018 compared to March 2018. Over the month of March, jobs rose across 34 states, but declined in seven, with nine states flat. Although job growth was more geographically… Read More ›

    Existing Sales Retreat 2.5% in April

    Thursday May 24th, 2018 04:24:45 PM
    Stephen Melman

    Existing-home sales decreased 2.5% in April to a level 1.4% below a year ago, and sales have now decreased year-over-year for two consecutive months. The first-time buyer share of 33% was an increase from last month, but remains down from 34% a year ago. The National Association of Realtors reported that 57% of homes sold last month were on the… Read More ›

    The Multifamily Market Remains Positive in the First Quarter

    Thursday May 24th, 2018 02:05:52 PM
    Carmel Ford

    Confidence in the Multifamily Market remained firm in the first quarter of 2018 with a Multifamily Production Index (MPI) of 53, according to the National Association of Home Builders (NAHB) (Figure 1). The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of… Read More ›

    Steady AD&C Loan Growth

    Thursday May 24th, 2018 12:31:14 PM
    Robert Dietz

    The volume of residential construction loans increased by 1.8% during the first quarter of 2018, marking 20 consecutive quarters of growth. Furthermore, recent stabilization of year-over-year growth rates is an indicator of continued, modest growth for single-family construction. Tight availability of acquisition, development and construction (AD&C) loans has been a limiting factor for home building growth, but easing credit conditions and a growing loan base have helped expand residential… Read More ›

    CNN – Real Estate News

    How to save $9,000 on your mortgage

    Thursday May 24th, 2018 04:00:48 PM

    If you’re looking to buy a home, take these steps before committing to a mortgage.

    It’s tough to be a homebuyer in Seattle

    Wednesday May 16th, 2018 05:20:25 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.

    Are you ready to buy a home?

    Thursday April 26th, 2018 02:34:05 PM

    Read full story for latest details.

    Home Depot’s sluggish sales may be warning sign for housing

    Tuesday May 15th, 2018 03:01:43 PM

    Home Deport reported sales growth that missed Wall Street’s forecasts. The company specifically cited a ‘slow start’ to spring as a problem. Bad weather did hurt sales. But rising mortgage rates might be a bigger problem going forward.

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