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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingRemodeling Market Index Remains in Strong Territory Despite Three Point SlipThursday April 19th, 2018 02:05:16 PM
The Remodeling Market Index (RMI) dipped three points to 57 in the first quarter of 2018, according to the National Association of Homebuilders. For 20 consecutive quarters the RMI has been at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower (Figure 1). The overall RMI… Read More ›
Most States Record YTD SF Permits Growth in February 2018Wednesday April 18th, 2018 12:41:51 PM
Over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871. On a year-over-year basis, this is an 11.2% increase over the February 2017 level of 111,356. The results from the SOC are similar, single-family permits over the second month of 2018 was, 122,800 which is 10.2% ahead of its level over the same… Read More ›
Small Gain for Housing Starts in MarchTuesday April 17th, 2018 01:58:23 PM
Total housing starts increased slightly in March, led by multifamily construction strength. Starts increased 1.9% to a 1.32 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. However, the pace of single-family starts declined in March, falling 3.7% to an 867,000 seasonally adjusted annual rate, due to lingering weather effects in some parts… Read More ›
Builder Confidence Slips One Point, Remains in Solid TerritoryMonday April 16th, 2018 02:02:31 PM
Builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains on firm ground. Strong demand for housing is keeping builders optimistic about future market conditions. However, builders are facing supply-side constraints, such as a lack of… Read More ›
Construction Job Openings Higher Year-Over-YearFriday April 13th, 2018 02:23:46 PM
The count of unfilled jobs in the construction sector declined in February, but remains higher than a year ago. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs came in at 196,000 in February. The post-recession high count of open, unfilled construction jobs was 255,000 in July of… Read More ›
CNN – Real Estate News5 ways to afford your first homeThursday April 19th, 2018 01:43:36 PM
Read full story for latest details.
London’s property market is in a comaThursday April 12th, 2018 12:12:03 PM
London experienced years of booming property prices. But the market has now ground to a halt.
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.
This Texas military town has nearly closed the black and white homeownership gapTuesday April 17th, 2018 01:27:46 PM
Killeen, Texas is a relative oasis of racial parity when it comes to homeownership. The reason: Fort Hood.
Flip this house! Zillow plans to buy and sell homesFriday April 13th, 2018 07:14:52 PM
Read full story for latest details.
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