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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingExisting 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 ›
Unfilled Construction Sector Jobs Continue to RiseTuesday October 16th, 2018 02:31:37 PM
The count of unfilled jobs in the construction sector increased in August, reaching yet another post-Great Recession high level. The rate of open construction sector jobs also set a cyclical high. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 298,000 in August. The prior post-recession high… Read More ›
Builder Confidence Rises One Point in October, Remains at Summer LevelsTuesday October 16th, 2018 02:01:11 PM
Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high 60s since June. Builders continue to view solid housing demand, fueled by a growing economy and a nearly 50-year low for unemployment. Lumber price… 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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