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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingMany Construction Firms Need Only $5,000 to Start Their BusinessesFriday August 18th, 2017 12:30:07 PM
Of 638,839 construction firms surveyed by the U.S. Census Bureau in its Annual Survey of Entrepreneurs (ASE), 20.1% report they raised less than $5,000 dollars to begin commercial activity. The ASE is a relatively new information source released by the U.S. Census Bureau this year. It collects economic and demographic information on businesses and business ownership in all major industries,… Read More ›
Townhouse Construction FlatThursday August 17th, 2017 12:34:51 PM
According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction starts have slowed relative to the expansion of the overall building market. Over the last four quarters ending with the second quarter of 2017, townhouse starts totaled 94,000, 5% lower than the four quarters prior this past year. Townhouses, or… Read More ›
New Single-Family Home Size Trends LowerWednesday August 16th, 2017 04:24:53 PM
After increasing and leveling off in recent years, new single-family home size continued along a general trend of decreasing size during the second quarter of 2017. This change of the last two years marks a reversal of the trend that had been in place as builders focused on the higher end of the market during the recovery. As the entry-level market… Read More ›
Single-Family Starts Flat in JulyWednesday August 16th, 2017 01:41:44 PM
The pace of single-family starts was effectively flat in July, after a strong rate was recorded in June. In contrast, the multifamily market continues to slow after multiple strong years. Total starts declined almost 5% in July to a 1.155 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. The headline decline… Read More ›
Builder Confidence Springs Back with Four-Point August JumpTuesday August 15th, 2017 02:02:41 PM
Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder sentiment is being supporting by ongoing job and economic growth, attractive mortgage rates, and growing consumer confidence. The fact that builder confidence has returned to the healthy levels… Read More ›
CNN – Real Estate NewsHow to save enough money for a down payment on a homeFriday August 11th, 2017 02:09:28 PM
Read full story for latest details.
Does the American Dream no longer include homeownership?Monday July 24th, 2017 02:41:24 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.
U.S. home sales to foreigners surge 49% to new recordTuesday July 18th, 2017 03:41:38 PM
Foreigners and recent immigrants spent $153 billion buying American homes over the course of the last year, according to the National Association of Realtors.
7 first-time homebuyer mistakes to avoidWednesday June 28th, 2017 05:23:24 PM
It’s tough being a first-time buyer in today’s housing market. Don’t make it even harder (or more expensive) for yourself by making these common mistakes.
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