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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingHome Price Growth Slowed in JulyTuesday September 25th, 2018 02:42:24 PM
The S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) released their home price indices for July 2018. National home prices rose at the slowest annual growth rate since June 2014. Moreover, seven metro areas experienced home price declines in July. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth… Read More ›
Northeast and Midwest Lags in Job Gains in AugustTuesday September 25th, 2018 01:00:29 PM
Over the year, total nonfarm employment in July increased by 2.3 million jobs which is a 1.6% increase compared to August 2017. During this time, total nonfarm employment in the Western region increased by 2.4% and the Southern region increased by 2.1%. The Midwest recorded the lowest gains at 1.3% during this time. According to the Bureau of Labor Statistics,… Read More ›
Multifamily Units by Building SizeMonday September 24th, 2018 02:15:52 PM
The US Census Bureau recently released data on 2017 multifamily unit completions by building type from the Survey of Construction (SOC). In 2017, there was a significant expansion in the construction of units in large multifamily buildings (buildings with 50 or more units): units in these buildings grew by 18 percent to 187,000, the largest number since the start of… Read More ›
Vinyl and Stucco are the Most Common Siding On New HomesFriday September 21st, 2018 01:30:57 PM
The most common exterior wall materials on homes started in 2017 were vinyl and siding. Vinyl siding was used on 27 percent of the new homes started in 2017, followed closely by stucco (25 percent), brick or brick veneer (21 percent), and fiber cement siding (such as Hardiplank or Hardiboard) (20 percent). Far smaller shares of single-family homes started last year… Read More ›
Existing Sales SteadyThursday September 20th, 2018 03:28:38 PM
Existing-home sales were unchanged in August, and are 1.5% below the level a year ago. The first-time buyer share of 31% was down from 32% last month and unchanged from a year ago. The National Association of Realtors reported that 52% of homes sold in August were on the market less than a month. The August inventory was also unchanged,… 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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