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    Construction Job Openings Rise in October

    Monday December 11th, 2017 04:31:05 PM
    Robert Dietz

    The count of unfilled jobs in the construction sector increased in October. This increase occurred during a period of expansion for repair and remodeling work in the wake of Hurricanes Harvey and Irma. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs (on a seasonally adjusted basis) increased to 227,000 in October. This count is close… Read More ›

    Garages in New Homes: 2016 Data

    Monday December 11th, 2017 02:28:29 PM
    Danushka Nanayakkara-Skillington

    A majority of new homes that completed construction in 2016 included two-car garages, according to NAHB analysis of Census Bureau Survey of Construction data.   For new single-family completions in 2016, 63% of homes offered a two-car garage. Another 22% of homes possessed a garage large enough to hold three or more cars. Just 6% of newly-built homes had a one-car garage, and… Read More ›

    Solid Employment Gains in November

    Friday December 8th, 2017 04:39:22 PM
    Jing Fu

    According to the Employment Situation for November 2017 reported by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment rose by 228,000 in November and the unemployment rate was unchanged at 4.1%. Employment growth has averaged 174,000 per month so far this year, compared with the average monthly growth of 187,000 over all of 2016. The unemployment rate was… Read More ›

    Impact of the Canadian Lumber Duties on the U.S. Economy in 2018

    Thursday December 7th, 2017 09:06:40 PM
    Paul Emrath

    On November 2, 2017, the Commerce Department announced its final decision to impose duties averaging 20.83 percent on Canadian softwood lumber shipments into the U.S. The impacts of these duties on the U.S. economy next year will include increased production by U.S. sawmills, reduced imports from Canada, and higher prices paid for lumber by consumers in the U.S., which in… Read More ›

    Number of Bathrooms in New Homes

    Thursday December 7th, 2017 02:30:42 PM
    Carmel Ford

    Every year, the US Census Bureau publishes data on the characteristics of new single-family homes started in its Survey of Construction. In 2016, 3.7 percent of new single-family homes started had 1 bathroom or less, 60.9 percent had 2 bathrooms, 26.7 percent had 3 bathrooms, and 8.7 percent had four bathrooms or more (Figure 1).   The term ‘bathroom’ in this… Read More ›

    CNN – Real Estate News

    This is how long it takes to sell a house

    Monday November 27th, 2017 05:54:23 PM

    It’s a sellers market, which means wanna-be homeowners have to be move fast when a home hits the market.

    Hurricanes could bring another disaster: Foreclosures

    Friday November 10th, 2017 04:02:40 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.

    Who’s affected by the mortgage changes in the House tax bill

    Friday November 3rd, 2017 08:24:26 PM

    The Republican tax bill proposes capping the mortgage interest deduction at $500,000. That’s bad news for these home buyers.

    Aston Martin is getting into… luxury real estate?!

    Thursday October 19th, 2017 04:28:48 PM

    Aston Martin is getting into the real estate business with a new 66-story residential tower in Miami.

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