In another positive sign that the health of the new homes market is beginning to mend, construction activity in April showed a hefty leap from a year prior, with gains in permits, housing starts, and home completions. The data, released … Continue reading →
You see a home under construction and the workers building the home. You may consider the jobs represented by the various trades such as masons, carpenters, electricians, plumbers, and painters. But according to Dr. David Crowe, Chief Economist for the … Continue reading →
On the back of a stabilizing real estate market, new home construction definitely appears to be on the rise with some of the most recent news, and it’s exciting to hear about. If you’ve recently applied for a new building … Continue reading →
A recent article in NAHB’s Eye on Housing blog points to recently released data from the Federal Housing Finance Agency (FHFA) that provides a slightly more optimistic view of the direction of local house prices than the national headlines typically … Continue reading →
Many economists are expecting a brighter year for housing, citing positive economic data in recent months. The U.S. housing market is beginning to mount a turnaround this year, building toward a solid recovery in 2013, says chief economist of the … Continue reading →
Construction spending in the U.S. rose in November for a third time in four months, indicating the industry helped boost growth at the end of 2011. Building outlays increased 1.2 percent, exceeding the median estimate of 46 economists in a … Continue reading →
The number of improving housing markets continued to expand for a fourth consecutive month in December, rising from 30 to 41 on the latest National Association of Home Builders/First American Improving Markets Index (IMI), released today. The December list featured … Continue reading →
Understanding real estate means looking at trends and realizing that like all markets, things go up and down over time. So what does the market look like right now? Well, we recently got a good indication that things are taking … Continue reading →
A recent data release from the nationally-recognized Case-Shiller Home Price Index indicated that housing may be gaining some upward momentum, with now four consecutive months worth of increases in both the 10- and 20-city composite indices. Among the locations that … Continue reading →
The KCM blog recently put out the InfoGraphic below. What do the numbers in the chart say to you? The biggest difference in monthly payments from the highest to the lowest in the last 11 months was $75.01. Is $75 … Continue reading →