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building permits: Fantastic!! New Home Sales Reach 8-Month High - 01/28/11 12:54 PM
Sales of new homes rose sharply in December, posting a 17.5 percent gain from the month prior.
According to the Department of Housing and Urban Development, New Home Sales climbed to 329,000 in December, besting November by close to 50,000 units on a seasonally-adjusted annual basis.
Last month's reading is an 8-month high for New Home Sales, and the latest in a series of signals that housing is improving in Meridian and around the country.
Note that December's Existing Homes Sales and Building Permits reports also showed marked gains last month, climbing 12 percent and 6 percent, respectively.
Furthermore, an interesting pattern is … (0 comments)

building permits: Building Permits Surge In December; Signals A Strong Spring Housing Market - 01/20/11 01:45 PM
Each month, in conjunction with the Department of Housing and Urban Development, the Census Bureau releases its New Residential Construction report. The report is comprised of several sections, one of which counts the number of homes that have "broken ground" in Idaho and nationwide.
They're called "Housing Starts" and, by most measures, they faded quickly as 2010 came to a close.
According to the Census Bureau's report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.
Not surprisingly, the press … (2 comments)

 
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Dean Tucker (Mortgage Banker)

Boise, ID

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Dean Tucker Benchmark Mortgage - Prime Equity Group

Address: 2535 W State Street, Boise, ID, 83702

Office Phone: (208) 287-1717

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