parkland new construction: Homebuilder Confidence Nearly Triples In 2 Years
- 01/18/13 09:44 PM
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month, posting a value of 47. The January 2013 reading is on level with last month, and remains at a near 7-year high. The Housing Market Index (HMI) is a measure of home builder confidence. HMI readings below 50 indicate "poor" new construction conditions for single-family homes nationwide; ratings above 50 signal "good" ones. Not since April 2006 has the Housing Market Index crossed into "good" territory, but the past two years have witnessed the HMI nearly triple; and the index is up from a reading … (0 comments)
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parkland new construction: Existing Home Sales Move Higher In October
- 11/20/12 10:38 PM
After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%. The housing market's slow, steady recovery continues as sales volume in all four regions expanded last month with the exception of the Hurricane Sandy-affected Northeast. The National Association of REALTORS® monthly Existing Home Sales Report comprises completed sales of single-family homes, townhomes, condominiums, and co-ops. The Existing Home Sales report is compiled on a seasonally-adjusted, annualized basis. It shows a 10.9 percent sales increase as compared last year. Sales volume might otherwise be higher, however, if not for a lack of homes for sale. Total … (0 comments)
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parkland new construction: Pending Home Sales Index Continues To Show Strengt
- 09/27/12 11:57 PM
Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August -- the fourth straight month in which the index hovered near its benchmark value of 100. A "pending home" is a home that is under contract to sell, but has not yet closed. The index measures with fair accuracy the future strength of the U.S. housing market. For today's Parkland home buyers, the August Pending Home Sales Index is relevant for several reasons. First, the index remains near its highest point since April 2010, the last month of that … (1 comments)
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parkland new construction: New Homes In Parkland Florida by Lennar - Mira Lago at Parkland
- 09/27/12 09:06 AM
Here is the new community site plan. If you would like floor plans, pricing, etc., please email me at jon@jonklein.com or call me at 954-415-5595.
Jon Klein, P.A.,GRI, Realtor
Real Living 1st Choice Realty
954-415-5595
fax 954-827-0464
www.jonklein.com
www.facebook.com/JonKleinRealtor
… (0 comments)
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parkland new construction: Pending Home Sales Index Makes New High For 2012
- 08/30/12 01:30 AM
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. A "pending home sale" is a home under contract to sell, but not yet sold. Data for the index is collected by the National Association of REALTORS® and published monthly. The rise in July's Pending Home Sales Index reading is important for two reasons -- both of which highlight a U.S. housing market in recovery. Buyer and sellers in Parkland , Coral Springs and across the country would do well to pay attention. First, the Pending Home Sales Index is … (1 comments)
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parkland new construction: New Home Sales Reach Multi-Year High
- 08/29/12 09:22 AM
The market for newly-built homes remains strong. As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. A "new home" is a home that can be considered new construction. July's New Home Sales report highlights what today's buyers of new construction in Heron Bay , Parkland Golf & Country Club , and the nation's home builders have witnessed for themselves already -- that the market for newly-built homes is improving in Parkland and nationwide. The number of new homes sold in July on a seasonally-adjusted, annualized basis matches the tally from … (1 comments)
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parkland new construction: New Home Sales Rise To 2-Year High
- 06/27/12 04:18 AM
The new construction market continues to improve. As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis. A "new home" is a home that is considered new construction. May's data marks the highest number of new homes sold since April 2010, the last month of that year's federal home buyer tax credit. It's also a 14% increase over the rolling 12-month average. The news was somewhat expected based on the most recent Homebuilder Confidence survey, which rose to a 5-year high. Home builders have been reporting higher sales volume and rising buyer foot … (1 comments)
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parkland new construction: Building Confidence Rises To 5-Year High
- 06/19/12 01:02 AM
Home builders anticipate growth in the market for newly-built, single-family homes. For June 2012, the National Association of Homebuilders reports its monthly Housing Market Index at 29 -- an increase of more than 100% from one year ago and the highest HMI value since May 2007. When the Housing Market Index reads 50 or better, it's meant to indicate favorable conditions for builders in the single-family, new-construction market. Readings below 50 suggest unfavorable conditions for builders. The index has not been above 50 since April 2006. The NAHB Housing Market Index is not a "single survey" -- it's a composite. Three … (0 comments)
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parkland new construction: Single-Family Housing Starts Powers Ahead
- 05/16/12 11:44 PM
The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month last month. In April, on a seasonally-adjusted, annualized basis, the government reports 492,000 single-family housing starts. A "housing start" is a home on which ground has broken. In addition, March's single-family housing starts were revised higher. What was previously reported as a three percent loss was re-measured and changed to a 0.2% gain. The April tally marks a six percent increase … (0 comments)
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parkland new construction: Homebuilder Confidence Moves To 5-Year High
- 05/16/12 12:25 AM
Homebuilder Confidence is on the rise once again. After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month basis in 10 years, and raises the index to a 5-year high. The Housing Market Index is scored from 1-100. Readings above 50 indicate favorable conditions in the single-family new home market overall. Readings below 50 indicate poor conditions. The HMI has not been above 50 since April 2006. The Housing Market Index itself is a composite … (0 comments)
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parkland new construction: Homebuilder Confidence Slips 3 Points In April
- 04/16/12 11:36 PM
For the first time in 3 months, homebuilder confidence has slipped. As measured by the National Association of Homebuilders, the Housing Market Index dropped three notches in April to a reading of 25. The report measures homebuilder confidence in the newly-built, single-family housing market. When the Housing Market Index reads 50 or better, it reflects favorable market conditions. Readings below 50 reflect unfavorable conditions. According to the scale, not since April 2006 have housing market conditions have been deemed "favorable" but, recently, homebuilder confidence has picked up. Between September 2011 and March 2012, confidence doubled. April's reading remains the second-highest since … (1 comments)
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parkland new construction: Jobs Report Due Friday; Mortgage Rates Expected To Change
- 04/05/12 12:11 AM
If you're out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today. The March Non-Farm Payrolls report is due for release Friday morning and mortgage rates are expected to move. Unfortunately for the home buyers and rate shoppers of Parkland , we can't know in which direction that will be. The prudent play may be to lock your mortgage rate today. On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report. More commonly called "the jobs report", the … (1 comments)
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parkland new construction: Homebuilder Confidence Returns To Pre-Recession Levels
- 02/16/12 03:17 AM
New construction buyers in Parkland FL, look out. The nation's home builders are predicting a strong 2012 for new home sales. It may mean higher home prices as the spring buying season approaches. For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index's highest reading since May 2007. The Housing Market Index is now up 8 points in 8 weeks. The last time that happened was June 2003, a month during which the U.S. economy was regaining its footing, much … (0 comments)
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parkland new construction: Home Builders See More Sales, Higher Prices Ahead
- 01/19/12 01:16 AM
Homebuilder confidence is soaring. For the fourth straight month, the National Association of Homebuilders reports an increase in its Housing Market Index. The index climbed 4 points to 25 this month -- its second four-point gain since October. With home sales activity increasing across all four regions, the monthly HMI has now nearly doubled in value since June 2011. The HMI is now at a 55-month high. The Housing Market Index itself is a composite reading; the result of three home builder surveys sent by the National Association of Homebuilders to its members monthly. Home builders report back on current single-family … (1 comments)
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parkland new construction: Nationally, Home Prices Off 18.3 Percent From April 2007 Peak
- 12/29/11 02:05 AM
The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October. The Federal Home Finance Agency's Home Price Index shows home values down 0.2% on a monthly, seasonally-adjusted basis. October marks just the second time since April that home values fell month-over-month. The Case-Shiller Index 20-City Composite showed values down 0.7 percent from September to October. As a home buyer in Parkland , it's easy to look at these numbers and think housing markets are down. Ultimately, that may prove true. However, before we take the FHFA's October Home Price Index at face value, we … (0 comments)
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parkland new construction: How To Keep Your Dishwasher Mold- and Mildew-Free
- 12/19/11 01:26 AM
Your dishwasher is a breeding ground for mold and mildew. It's warm, it's dark, and there is a bevy of decaying, organic material in the form of both food particles and soap. Therefore, you'll want to periodically scrub and disinfect your dishwasher so that it remains it clean and healthy, and so that your dishes stay that way, too. Here's how to clean your dishwasher : Remove all racks from the dishwasher. Wash with dish-washing detergent and set aside to dry. Mix 1 part vinegar with 4 parts very hot water into a spray bottle. Spray the mixture on the dishwasher … (4 comments)
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parkland new construction: Housing Starts Rising; New Construction Turns The Corner?
- 11/18/11 01:21 AM
Housing Starts Rising; New Construction Turns The Corner?
Another day, another signal that the market for newly-built homes is improving.
Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.
A “Housing Start” is a home on which ground has been broken.
The increase in surprised Wall Street analysts, although it shouldn’t have.
Earlier this week, the National Association of Homebuilders showed that Homebuilder Confidence is at its highest point since May 2010, the effect of better market conditions and more … (1 comments)
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The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month, posting a value of 47. The January 2013 reading is on level with last month, and remains at a near 7-year high. The Housing Market Index (HMI) is a measure of home builder confidence. HMI readings below 50 indicate "poor" new construction conditions for single-family homes nationwide; ratings above 50 signal "good" ones. Not since April 2006 has the Housing Market Index crossed into "good" territory, but the past two years have witnessed the HMI nearly triple; and the index is up from a reading … (0 comments)
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