home builders: New Home Market Off To Optimistic Start - 01/25/17 03:48 PM
New data from the Commerce Department and the National Association of Home Builders shows builders are optimistic about the market for new homes this year. That's an encouraging sign, as a lower than normal number of homes available for sale has caused affordability conditions to decline in recent months. If more new homes are built, buyers will have more options to choose from and home prices should begin to moderate.
In December, the number of new homes that broke ground was up 11.3 percent from the month before, according to the Commerce Department. The number of permits to build single-family homes … (1 comments)

home builders: Home Builder Survey Hits Highest Level In Eleven Years - 12/16/16 02:00 PM
There are a number of perspectives from which you could view the housing market. That's why there are surveys gauging the attitudes of buyers and sellers, as well as Realtors, mortgage lenders, and builders.
Home Builders Confidence Closes The Year On High Note
Each has an unique take on the real estate market that is based on their specific role. For example, an agent may have a very different understanding of their local market than the average home buyer, if only because of their experience and expertise. Builders are considered an important measure of the market because they have a ground-level view of … (2 comments)

home builders: New Home Sales Up 18% Over Last Year - 11/28/16 09:24 AM
Sales of New Homes Slipped in OctoberSales of home builder new homes fell 2 percent in October, according to new numbers from the U.S. Census Bureau and the Department of Housing and Urban Development. But, despite the month-over-month dip, sales were still strong when compared to the same time last year. In fact, October sales were 17.8 percent higher than the year before.
Part of the reason for this is that monthly sales figures are typically volatile, while year-over-year numbers provide a better look at the big picture. And so far this year, low mortgage rates, a stronger labor market, and high buyer … (1 comments)

home builders: New Home Market Shows Signs Of Strength - 11/17/16 10:29 PM
Home Builders & New Home Construction   If you're buying or selling a house, the new home market should matter to you. Why? Well, new home construction is the best way to increase the overall number of homes available for sale. And, as that number rises, the gap between supply and demand shrinks and home price increases begin to moderate.   Whether you want to see home price increases begin to slow depends, of course, on whether or not you're buying or selling but, either way, it's likely something that is of interest to you. So what's happening in the new … (1 comments)

home builders: New Home Market Could Be Key For Buyers - 10/19/16 11:48 PM
If you want to know what's happening with home prices, it's really just a matter of supply and demand. When there are a lot of houses available for sale and not many buyers, prices fall. When there are a lot of buyers but not a lot of homes to buy, home prices rise. That's been the case lately. The number of homes for sale has been low for a while now and, since buyer demand is high, prices and competition have been increasing steadily in a lot of markets. With fewer opportunities for buyers and prices rising, there's been a lot … (2 comments)

home builders: Builders Confident Despite Slow February - 02/17/15 11:05 PM
Home Builder Confidence Slightly Lower on Harsh Weather Conditions

Because builders have an unique perspective on the market for newly built single-family homes, their outlook is a valued measure of the housing market's health. For example, the National Association of Home Builders Housing Market Index is a widely followed survey of home builders that scores their responses on a scale where any number above 50 means more builders view conditions as good than poor. In February, the index fell two points to 55.
Despite the month-over-month dip, however, the index has remained in the mid-to-high 50s for eight consecutive months. … (1 comments)

home builders: Construction Gains Good Sign For Dallas Housing Market - 01/22/15 10:05 PM
Dallas Real Estate Minute | Tim Stoll 

Home Builders and Dallas Housing Market
The most recent new residential construction estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show 2014 ending on an upswing.
In fact, single-family housing starts – which refer to the number of homes that broke ground during the month – rose 7.2 percent in December and totals for the year were 8.8 percent above the 2013 figure. An estimated 1,005,800 housing units were started in 2014. Building permits – which are an indicator of future new home construction – also … (3 comments)