new homes: Sales Of New Homes Surge In July - 08/24/16 01:11 AM
Sales Of New Homes Surge In July
New numbers released by the U.S. Census Bureau and the Department of Housing and Urban Development show sales of new single-family houses up 12.4 percent in July from the month before. The improvement puts new home sales at a nine-year high. Rebounding strength in the housing market has analysts optimistic about the future. Millan Mulraine, deputy chief economist at TD Securities in New York, told Reuters that the residential real estate market is now one of the economy's strongest sectors. “A very rosy picture is beginning to emerge on the housing market, pointing to sustained … (2 comments)

new homes: Number Of New Homes Being Built Rises - 08/17/16 02:28 AM
The number of new homes that broke ground during the month of July increased from the month before, according to new numbers from the U.S. Census Bureau and the Department of Housing and Urban Development. Housing starts were up 2.1 percent to a seasonally adjusted annual pace of 1.21 million units, the highest level since February. Economists expected starts to fall to a 1.18 million-unit pace. July's improvement not only beat economists' expectations but is also welcome news for home buyers. That's because any increase in the number of new homes being built adds for-sale inventory and helps moderate price increases … (0 comments)

new homes: Builders Confident In New Home Market - 08/16/16 02:22 AM

One way to determine the health of any particular housing market is to gauge how many new homes are being built in the area. That's because new homes add inventory to the market, which plays an important role in moderating price increases and giving buyers more options when looking for a house to buy. For this reason, the National Association of Home Builders surveys builders each month to get a feel for how the new home market is doing. The survey scores builders' responses on a scale where any number above 50 indicates more builders view conditions as good than poor. … (2 comments)

new homes: Survey Says Many Boomers Would Like To Move - 08/15/16 12:22 AM

During their lifetime, the typical American will move 11 times, according to the U.S. Census Bureau. In fact, by age 30, the average person will have changed addresses six times already. But what about older Americans? Well according to a recent survey from Freddie Mac, there are a lot of Americans age 55 and older who say they'd like to move at least one more time. Among survey respondents, 63 percent said they'd prefer to age in place but nearly 40 percent said they'd like to move. Dave Lowman, Freddie Mac's executive vice president of single-family business, says the way we … (0 comments)

new homes: New Home Finder - 08/09/16 10:47 AM
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Danon Burnside

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