OUR NEWS

Dec 17, 2019

Who Doesn’t Love Nooks and Crannies?

Today’s News Synopsis: What are the best features of old houses?  HUD and the Commerce Department reported single-family housing starts increased 3.2% last month.  Although renting has been a big thing over the last decade, more older, wealthier, and suburban people are starting to do it. In The News: Realtor.com –

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Jul 17, 2019

More Affordable Homes On The Way

Today’s News Synopsis: Builders pivot meets the needs of Millennials.  June saw an increase in single-family housing starts last month.  However, another realtor survey showed foreign investment in U.S. residential real estate is declining significantly. In The News: NAHB – “Single-Family Starts Increase in June” (7-17-2019) “Single-family gains helped offset a

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Dec 19, 2018

Are You Checking It Twice?

Today’s News Synopsis: 2019 Winter home maintenance To-Do list.  Existing-home sales increased for the second month in a row by 1.9% to 5.32 million.  However, they were lower year-over-year as a result of what was believed to be affordability still being an issue. In The News: NAHB – “Single-Family Starts Drop

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Dec 19, 2017

End The Year With Some Good News

Today’s News Synopsis: Economy Expected to End 2017 on a Cheerful Note.  As builder confidence continues to increase, housing starts on single-family homes increased 3.3% in November.  The National Association of Realtors said the drive to build more walkable communities is being pushed by both the millennials and silent generation.

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Dec 16, 2015

After Long Process, Fed Has Decided to Raise Interest Rates

Today’s News Synopsis:   Breaking News: After a long process, the Fed made the decision today to raise interest rates by 25 basis points.  Housing starts for single-family homes increased 10.5% according to the U.S. Department of Housing and Urban Development and the Commerce Department.  Despite having been passed in

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Nov 19, 2014

Housing Starts for Single-Family homes Increase 4.2%

  Today’s News Synopsis: Housing starts for single-family homes increased 4.2% in October, although production as a whole decreased 2.8%.  Foreclosure sales decreased 36% year-over-year in the third quarter, totaling almost 108,000.  Mortgage applications showed increased this past week, up 4.9%. In The News: DS News – “Lawmakers Ask Financial

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