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 – “A Decade in Renting: Renters …
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 drop in multifamily production as …
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 in November as Builders Face …
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. In The News: National Association …
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 October of last year, H.R. …
After Long Process, Fed Has Decided to Raise Interest Rates Read More »
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 Firms for Information on Data …
Housing Starts for Single-Family homes Increase 4.2% Read More »