Strict Lending Standards & Foreclosures Taking Their Toll

February 3, 2012

in Home Foreclosures, Mortgage Interest Rates, This Week in Real Estate | Tagged , , , , , , , ,

New Home Orders Rise Looks like the market for new homes is on the mend. Orders for new homes increased in the quarter ended December, bringing a much needed cheer to the home building industry.The news has made the chief executives for some of the nation’s biggest home building companies cautiously optimistic about a market [...]

Rentals, Home Sales, Foreign Investors and More Realty News

October 21, 2011

in This Week in Real Estate | Tagged , , , , , ,

Home Builders’ Sentiment Climbs There was a flicker of hope from the builders this week. The National Association of Home Builders’ index of builder sentiments climbed from 14 to 18 percent. That’s still mighty below 50 – the benchmark indicative of a positive outlook. But, any improvement is a good sign these days. Only once [...]

Existing Home Sales Rise While New Home Construction Drops

September 23, 2011

in This Week in Real Estate | Tagged , , , ,

Some more grim news. Housing starts dived 5 percent in August, worse than what was expected by economists. On a seasonally adjusted rate, new home construction fell 571,000, according to the U.S. Census Bureau. That’s 5.8 percent down from the same period last year. The numbers suggest the industry is still comatose and has yet [...]