Category Archives: Home Building

Last Week……………

There appears to be plenty of real estate people who believe they can succeed, as last week saw more housing numbers go through the roof. Existing Home Sales were up 4.2% in May to a 5.18 million unit annual rate, … Continue reading

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Are millennial a window of opportunity or a closed door for home builders?

Builders are eyeing the next wave of potential home buyers — the so-called millennials — but whether this rising generation will embrace big mortgage debt remains an open question. These 95 million people ages 10 to 32 outnumber their baby-boomer … Continue reading

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Beyond the headlines: home construction spending’s up, but has a long way to go

  The New York Times‘ Floyd Norris reports that the Census Bureau said that spending on home building rose 40% over the last year, but that rate is way down from its peak in the middle part of the past decade. … Continue reading

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N.C. AG announces judgment against real estate seller

RALEIGH, N.C. (Legal Newsline) — North Carolina Attorney General Roy Cooper announced Wednesday a judgment against a Surry County-based real estate seller who allegedly put more than 20 locals in danger of losing their homes. Cooper alleged that Nichols Land … Continue reading

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North Dakota leads the nation’s five fastest-growing state economies

CNN/Money‘s Steve Hargreaves reports on new Bureau of Economic Analysis data on each state’s economic trajectory. North Dakota’s energy boom led the state to have the fastest growing economy in 2012–five times the national average. Read More

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The fastest-moving market

The Redfin Fastest Real Estate Markets Report ranks 22 markets across the country measured by the percentage of homes that went under contract within two weeks of their debut in April 2013. The metrics include single-family homes, condos, and townhouses. … Continue reading

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foreclosure, short sales plummet as prices rise to levels that restore homeowner value

Distress tipping point: Foreclosure-related U.S. home sales fell 22% in the first quarter from a year earlier as rising prices reduced the incentive to sell for owners who owe more than their properties are worth. Bloomberg/BusinessWeek‘s Dan Levy reports on … Continue reading

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Who Will Rate the Raters?

“The concept behind energy ratings for homes is simple. Buyers don’t know all the ins and outs of home performance. But with a rating system, buyers don’t have to be experts — homes can have a simple, reliable, one-number rating attached … Continue reading

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Why Immigration Reform Could Affect Your Bottom Line – And What NAHB is Doing About It

  The current debate in Congress over immigration reform could affect the businesses of all NAHB members, regardless of whether they use immigrant labor. In the coming weeks and months, decisions are expected on whether an employer must verify the … Continue reading

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4 reasons the housing recovery isn’t yet boosting economy

The housing market has shown clear signs of boosting the economic recovery, but according to some analysts there’s still some growing pains. The Wall Street Journal’s Nick Timiraos reports on commentary from three Pimco strategists outlining how labor shortages, lending, consumer confidence and … Continue reading

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