Monthly Archives: June 2011

Permits for housing construction climbed

Posted on June 24, 2011 by trevorspear

(CNNMoney) — Permits for housing construction climbed in May, signaling a glimmer of optimism among homebuilders about the future of the housing market. The number of permits for future housing construction jumped to a seasonally adjusted annual rate of 612,000 … Continue reading →

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Homebuilder Confidence in U.S. Slides to Nine-Month Low on Sales Outlook

Posted on June 23, 2011 by trevorspear

Confidence among U.S. homebuilders slumped in June to the lowest level in nine months as executives turned more pessimistic on the outlook for sales, a sign that any pickup will take time to develop. The National Association of Home Builders/Wells … Continue reading →

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Behind the rocky housing figures

Posted on June 22, 2011 by trevorspear

RALEIGH — Trying to predict the future of the Triangle’s housing market has been tough the past few years. Economic uncertainty and conflicting news coverage regarding new home sales can drive anyone to throw their arms up in disbelief. Housing … Continue reading →

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From Bad to Badder

Posted on June 22, 2011 by trevorspear

If you’ve been following the news over the past 24 hours, you’ll get this new take on the old saw: Beware Greeks bearing bricks. Here’s another old saw: There but for the grace of God goes us. If you’ve seen … Continue reading →

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New FHA loan limits

Posted on June 22, 2011 by trevorspear

Try and wrap our arms around what the upcoming new GSE and FHA loan limits mean for home building. Earlier this week, we tackled the fallout of the GSE loan limit resets, identifying the 10 counties where new-home building would be most … Continue reading →

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Mortgage lenders – took back fewer properties

Posted on June 21, 2011 by trevorspear

The number of U.S. homeowners who were put on notice for being behind on their mortgage payments fell in May to the lowest level since 2006, the result of a slowing housing market and lingering delays in banks’ foreclosure process. … Continue reading →

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North Carolina home foreclosures drop 38 percent

Posted on June 20, 2011 by trevorspear

Foreclosures on North Carolina homes fell 38.3 percent in May from a year ago according to RealtyTrac Inc. — good news for an industry still struggling to recover from the bursting of the financial and housing bubbles during the Great Recession. … Continue reading →

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Foreclosures on North Carolina

Posted on June 20, 2011 by trevorspear

Foreclosures on North Carolina homes fell 38.3 percent in May from a year ago according to RealtyTrac Inc. — good news for an industry still struggling to recover from the bursting of the financial and housing bubbles during the Great Recession. … Continue reading →

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New Residential Construction Report

Posted on June 16, 2011 by trevorspear

New Residential Construction Report showed slight increases to both single family permits and starts from last month and notable declines from last year while the new home market remains historically distressed. Single family housing permits, the most leading of indicators, … Continue reading →

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New home permits rise, but headwinds persist

Posted on June 16, 2011 by trevorspear

New home permits increase 2.5 percent, but remain below levels of a year ago. New home permits are down nearly 80 percent from their 2005 peak.

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