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Monthly Archives: May 2013
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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Housing will dominate the sparse calendar this week.
By Kathleen Madigan Housing will dominate the sparse calendar this week. The meager offering of data will allow investors to focus on speeches by Federal Reserve officials as well as the release of policy minutes Wednesday. The housing recovery remains a bright … Continue reading
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What Happened To Housing
I have not spent enough time on the supply side issue in housing. Thankfully, Cardiff Garcia posts on some of the constraints that are holding back a housing boom. He lists a number of concerns but one in particular strike … Continue reading
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FED CHITCHAT…
HOME SALES GAIN, DURABLE GOODS RECOVER, FED CHITCHAT… Additional data on the housing recovery comes in this week and more progress is expected for April. Existing Home Sales are forecast to inch higher to just below a 5 million unit … Continue reading
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Optimistic….
It definitely takes guts to remain optimistic in the face of some of the housing data coming at us these days. Last week, for example, we were greeted with a 16.5% drop in Housing Starts for April. It helps to … Continue reading
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2 reports show Charlotte-area housing market picking up
Charlotte Observer CoreLogic, an Irvine, Calif.-based company that provides monthly reports on housing prices, said they rose 7 percent in the Charlotte-Gastonia-Rock Hill area in March from the same month a year ago. The figure includes sales of distressed homes. … Continue reading
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