Author Archives: trevorspear

NEW STUDY TIES MAN-MADE ENVIRONMENTAL HAZARDS TO HOME PRICE APPRECIATION TRENDS IN MARKETS

RealtyTrac has released its first report ranking all U.S. counties based on the prevalence of man-made environmental hazards. “Somewhat surprisingly, short-term home price appreciation over the past year and five years is stronger in the 50 housing markets with the … Continue reading

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Builder Confidence Hits Highest Level Since November 2005

Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the NAHB/Wells Fargo Housing Market Index (HMI), released today.  This latest four-point gain brings the index … Continue reading

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Raleigh-Wake County is the Top Location for the New Home Industry

Raleigh-Wake County is the Top Location for the New Home Industry Local Home Builders Association Has Become the Largest in the Country 1.       HBA of Raleigh & Wake County 3,021 2.       MBA of King & Snohomish Counties 2,708 3.       Building … Continue reading

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More Money, Fewer Problems?

Long before recent talks about increasing minimum wage, Henry Ford doubled the daily salary of his assembly line workers. This extraordinary move created happy employees, lowered turnover, and saved rehiring and retraining costs. Would we see the same result with … Continue reading

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IS THE MCMANSION ON ITS WAY OUT?

In 2000, the average new apartment built in the U.S. measured 1,003 square feet, according to Dallas-based research firm Axiometrics. By 2010, that square footage shrunk to 976. It wasn’t a huge decline, but after three decades of growth, the … Continue reading

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Where is the Housing Market Headed?

Sustained job growth, affordable home prices, low mortgage rates and a rebound in consumer, small business and builder confidence will help the housing market continue to show modest improvement and better production levels in the months ahead, according to NAHB … Continue reading

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WSJ: Where Have All the First-Time Home Buyers Gone?

First-time home buyers aren’t playing as big a role in the housing market as they did a few years ago, when lower prices and a big tax credit lured them to the market. But when it comes to homes financed by … Continue reading

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Due diligence during the buying process will ensure a quality home

The purchase of a new home is an exciting endeavour. Due diligence during the buying process will ensure a quality home that your family will enjoy for many years. The first step is to choose an area that suits your … Continue reading

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Home builders’ confidence in housing market up for third month in a row

Home builders gained more confidence in the housing market in August, the third consecutive month of gains in an index measuring current sales and expectations for the future. The National Association of Home Builders/Wells Fargo Housing Market Indexrose 2 points to 55, its … Continue reading

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Builder Confidence Rises Two Points in August

Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today. This third consecutive monthly gain brings the index to … Continue reading

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