Category Archives: Real Estate

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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Homebuilding Recovery Accelerating From Slow Start

After pausing at the start of 2013, homebuilding’s recovery resumed in the month of February. Compared to January, construction starts increased incrementally and permits authorizing future construction notched a solid increase. Compared to a year ago, starts and permits were … Continue reading

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Review of Last Week

Review of Last Week RECORD-BREAKING… Friday, new records were set for the Dow and S&P 500 stock indexes, as Wall Street went giddy over a better than expected (though still mediocre) April Employment Report. The Dow passed 15,000 during the day … Continue reading

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INFO THAT HITS US WHERE WE LIVE…

Both taking opportunities and making them have driven the housing market recovery to new accomplishments. For Q1 this year, existing home sales were at their highest level since Q4 of 2009 and new homes sales were the highest since Q3 … Continue reading

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NAHB Offers Reasons for Optimism About Housing’s Full Recovery

The nation’s growth “is finally being driven by housing again,” proclaimed David Crowe, NAHB’s chief economist, during the association’s Construction Forecast Webinar on Wednesday. Home prices have been rising, partly the result of tightening inventory of completed new homes, which in turn … Continue reading

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