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Category Archives: Uncategorized
Home Builders Remain Cautious About Housing Market
WASHINGTON—U.S. home builders remained cautious about the housing market in March, suggesting a driver of the recovery might be sputtering for reasons beyond the severe winter weather. Builder confidence in the market for single-family homes rose just one point from … Continue reading
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Could 2014 be the year the housing market really recovers?
Spring is upon the United States, at least according to the calendar, which means it’s time not just for crocuses and baseball but also for the housing market’s months of greatest activity. The story of US real estate this spring varies … Continue reading
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Recent Figures Show New Home Sales and Prices Rise in Raleigh
There was an increase in new home closings in the Raleigh, NC market in December year-over-year, but the percentage edged up less than November 2013, suggesting the market may be leveling out. There was a 10.3% boost in new home … Continue reading
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American Home Shield acquires HSA Home Warranty
MEMPHIS, TENN. — American Home Shield, the largest home warranty company in the nation, today announced the closing of its acquisition of HSA Home Warranty. Company officials announced in early November that a purchase agreement had been signed and were awaiting final regulatory … Continue reading
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NC economy to grow in 2014, UNC Charlotte economist predicts
Despite sluggish job growth in recent months, North Carolina’s unemployment rate is expected to keep falling throughout 2014 to below 6 percent, UNC Charlotte economist John Connaughton said Tuesday. In releasing his latest quarterly forecast for the state’s economy, Connaughton said … Continue reading
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N.C. construction experts to help launch state’s new Contractors College
The state’s Office for Small and Historically Underutilized Businesses is taking a more proactive approach in helping minority businesses win more work on state and local government construction jobs. Next week, the HUB office will launch its inaugural N.C. Contractors … Continue reading
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Plaintiffs Seeking $22 Million in Home Warranty Insurance Lawsuit
San Diego, CA: The thrust and intent behind home warranty insurance is to protect the parties involved from defects in workmanship and materials. New construction is usually accompanied by coverage warranting against defects from initial occupation until an agreed period of termination, at … Continue reading
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Land and Money: Finance Options Open Up
The awaited credit spigot has begun to flow. At least in select markets, lenders and investors now compete with one another to finance acquisition, development, and construction capital for home builders to buy lots, develop them, operate, and go vertical. … Continue reading
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Normal housing markets are like stars aligned.
Normal housing markets are like stars aligned. They’re hoped for, or wistfully looked back upon, but hardly ever present. Three such stars home builders need for new-home markets to function sanely are fundamental demand, building lots, and capital to put … Continue reading
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abundant as optimism this week at the IBS
Information was as abundant as optimism this week at the International Builders’ Show in Las Vegas, where more than 75,000 home builders and suppliers gathered to discuss topics ranging from new building products to buyers’ preferences. Many economists predict that … Continue reading
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