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Category Archives: Warranty Service
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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Three reasons home resales slowed in March
Sales of previously owned homes fell by 0.6% in March from February, causing some analysts to second guess the housing rebound. What’s going on? The Wall Street Journal’s Nick Timiraos gets to the bottom of it. The WSJ is a … Continue reading
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March was an extremely busy month for builders.
Single family permits rose 70% for the month of March. This increase pushed the overall permit numbers for the first quarter to 1,402 for a 51% increase. We have seen an 83% increase in permit activity since 2011. Single family … Continue reading
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Supply of homes starts to catch up with sales
The supply of newly listed homes for sale is starting to show signs of keeping pace with buyer activity in some of the nation’s hottest real estate markets, new data suggest. In 21 of 24 major metropolitan markets tracked by … Continue reading
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