Most Recent in News economics
on February 03,2011
An index measuring the confidence of 150 kitchen and bath dealers shows that they believe sales will increase in the next quarter. Seventy percent of the surveyed dealers said they expected showroom...
on February 03,2011
Cash-in rate for mortgages at record high, Freddie Mac says
on January 31,2011
The mortgage-interest deduction, a pillar of the nation’s long-held support for housing and the American Dream, is under assault, say NAHB observers who make it their full-time job to stay on top of...
on January 31,2011
Both the homeownership rate and homeowner property vacancy rate fell in the last quarter of 2010, the U.S. Census Bureau announced in its latest Housing Vacancies and Homeownership report. The...
on January 31,2011
Pending home sales rose in December, the fifth time in six months the index has increased, according to the National Association of Realtors.
on January 31,2011
A report from the liberal Center for American Progress calls for attracting as much private money as possible into the mortgage market, The Wall Street Journal reported. Currently, nine of out 10 new...
on January 27,2011
Remodelers are more optimistic about 2011 as remodeling market gets stronger
on January 26,2011
New single-family homes sales were at a seasonally adjusted rate of 329,000 in December, based on estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. The...
on January 25,2011
Home prices continue to weaken, as eight cities hit their lowest levels since the peak in 2006 and 2007, according to the latest S&P/Case-Shiller Home Price Indices. The data showed that in...
on January 24,2011
Existing home sales rose in December for the fifth time in the last six months, indicating a recovery as the housing market continues to stabilize. According to the National Association of Realtors,...
on January 22,2011
In this exclusive one-hour webinar, Ivy Zelman, the leading home building and building products research analyst on Wall Street, discusses recent dynamics in the home building, mortgage, home...
on January 21,2011
Housing starts declined in the last month of 2010, reaching their slowest pace since October 2009, new Commerce Department data show. On a positive note, building permit issuance rose 16.7 percent in...
on January 20,2011
Union members shut down a Mortgage Bankers Association conference in Washington, D.C., yesterday in protest of PulteGroup Inc.’s use of $900 million in tax breaks meant to spur job creation...
on January 19,2011
The National Association of Home Builders’ Housing Market Index remained steady this month at 16 for the third month in a row, indicating that home builders’ confidence is still low. Perceptions on...
on January 18,2011
A survey of homeowners who purchased a home last year found that their primary motivations were affordability and the desire for more living space. The survey by Weichert Realtors Inc. polled 1,...
on January 17,2011
Home buying activity is on the rise to open the new year. The Mortgage Bankers Association reported that the number of applications for home mortgages crept up 2.2 percent last week. However, when...
on January 17,2011
Mortgage rates are low and home prices aren’t showing signs of going up anytime soon. And now state and local governments are stepping in to help many home buyers with their down payments. SmartMoney...
on January 17,2011
Fannie Mae has started testing a foreclosure-prevention program in Florida that is designed to bring banks and troubled borrowers together earlier. The idea behind the program is to get banks and...
on January 17,2011
NAHB Chief Economist David Crowe is forecasting 575,000 single-family home starts in 2011, a 21 percent bump over an estimated 475,000 units started in 2010, according to his annual state of the...
on January 11,2011
Many homeowners who put off remodeling and repairs last year due to the economy are now ready to make the investment, a new survey reported.
