Most Recent in News economics

on December 18,2012

A major factor in the recent housing market recovery is a law passed five years ago that suspends the tax liability on lenders' debt forgiveness when underwater homeowners want to sell their...

on December 17,2012

East coast remodelers focus on rebuilding communities this holiday season.

on December 17,2012

Insurance Service Office, Inc. (ISO) recently analyzed building codes and enforcement and found that Pima County, Ariz., consistently outscored comparable jurisdictions in Arizona and the nation...

on December 16,2012

The National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse data of current and future remodeling business conditions is positive overall with mixed...

on November 28,2012

Recovery of the U.S. housing market is being held back by lending standards that are too tight, Federal Reserve Chairman Ben Bernanke said.

on November 13,2012

Brainiacs From Mars, a California marketing firm, is paying some homeowners’ mortgages in return for allowing them to paint the homes in the company’s Gumby green and neon tangerine colors and...

on November 12,2012

According to a report from the National Association of Realtors and Realtor.com, ten housing markets have dropped significantly in the last year, despite a general overall improvement in median...

on October 03,2012

According to the latest release of the Leading Indicator of Remodeling Activity (LIRA), homeowner spending on remodeling activity could be growing by double digits by 2013.

on October 03,2012

Remodeling contractor and consumer sales related to home improvement products are expected to get a much-needed bump for the next few years.

on September 27,2012

Results from the second quarter Remodeling Market Index (RMI) dropped two points to 45, reflecting a weaker labor market. According to the NAHB, the RMI reached 48 twice in 2011, the highest...

S&P/Case-Shiller: Home prices continue to climb in June
on August 28,2012

More positive news for housing this morning, with Standard & Poor’s Case Shiller report showing that home prices rose 2.2 percent and 2.3 percent in its 10-city and 20-city composite indices...

Snapshot of the rental market (in one giant infographic)
on August 23,2012

Apartment finder ForRent.com put together a detailed infographic breaking down the market for apartments and rental housing.

For the second straight quarter, Phoenix topped Realtor.com's Top Turnaround Tow
on August 21,2012

Phoenix, Oakland, Calif., and Boise, Idaho, are among the 10 housing markets that saw the biggest second-quarter improvement in both median list prices and for-sale inventories, according to data...

NAHB: House, Senate deadlocked on tax extension proposals
on August 05,2012

The Senate on July 25 narrowly approved a Democratic proposal to extend the 2001 and 2003 tax cuts through 2013. A week later, the Republican-led House passed competing tax extension legislation....

on August 03,2012

A slew of good news came across the wire for housing and remodeling as we rolled into summer.

NAHB to Congress: Tread lightly when imposing mortgage lending reform
on July 11,2012

The National Association of Home Builders (NAHB) told Congress today that proposed mortgage lending reforms under the Dodd-Frank Act must be imposed in a manner that causes minimum disruption to...

Trulia: Home asking prices up 0.3 percent, but still outpaced by rising rents
on July 03,2012

Following a flat report in May, the Trulia Price Monitor for June shows that the asking prices for homes listed for sale in the 100 largest metro areas were up 0.3 percent last month (both YoY and...

home building, construction spending, May, 2012, increase, residential
on July 02,2012

A 3 percent increase in residential construction spending in May pushed overall construction spending up 0.9 percent for the month, the largest jump since December 2011.

Conference Board, consumer confidence, index, June 2012, present conditions
on June 27,2012

The Conference Board Consumer Confidence Index, which had declined in May, fell further in June, according to data released Tuesday.

What ‘taxaggedon’ would mean for home builders
By David Barista on June 24,2012

Economists at the National Association of Home Builders recently analyzed the impacts of the expiration of the Bush-era tax cuts (or “Taxaggedon,” as tax policy experts call it) on home builders,...