Most Recent in News economics

Pending home sales, PHSI, index, December 2011, decrease
on January 25,2012

The latest edition of the Pending Home Sales Index indicates that sales declined in December 2011 but were still significantly higher than the previous year, according to the National Association...

remodeling, home improvement, recovery, Wall Street Journal, spending increase
on January 20,2012

While final numbers have not been released, IHS Global Insight predicts that home improvement spending rose 3.3 percent overall in 2011, according to a Wall Street Journal report.

single-family homes, home market, housing market, housing starts
on January 19,2012

Nationwide production of new single-family homes rose 4.4 percent to a seasonally adjusted annual rate of 470,000 units in December.

home builder, homebuilder, lennar, new construction
on January 17,2012

The home builder Lennar reported a 20 percent jump in new orders –– its highest level in more than four years.

housing forecast, housing market, 2012
on January 10,2012

The Wall Street Journal’s blog offered five issues in 2012 that will be deciding factors in the housing market. 

on January 05,2012

Forbes highlighted the five regions that are most poised to flourish in 2012 and help boost the national economy.

federal government, housing market, housing policy, fannie mae, freddie mac
on January 05,2012

The Federal Reserve on Wednesday issued a white paper to Congress in attempt to fire up policy makers about the housing market’s problems.

economy, spending, consumer confidence, market
on January 04,2012

Americans' economic confidence continued to improve in December with Gallup's Economic Confidence Index reaching -38 as consumers expressed more optimism than at any time since June.

housing forecast, housing market, 2012
on January 04,2012

The blog Calculated Risk compiled a few 2012 forecasts from major players in the housing industry.

construction spending, construction jobs, housing market, new home construction
on January 04,2012

According to the Census Bureau, private residential construction spending increased 2 percent during November.

housing starts, housing market, new home construction, 2012
on January 03,2012

Metrostudy researched all or part of all 84 metropolitan statistical areas (MSAs) around the country and found that starts will increase nationwide in 2012.

existing home sales, distressed properties, foreclosures
on December 30,2011

There is still a gap between distressed home sales and existing home sales, despite the significant downward revisions to existing home sales for the years 2007 through 2011

on December 27,2011

Prices down 3 percent from a year ago

on December 21,2011

Sales in November showed month-over-month and year-over-year gains, but errors in measurement caused Realtors to adjust sales numbers since 2007

home builder, homebuilder, lennar, acquisition
on December 20,2011

Lennar expanded operations into the Pacific Northwest by acquiring about 650 finished sites in the Seattle and Portland markets from privately held Premier Communities.

on December 20,2011

U.S. House votes not to extend payroll tax cut for two months; want full year instead

housing starts, housing market, new home construction, multifamily construction
on December 20,2011

Builders broke ground on a seasonally adjusted annual rate of 685,000 homes last month, a 9.3 percent jump from October.

Photo courtesy of Andersen
on December 19,2011

The BuildFax Remodeling Index shows its 24th straight month of year-over-year growth

on December 19,2011

Two-month extension would be funded by tacking extra fees onto Fannie and Freddie mortgages

foreclosures, housing market, mortgage, financing
on December 15,2011

RealtyTrac released its U.S. Foreclosure Market Report for 2011 today, which shows that November foreclosure filings were down 3 percent from October and down 14 percent from November 2010.