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Real Estate, Residential, US Real Estate

Home Affordability At Its Highest in Nearly Two Decades

By Mike Wheatley | November 21, 2011
The combination of stabilizing home prices and super-low interest rates has led to housing becoming more affordable now than it has been at any time over the last two decades, according to a press release by the National Association of Home Builders. The latest NAHB/Wells Fargo Housing Opportunity Index (HOI) showed that 72.9 % of […]
Featured News, Home Builders/Developer's, US Real Estate

5.7% Rise in New Single-Family Home Sales

By Mike Wheatley | October 28, 2011
After seeing sales of new single family homes decline for four straight months, we finally saw a rebound during September, with new home sales in this category rising by 5.7%, according to the Commerce Department. Associated Press reported that one of the biggest reasons for the jump was that builders finally saw sense and reduced […]
Real Estate, Residential, US Real Estate

NAHB Dismayed With Obama Jobs Speech

By Donna S. Robinson | September 11, 2011
A press release from the National Association of Home Builders has expressed disappointment over the jobs speech delivered on Thursday evening by President Obama. The speech touched on a number of ideas for trying to create more jobs, but the housing market, a crucial part of the U.S. economy was not even mentioned. Housing is […]
Home Builders/Developer's, Real Estate, US Real Estate

New Home Builds On The Up

By Mike Wheatley | June 17, 2011
The market for new homes has been picking up some steam in recent weeks with the numbers of new constructions beginning and housing permits awarded rising to their highest levels for five months. The Commerce Department reported yesterday that there was a 3.5% increase in the number of housing starts in May compared to the […]
Real Estate, Residential, US Real Estate

Home Affordability at Highest Level in Two Decades

By Mike Wheatley | May 26, 2011
Homes are now more affordable to families than they have been any time during the last twenty years, according to data from the latest pricing index from the first quarter of this year.   According to figures released by the National Association of Home Builders / Wells Fargo Housing Opportunity Index, almost 75% of existing […]
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