Despite continued inventory woes, housing affordability increases in Q1

Increases in mortgage rates are being offset by rising incomes, providing a small boost to housing affordability in the first quarter of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

Report: House hunting takes more time, but buyers refuse to give up

Consumers in the hunt for a new home say it’s taking a significant amount of time to find the perfect property. In fact, some 51 percent of respondents in a recent survey said it’s taking them three months or more to find a home that meets their

Decline in new home construction could cause “housing emergency”, says NAR economist

New home construction is on the decline following a strong start to 2017. The latest report from the Commerce Department shows that housing starts nationwide,

New home sales close to record high as inventory bites

New home sales rose for the third consecutive month in March 2017, according to new data from the Commerce Department.

Residence by Armani/Casa named best sale center by NAHB

Residences by Armani/Casa’s spectacular oceanfront design center was recognized as the 2016 Best Sales Center by the National Association of Home Builders (NAHB) Multifamily Pillars

Hooray, more single-family homes on the way

Home builders have answered the call to provide more single-family homes in the last month, with production rising by 8.1 percent to a seasonally adjusted annual rate of 783,000 units

Home Builders Are On the Rise Across US

It’s taken some time but the house building businesses has finally started to advance. It’s not a major advance but it is moving forward. The National Association of Home Builders/Wells Fargo builder sentiment index released last week rose 2 points to 60 following a downwardly

Patios are more popular than decks, but not everywhere

In 2014, patios were constructed in 56 percent of all new homes built in the U.S., compared to just 23 percent of new homes that were fitted with a deck.

Building Bigger With Bigger Debt

The developing trend in new house building is bigger homes. You might mistakenly assume that as the population grows older, seniors would be downsizing. You might also assume that the first time buyers market is demanding smaller homes. But that doesn’t appear to be the case for either according to the National Association of Home

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Housing Market Continues Its Gradual Recovery

According to the National Association of Home Builders, markets in 68 out of approximately 360 metro areas throughout the country returned to or even exceeded their last normal levels of economic and housing activity during the first quarter of this year. The National Association of Home Builders/First American Leading Markets Index was recently released and

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