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.
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,
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
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