Mortgage, Real Estate, Residential, US Real Estate

October Housing Scorecard a Reason for Optimism

By Mike Wheatley | November 4, 2011
An optimistic showing from U.S. housing markets over the last month has been revealed by new data released by the Obama administration. The October Housing Scorecard Report showed that sales of new homes rose to 26,100 in the last month, but while this is more sales than August’s total of 24,700 new home sales, it’s […]
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 […]
Home Builders/Developer's, Real Estate, Residential, US Real Estate

Home Builders Struggling Against The Tide

By Mike Wheatley | September 8, 2011
Figures for new home sales in 2011 are on track to reach a record new low, says the Wall Street Journal. Following a peak in 2005, when 1.3 million units were sold, the annual rate as recorded in July was just 298,000 units. Most home building companies are struggling to compete with the tidal wave of […]
Real Estate, US Real Estate

US New Home Sales Struggling to Gain Momentum

By Allison Halliday | June 24, 2011
Figures just released from the Commerce Department show the housing market is still struggling, as purchases of new homes fell in May by 2.1%, for the first time in three months to 319,000 a year. Builders are facing the problem of nearly 2,000,000 distressed properties, which it is estimated could take three years to sell […]
Home Builders/Developer's, US Real Estate

New Home Sales Decline 12.6% in January

By Mihaela Lica Butler | February 24, 2011
New U.S. home sales fell more than expected in January, a report by the Commerce Department showed on Thursday. January saw only 188,000 new homes available for sale, the lowest number since December 1967.
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