Category Archives: Real Estate News

New Home Sales Disappoint

After a slew of positive readings on the nation’s housing recovery, sales of newly built homes in October were a big disappointment. Despite the big public builders reporting big jumps in new orders and builder confidence positively leaping to the … Continue reading

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Housing Recovery Is Leaving Behind First-Time Buyers

Current homeowners are finally moving up, and distressed sales are making up less of the overall market—all signs of much-needed improvement in housing. Current homeowners accounted for 54 percent of October’s non-distressed market, up from 50 percent in June, according … Continue reading

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Yes, Housing Starts Surge, but Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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Yes, Housing Starts Surge, But Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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Builders Bump Up Thanks to Drop in Existing Home Supply

Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading

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