Tag Archives: Home Builders

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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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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Home Builders Need Mortgage Bankers to Keep Recovery Alive

A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading

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Are Construction Job Losses All About Pay?

Despite rising demand for newly built homes, construction employment in August remained flat, stuck at the same paltry pace for the past four months. The numbers don’t make a lot of sense at face value, given that housing starts are … Continue reading

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