Tag Archives: Midwest

Home builder confidence stalls in September

There is certainly plenty of pent-up demand, especially among younger, first-time home buyers, but many of them are still struggling in today’s job market, either unable to find steady work or not earning enough to afford today’s higher down payment … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Home builders: Best in years and getting better

All but one region saw a gain in its three-month moving average on the NAHB index in August. The Midwest and West each posted six-point increases, to 60 and 57, respectively, while the South posted a four-point gain to 54 … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , | Leave a comment

Home Builder Confidence Soars

Home builders have been hampered recently, due to lack of labor, land and supplies. As demand finally comes back to the housing market, many builders have had trouble meeting it; others have slowed production intentionally to take advantage of rising … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

US Pending Home Sales Tick Upward in March

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Pending Home Sales Soar Despite Rough Winter

Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , | Leave a comment