Tag Archives: new construction

Housing Starts Fall 10% in May

This number is way below expectations and doesn’t bode well for near-term jobs… Continue reading

Posted in Building & Remodeling, Real Estate Data | Tagged Homebuilders, Housing Starts, new construction | 1 Comment

Selling Into The Rally

The fix is in to stabilize prices through restricting supply. Will the cartel arrangement hold up and permit an orderly liquidation of REO without crashing prices? Continue reading

Posted in Building & Remodeling, Everything About Foreclosures, Fresh Perspectives | Tagged Foreclosures, Home Prices, new construction, New Home Sales, REOs | Leave a comment

April Housing Starts Increase

From the U.S. Census Bureau: BUILDING PERMITS Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 606,000. This is 11.5 percent (±1.1%) below the revised March rate of 685,000, but is 15.9 … Continue reading

Posted in Building & Remodeling, Home Economics | Tagged Homebuilders, Housing Starts, new construction, New Home Sales | Leave a comment

Homebuilder Confidence at 2 1/2 Year High Yet Still in the Gutter; Huckster Hype Returns to Las Vegas

Homebuilder confidence is up again, but the headline does not tell the real story. Please consider Homebuilder confidence at 2-1/2 year high in May The NAHB/Wells Fargo Housing Market index increased three points to 22, the highest since August 2007, … Continue reading

Posted in Best Of The Storm, Building & Remodeling, Economic News, Fresh Perspectives | Tagged Homebuilders, Housing Bubble, new construction | Leave a comment

New-home buyers re-emerging

Nationwide, sales of new homes jumped 27% in March from the month before and 24% compared with March 2009. A key index of homebuilder stocks is up 16% this year, compared with a rise of 3.4% in the Dow index. One major builder, Lennar Corp., has seen its shares rocket 47%. Continue reading

Posted in Building & Remodeling, Real Estate Data | Tagged new construction, New Home Sales | 1 Comment