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Homebuilders Forecasting a Steady Rise in 2014
Led by a resurgence in single-family production, housing will continue its climb toward higher ground in 2014, but builders are still confronting several challenges that could hinder the pace of the...
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Winter Weather Dampens February Home Builder Confidence
Unusually severe weather conditions across much of the nation, along with continued concerns over the cost and availability of labor and lots, resulted in builder confidence in the market for...
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Mother Nature Laying the Smack Down on the U.S. Housing Market
Here in the northeast, we’ve been having quite a hellacious winter. It seems to snow every week, which, of course, impacts just about every single aspect of life. The more obvious impacts on an...
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Slightly Reduced Median Prices Stabilizes Affordability in Q4
Slightly lower median home prices along with a small uptick in mortgage rates contributed to housing affordability holding steady in the fourth quarter, according to the National Association of Home...
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Sales of Newly-Built Homes Up Around 10 Percent
Sales of newly built, single-family homes rose 9.6 percent to a seasonally adjusted annual rate of 468,000 units in January from an upwardly revised pace of 427,000 units in the previous month,...
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Multifamily Builder and Developer Sentiment Weakens in Q4
The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), showed a slight weakening as the index declined four points to 50 in the fourth quarter of 2013. It...
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Trade Groups Praise House Passage of Flood Insurance Measure
The industry has overwhelmingly commended the U.S. House of Representatives for passing flood insurance legislation that will benefit home buyers and home owners and provide a boost to home building...
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HomeBuilder Market Returning to Normalcy
Markets in 59 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home...
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Is Private Mortgage Insurance Making a Comeback?
Some odd dynamics are in play within the housing market these days. While real estate has improved from the depths of the Great Recession, much like the economy at large, headwinds in the single-family...
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Senate Banking Committee Lays Out GSE Reform Framework
Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) have announced that they have come to an agreement regarding a bill reforming housing finance and the...
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Senate Passes Flood Insurance Measure
Industry trade groups have jointly applauded the Senate for approving flood insurance legislation that will provide much-needed certainty to homeowners and financial stability for the National Flood...
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NAHB Kicks Off Nationwide Homeownership Drive
Meetings began this morning in hundreds of conference rooms, jobsites and legislative offices all over the country, as members of the National Association of Home Builders (NAHB) hold a week-long...
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Homebuilder Confidence Rises Slightly in March
Builder confidence in the market for newly-built, single-family homes rose one point to 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "The March HMI mirrors...
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Housing Starts Plateau in February
Nationwide housing starts were virtually unchanged in February, inching down 0.2 percent to a seasonally adjusted annual rate of 907,000 units, according to newly released data from the U.S. Department...
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February Winter Weather Drops Sales of Newly-Built Homes
Sales of newly built, single-family homes fell 3.3 percent to a seasonally adjusted annual rate of 440,000 units in February, according to newly released figures from the U.S. Department of Housing...
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Metro Markets Show Strong Housing Gains in March
Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First...
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JPMorgan Chase and Wells Fargo Take Q1 Hits on Drops in Mortgage Production
On Friday, two of the Big Four banks have unveiled their quarterly earnings reports. Overall, the first quarter seems to have had a noticeable ding on JPMorgan Chase and Wells Fargo’s mortgage...
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Builder Confidence Remains Flat for Third Consecutive Month
Builder confidence in the market for newly built, single-family homes rose one point to 47 in April, from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells...
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NAHB: Housing Starts Up Nearly Three Percent in March
Led by a six percent rise in single-family starts, nationwide housing production rose 2.8 percent above an upwardly revised February rate of 920,000 to a seasonally adjusted annual rate of 946,000...
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Sales of Newly-Built Homes Drop Nearly 15 Percent Last Month
Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing & Urban...
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