FDIC, NAHB, Bankers struggling to find the same page [Report]
According to the U.S. Department of Commerce, sales of existing new homes were in the tank in January, down 12.6 percent. The dip coming after improved sales in December on the heels of an expiring tax...
View ArticleNAHB Chairman speaks out against Obama’s deficit reduction speech
National Association of Home Builders’ position President Obama’s plan to reduce long term deficits as portrayed in a speech at George Washington University has come under fire from the National...
View ArticleNew home builder sentiment changing in light of sector shift
New home sector down, creative measures taken The new home construction sector has hit a series of speed bumps as new home sales plummeted in February to their lowest level since recording began in...
View ArticleHousing affordability compared to race/ethnicity across America
NAHB study outlines affordability New data from the National Association of Home Builders (NAHB) reveals dramatic contrasts correlating with major race/ethnic groups and housing affordability. The...
View ArticleNew home sales up in all regions, inventory at historic lows
New home sales The new home sector has been hit extremely hard by the recession but the U.S. Commerce Department’s April data is finally good news after consistently negative reports on all fronts for...
View ArticleNational Homeownership Month and Nationwide Open House Week kick off
National Open House Week The National Association of Realtors (NAR) has partnered with over 300 associations nationally and 59 countries across the globe for the 2011 Realtor Nationwide Open House this...
View ArticleWhere do NAR and NAHB stand on the debt ceiling compromise?
NAR weighs in On Friday, the National Association of Realtors issued a statement as lawmakers worked diligently to achieve a compromise on the debt ceiling. NAR President Ron Phipps said, “The National...
View ArticleNational Association of Home Builders to launch new economic indicator
New indicator to watch in housing Today, the National Association of Home Builders (NAHB) announced the launch of the NAHB Improving Markets Index (IMI) which will be released monthly and will analyze...
View ArticleHousing starts down, new home builders holding off on new projects
Housing starts down, permits up Housing starts dropped 5.0 percent in August, reports the U.S. Commerce Department today. Much of the decline was due to a “volatile multifamily side,” says the National...
View ArticleWhat home feature adds $43,000 to its price, what reduces it by $24,000?
The average new home is 2,150 sf In a Southern suburb, a home’s value increases by around $43,000 by having a third full bathroom in a single family home, according to the National Association of Home...
View ArticleAffordability in housing near highest levels in 20 years – top 5 cities
Housing affordability is up During the third quarter of 2011, housing affordability lingered at its highest levels in America in more than the 20 years that the National Association of Home Builders...
View ArticleMulti-family builder sentiment rises for fifth consecutive quarter
Sentiment on the rise As with new home builders, multi-family builders and developer sentiment is also improving, according to the National Association of Home Builders (NAHB) quarterly Multifamily...
View ArticlePhoenix skyrockets in top 20 improving markets list
As the National Association of Home Builders teams up with First American to monitor the improving housing markets, this month shows little change from the month prior, however, Phoenix rises to nearly...
View ArticleBuilder confidence at five year high, West still struggling
Builder sentiment is up nationally, and is at its highest point in years, but the West, which has been hard hit by foreclosures, continues to decline. 2012 is seen by many as a year of recovery for...
View ArticleBuilder confidence at highest point in nearly 10 years
According to the NAHB, more builders are feeling confident about the market, but because of where the readings are, this is not exactly the comeback it is being portrayed as by traditional media...
View ArticleHousing demand for baby boomers spread evenly across states
The volume of households headed by people over 55 is growing, and the NAHB reports that this population is very evenly dispersed. Follow The American Genius on Facebook for exclusive & breaking...
View Article80 cities on improving housing markets list
As the NAHB measures the health of metro areas, several cities were added to the improving markets list, however a handful fell off. Follow The American Genius on Facebook for exclusive & breaking...
View ArticleNAHB: home prices rise, affordability falls
The real estate economy is currently fluctuating, with many indicators still declining, while prices see a slight rebound. The down side is that housing affordability drops when prices rise, creating a...
View ArticleBuilder confidence continues rising, highest in Midwest
Builder confidence is at its highest level since February 2007 but has significant room for improvement as housing finds the bottom. Follow The American Genius on Facebook for exclusive & breaking...
View ArticleBuilder confidence up for fifth consecutive month
Although it has a long way to go until a healthy reading, the builder confidence study reveals that sentiment is up, hitting pre-bust levels. Follow The American Genius on Facebook for exclusive &...
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