Private residential construction spending was relatively unchanged for the first month of 2013 due to declines in the volatile remodeling spending category. Nonetheless, total residential construction spending remains near post-2009 highs and has experienced growth in 15 of the last 17 months according to data from the Census Bureau.
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Clear Capital recently released its Home Data Index(TM) (HDI) Market Report with data through February 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly any other index provider in the industry.
According …
Low inventory is a relative term depending on how you're comparing it. Would the comparison be to total number of homes on the market last year, homes in a certain price range or homes in a certain area? In some situations, it's a combination of all of those things.
…We're constantly bombarded by lenders to refinance our mortgage under a variety of programs. The volume of offers can almost make you numb to the rational consideration.
There are common rules of thumbs that homeowners and agents use such as not refinancing more often than every …
The United States is a coastal country. Many businesses are located in areas considered "high risk" coastal areas by private insurers. These areas are "high risk" because they area is subject to flooding, rain, or wind damage. Businesses in these areas struggle to find affordable insurance.Seven coastal states (AL, FL, …
View MoreAlthough the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to Fannie Mae's Economic & Strategic Research Group. Increased taxes and reduced government spending will keep growth at a subdued pace in the first half of …
Though home foreclosures continue to be a challenge in many hard-hit markets, a report released this week by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul.
According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and …
The housing market, a reliable bellwether of the economy, seems to be bouncing back.
Many of the nation’s largest home builders surprised analysts by reporting a profit in the quarter that just ended. Home sales continue to rise nationwide, compared with 2011, and home prices also are up. Prices rose …
For most people, the largest purchase that they are ever likely to make in their lives will be a home purchase. In almost all countries where free-market forces are allowed to predominate, house prices have risen at a faster rate than wages since World War II. However, political and social …
I am celebrating the latest news about several programs designed to make homeownership a priority for some groups that had long-standing or traditional barriers to owning or accessing homes of their own.
On February 13, U.S. Housing and Urban Development Secretary Shaun Donovan announced eight organizations will receive a …