How to Compete Against Bank-Owned and Short Sales Homes
With everything that is going on in our down economy today, there are a lot of houses for sale. There is no shortage of homeowners trying to avoid foreclosure are selling many of these homes. Needless...
View ArticleHousing Starts Head Lower as Multifamily Takes a Dip in June
Nationwide housing starts declined 9.9% to a seasonally adjusted annual rate of 836,000 units in June as construction of multifamily buildings slowed following recent months of strong activity in that...
View ArticleRecovery Still on Track as New-Home Sales Jump in June
Sales of newly built, single-family homes surged 8.3% to a seasonally adjusted, annual rate of 497,000 units in June, their fastest pace in the last five years, according to data released July 24 by...
View ArticleNew-Home Size Hits Record High
spacer Today’s photos are those of Archival Designs‘ Award Winning, Best Selling Luxury Mansion House Plan, Amboise. Newly released data from the U.S. Census Bureau’s Survey of Construction shows that...
View ArticleAffordability Slips as Home Values Strengthen
Today’s photos are those of Archival Designs‘ Luxury House Plan, Avanleigh Estates. Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home...
View ArticleNew-Home Sales Pause on Mortgage Rate Hike in July
Sales of newly built, single-family homes fell 13.4% to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted buyers to step back and reassess the market,...
View ArticleRecord High 291 Metros on Improving Markets List
A total of 291 metropolitan areas – just over 80% of all those for which data is available – now qualify as “improving” housing markets, according to the NAHB/ First American Improving Markets Index...
View ArticleBuilder Confidence Holding Steady in September
spacer Today’s photos are those of Archival Designs‘ Luxury House Plan, Kildare Castle. spacer Following four consecutive months of improvement, builder confidence in the market for newly built,...
View ArticleNew-Home Sales Rise as Consumers Adjust to Higher Interest Rates
spacer Today’s house plan photos are those of Archival Designs‘ Luxury House Plan, Regency. Sales of newly built, single-family homes rose 7.9% to a seasonally adjusted annual rate of 421,000 units in...
View ArticleHousing Affordability Drops as House Prices and Interest Rates Rise
Today’s photos are those of Archival Designs‘ Luxury Ranch House Plan, Rio Grande. placer Strengthening house prices and increased interest rates in metro areas across the country contributed to lower...
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