July Jobs Report Signals Riper Conditions for Housing

The U.S. economy added 209,000 jobs in July, the Labor Department recently reported, flouting expectations and signaling riper conditions for the housing market. The unemployment rate retreated to 4.3 percent, a low, and hourly wages on average went up 0.3 percent to $26.36. “[July’s] strong jobs report showed some good news,” says Danielle Hale, chief […]

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Home Builder Confidence in Boomer Market Leaps Forward

Home builder confidence in the single-family 55-plus housing market took a leap forward in the second quarter of 2017, according to the National Association of Home Builders’ (NAHB) recently released 55+ Housing Market Index (HMI). The Index reading for the second quarter was 66, up a solid 11 points from the first quarter. An above-50 […]

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Retirees Turning to Custom Homes to Get the Right Space

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Luxury Homes: How to Tell If You’re Getting a Fair Price $1 Million a Week: Starting With Quality Leads Don’t Let Clogged Gutters Wreak Havoc on Your Home As people reach retirement, their current house may simply […]

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State of the Nation’s Housing: Affordability Puts Pressure on Progress

Housing has largely bounced back from the crash, with several key gauges again at healthy, pre-collapse levels, according to the newly released State of the Nation’s Housing report, published by the Joint Center for Housing Studies at Harvard University. A definitive recovery in home prices, growth in home-building and unbridled demand are strengthening the market, […]

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Housing Starts Again Disappoint in May

Home-building activity again disappointed in May, below expectations with housing starts down 5.5 percent to a rate of 1,092,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 3.9 percent to 826,000. Starts for units in buildings with five units or […]

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It’s About Time: Builders Responding to Renter Rush

Will they, or won’t they? Whether millennial renters would make the transition to homeownership has been hotly debated since the housing crisis—and now, there is more evidence pointing to the affirmative. According to a recent report by the Wall Street Journal, home builders are starting to double back on starter home production, recognizing valid demand […]

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Housing Starts Make Unexpected Move

Home-building activity in April fell short of forecasts in an unexpected move down, with housing starts dipping 2.6 percent to a rate of 1,172,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 0.4 percent from March to 835,000. Starts for […]

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Builder Confidence in Boomer Market Takes a Dive

Home builder confidence in the single-family 55-plus housing market took a dive in the first part of the year, according to the National Association of Home Builders’ (NAHB) recently released 55+ Housing Market Index (HMI). The Index reading for the first quarter of 2017 was 55—down from 67, a post-recession high, in the fourth quarter […]

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