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Archive for the ‘housing’ category

It’s been nearly a decade since builders were this confident in the market for newly built, single-family homes. Builders’ confidence rose for the fourth consecutive month in September, according to new data from National Association of Home Builders (NAHB). It’s a strong signal that the housing industry is gaining more momentum. To create its NAHB/Wells Fargo Housing […]

A major portion of U.S. borrowers thinks it’s harder to get a mortgage than it really is – a misconception that may be hampering home purchases. In a recent a survey conducted by Wells Fargo & Co., the nation’s largest mortgage lender, nearly half of respondents believed that a 20 percent down payment is required – when in reality, […]

Why homeowners are moving

June 13th, 2014

According to U.S. Census Bureau data, about 36 million American homeowners moved from 2012 to 2013. The top reason? Housing. A whopping 48% of movers said housing was the top motivator, followed by family (30.3%), employment (19.4%) and other (2.3%). The chart above digs into the specific reasons by grouping. Interesting stuff, huh? The data — in […]

Builders and remodelers of the world usually have a pretty good idea of where the more expensive places to live are. Luxury housing usually equals luxury prices! So here’s an interesting question: which area of country touts the most expensive rent prices? Is it New York with its fabled high prices for an old, creaky […]

Break up that garage facade! Apparently a lot of you are interested in learning more, as this item on designing a better garage was one of the top slideshows of 2013 on BUILDER magazine’s website. And it looks like house plans never go out of style, since two of the most popular slideshows featured the […]

What if you could buy a home for $1? Twelve people from the city of Gary, Ind., will soon get the chance as part of an innovative approach to stabilize a struggling neighborhood in the University Park section. The city purchased the homes at county tax sales after the owners were unable to pay property […]

Jed Kolko, chief economist for for Trulia.com, has written a blog post for the Trulia Trends blog with a headline you never would have read just a few short years ago: “Worried Buyers Would Take Desperate Measures in Today’s Sellers’ Market.” Mortgage rates have jumped nearly a full percentage point in the past two months […]

Location, square footage, schools — and neighbors? The standard home appraisal form may not include an area for troublesome neighbors, but new research from Harris Interactive and State Farm Insurance found 60 percent of Americans aren’t exactly enamored with someone who live nearby. In some extreme cases, annoying neighbors can negatively impact a home’s value. […]

Jed Kolko, chief economist for online real-estate website Trulia, stopped by the Wall Street Journal earlier this week to discuss some interesting findings from a recent survey of homeowners. During a recording of “Lunch Break” (above), Kolko joined the growing number of economists who now believe the market has shifted and sellers now have the […]

The third and final day of the 2013 International Builders’ Show finished up with exhibitors, sponsors and attendees being treated to a closing concert from Cheap Trick. Fresh off of their most recent tour with Aerosmith, the rock band tore down the house with a 90-minute concert featuring many of their greatest hits. But before […]

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