Florence’s Wake: Housing Starts Underwhelm
The extent of Hurricane Florence’s impact is widening, with construction falling 13.7 percent month-over-month in the South. At a 5.3 percent decline from the last month, September starts underwhelmed, according to the Commerce Department. Combined, housing...
Building Claws Higher in July
Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled 1.17 million, with 303,000 multifamily (five units or more) starts and 862,000 single-family starts. On an annual...
Builder Confidence Healthy in July
Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one....
Housing Starts: Ground-Breaking in June Plummets
Home-building in June sharply slid, with overall starts toppling 12.3 percent, and single-family starts tumbling 9.1 percent, according to the Commerce Department. Housing starts totaled 1.17 million, with 304,000 multifamily (five or units or more) starts and 858,000...
How to Convert More Buyers to Sold in a Fast Market
Panicked due to lack of inventory? Frustrated by losing sales to the competition? Cleve Gaddis recently shared 12 tips to help buyer's agents create more sales by providing greater value.
Read them here.
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