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...
NAHB: Affordability Hits Lowest in 10 Years
Affordability has hit its lowest in 10 years, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunities Index (HOI) for the second quarter of 2018. Approximately 57 percent of homes sold in the second quarter were affordable based...
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....
Save Time Making Your Listings Shine
From cleaning and repairs to whole-home rehabs, almost every home needs work done to get ready for market. Save time making all of your listings shine this spring with hassle-free home improvements complete with free deep cleanings.
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