Home Buying a Strong Boost to Overall Economy, NAHB Study Shows

A new consumer spending analysis from the National Association of Home Builders (NAHB) highlights another reason why home building helps drive a healthy economy: In their first year of ownership, new home buyers spend about $10,601 on appliances, furnishings and home improvement projects –...

Read More

Single-Family Housing Starts Bounce Back in June

Nationwide housing starts rose 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 6.3 percent to a seasonally...

Read More

Builder Confidence Slips Two Points in July, Remains Solid

Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016. “Our...

Read More

Renters Saved Thousands by Renewing Instead of Moving

Renters Saved Thousands by Renewing Instead of Moving The national rent increase for renewing a lease was two percent lower than the market rate increase – A renter who moved in the past year paid an average of $329 more each month than a renter who has lived in the same place for five years...

Read More

Higher Stakes in FLA Bidding Wars

As the home purchase market continues to heat up in many US markets, repeat buyers are increasingly looking to a bridge loan as a way to manage the logistics and costs of buying a home before selling their current one. Third Federal Savings and Loan, a major residential mortgage lender, reports...

Read More

Recent Tweets