Tag Archive | low mortgage rates

Not for sale? Not necessarily a problem.

May Buying Advice: Choked by a weak housing inventory, some agents are coaxing homeowners to the market with a different approach. Frustrated with the lack of housing inventory, homebuyers in many markets are taking matters into their own hands by sending letters to homeowners and asking them to sell. In this month’s Buying Advice, we’ll […]

Housing Giving Off Mixed Signals: Are we recovering or not?

Housing has been a tremendous drag on the overall economy, and while the ink is not yet dry on the history books, fingers are still pointing in every which direction, and there is not a consensus regarding when the sector will be recovered, but the emerging consensus is that the recovery process has begun. We […]

Home Building Rises to Key Milestone

The annual pace of housing starts topped 1 million for the first time in nearly five years in March, another sign of the rebound in the sector. The pace of housing starts came in at an annual rate of 1.04 million in the month, up 7% from February and 47% from a year earlier. It […]

Housing Industry Boosts Employment

Despite an economic picture that looks considerably rosier than it has in the past few years, one nagging problem continues to hinder economic growth: Unemployment. For the first time in years, the housing industry may be able to help. While the most recent unemployment surveys for March are weak overall, the housing recovery is responsible […]

Homebuilder Confidence Shaken by Fear of Too Much Demand

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders’ outlook for sales over the next six months has reached its strongest point in more than six years. […]