CoreLogic reported that home prices jumped 12.1 percent since last April, which was the biggest gain since February 2006. Forty-eight states and 94 large U.S. cities saw such an increase. The small number of houses for sale versus the ample amount of buyers competing for these homes is causing prices to rise. According to leading […]
Current government data shows that there is a steady increase in job creation. This, in turn, provides reassuring signs that housing is on its way to recovery. Certain aspects in the workforce are allowing for a growth in home sales. Fewer unemployment claims, steady job growth, and fewer layoffs are all economic signs that are […]
Twenty U.S. metropolitan areas are now part of the expanding Improving Markets Index as of this month, according to the National Association of Home Builders and First American Title Insurance. The February IMI list now includes 259 metro areas and has all 50 states represented on the list, including the District of Columbia. The new […]
Daily Real Estate News recently reported that housing starts are expected to increase in 2011. But by how much? It depends on who you ask. During an economic update at the International Builders’ Show in Orlando on January 12, David Crowe, The National Association of Home Builders’ chief economist, said that projected single-family home starts […]