New-Home Sales Drop 2% in Feb.NAHB says price increases and rising mortgage rates pushed some new-home buyers out of the market. The median sales price hit $400,600, up 10.6% year-to-year. …continue
New-Home Sales Drop 2% in Feb.NAHB says price increases and rising mortgage rates pushed some new-home buyers out of the market. The median sales price hit $400,600, up 10.6% year-to-year. …continue
Feb. New-Housing Starts Surpass ExpectationsA disappointing dip in Jan. new-home starts was followed by a surprise surge in Feb. Economists expected about 3.2% growth but starts rose by 6.8%. …continue
Typical 2010 Buyer Earned $229K in 10 YearsWASHINGTON – Homeownership is a leading source of net worth among families, akin to a silent savings account that doubles as a place to live. Built over time, housing wealth is primarily achieved by price appreciation gains, which the nation has seen accelerate at a record pace during the last decade. …continue
Fla. Home Sales, Median Prices Up in JanuaryFlorida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K. …continue
January: Housing Starts Down, Building Permits UpWhile the number of housing starts declined 4.1% compared to Dec., the number of building permits – indicators of future housing-start numbers – rose 0.7%. …continue