flexiblefullpage - default
Currently Reading

Number Crunch

Advertisement
billboard - default

Number Crunch

15 The percent of real-estate construction and development loans that were 90 days or more overdue at financial institutions whose deposits are insured by the FDIC, as of September 2009, up from 1.9 percent two years earlier, according to the Wall Street Journal. 21 The percent of home sellers that have lowered their asking price at least once as of January, down from 22 percent in December 20...


January 31, 2010
This article first appeared in the PB February 2010 issue of Pro Builder.

15 The percent of real-estate construction and development loans that were 90 days or more overdue at financial institutions whose deposits are insured by the FDIC, as of September 2009, up from 1.9 percent two years earlier, according to the Wall Street Journal.

 

21 The percent of home sellers that have lowered their asking price at least once as of January, down from 22 percent in December 2009 and 25.6 percent in November 2009, according to Trulia.

 

11,200 The number of solar-powered homes that Pulte Homes plans to build at two of its age-restricted Del Webb communities in Arizona.

25 The percent of National Association of Realtors members that have reported clients losing a sale due to botched or low appraisals, due primarily to the glut of distressed properties.

 

67.3 The percent of Americans who own a home, as of Q4 2009 — the lowest rate since the second quarter of 2000, according to the U.S. Census Bureau.

15 The National Association of Home Builders/Wells Fargo Housing Market Index in January (its lowest point since June 2009), after it fell one point from December 2009. Builders surveyed are concerned about the poor job market and the large number of foreclosed homes for sale.

 

<1 The percent of all homes currently at risk of foreclosure that will be approved for short sale by banks, according to real-estate market forecaster Housing Predictor. The firm believes short sales are unlikely to have a real impact on the housing market.

 

4,500,000 The estimated number of U.S. homeowners that owe 75 percent more than their home is worth, according to First American CoreLogic. That number is likely to peak at 5.1 million in June 2010.

Advertisement
leaderboard2 - default
Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.