Apologies to Paul Simon, but when I looked at the long list of design ideas I compiled while at the International Builders’ Show in Orlando, I thought I’d try to mention 50 of them—a nice round num
Industry Data & Research
Industry data and research for professional home builders and remodelers.
construction jobs, new construction, construction employment
Construction employment is down 2.175 million jobs from the peak in April 2006, but up 53,000 this year through September.
Moody’s Analytics chief economist Mark Zandi on housing market
Speaking to a group of mortgage bankers in Chicago on Tuesday, Moody’s Analytics chief economist Mark Zandi said that tweaks, not a complete overhaul, could be enough to stabilize house prices and help the mortgage financing industry work through the glut of foreclosures, Dow Jones Newswires reported.
Fixed rate mortgages drop to 3.94 percent
NAHB/First American Improving Markets Index
Kankakee, Ill., Amarillo, Texas, and Sumter, S.C., are among the 23 housing markets to make the latest NAHB/First American Improving Markets Index, which tracks markets that have shown improvement for at least six months in housing permits, employment, and housing prices. See which markets made the list.
business, spending, economy
American businesses stepped up investment spending in August despite the upheaval caused by bitter political fighting in Washington, and some economists raised their forecast for economic growth for this quarter.
new home construction, housing market, home building, homebuilding, new homes
Lending for acquisition, development and construction (AD&C) purposes in home building remains restrictive.
cities, forbes, top ten, cities for jobs
Forbes’ 2011 list of best mid-sized cities for jobs showed a much brighter outlook than 2010.
home sales, housing market, real estate market, existing homes
The National Association of Realtors reported Thursday that pending home sales in August slipped but remained higher than a year ago, with a mixed regional performance. The Pending Home Sales Index, which is based on contract signings, declined 1.2 percent to 88.6 in August.
shadow inventory, housing supply, housing market
CoreLogic reported Tuesday that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of 5 months.
home prices, housing market, real estate market, case-shiller
The S&P’s Case-Shiller Home Price Indices data through July 2011, released Tuesday, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9 percent in July over June.