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News

Home Price Index: home prices down 1.3% in Q3

Calculated Risk reported that the October CoreLogic Home Price Index (HPI) showed that home prices in the U.S. decreased 1.3 percent on a month-0ver-month basis for the third consecutive month. 

Top 5 highest, top 5 lowest mortgage down payments in the U.S. by state

LendingTree.com released data highlighting the average down payments on residential real estate purchases for all 50 states and Washington, D.C.  

NVR enters Tampa market

NVR is entering the Tampa Bay area’s home market by introducing their Ryan Homes brand.

The Rear View Mirror - Goodbye 2011!

When we look into our car’s rearview mirror we see where we have been, as well as the distant horizon; the vanishing point of times past.  In the…

Hope springs eternal: financial adviser says to buy shares of home builders’ stocks

Financial services company Raymond James has upgraded some of the nation’s largest home builders to outperform from market perform, which essentially tells investors to buy shares of the company.

Job growth seen in metro areas hit hardest by the bust

In November, jobs grew in metro areas where home prices dropped at least 30 percent during the bust, but construction employment slipped slightly.

Renting is more expensive than owning in many cities

Home prices and mortgage rates are so low that it is cheaper to own a home than it is to rent in many cities.

Americans are moving less because of tight credit, low home prices

The Atlantic Cities reported that the Census Bureau showed that only 11.6 percent of Americans moved to a new residence between spring 2010 and spring 2011.

Number of homes for sale drop in October

The number of homes for sale dropped for the fifth consecutive month in October, reaching the lowest level in more than four years.

The Lean Design Blog: Are TJIs costing you more than they should?

My psychiatrist told me I'm going crazy.  I told him, "If you don't mind, I'd like a second opinion."  He said, "All right. You're ugly too!"…

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