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Unhappy 10th anniversary, Great Recession. You still hurt us

Posted by   /  December 15, 2017  /  Economy  /  No Comments

By Marilyn Geewax | NPR Ten years ago this month, you may not have noticed the cracking and crumbling under you. At the time, you may have had a job, a home and rising retirement savings. Sure, the housing market was hurting a lot, but stock prices were still holding up and Federal Reserve policymakers […]

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Rental boom seen busting

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

Harvard Joint Center: “We’re finally seeing the record growth in renters slow down, but while the market has responded to rental housing needs for higher-income households, there are alarming trends that suggest a growing inability to supply housing that is affordable for middle- and working-class renters, let alone those with very low incomes.” Builder A […]

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2018 demand signals strong: Now, what about supply?

Posted by   /  December 14, 2017  /  Real Estate  /  No Comments

Builder confidence

To seize some control of their market opportunity builders should look at how much it costs them to build a square foot of finished space, and how much value that generates. By John McManus | Builder As tax reform, an improving economy, and continued healing among housing’s data metrics take shape and gain momentum in a profoundly under-housed […]

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For the next housing crisis, lessons from the last one

Posted by   /  December 12, 2017  /  Real Estate  /  No Comments

foreclosures

By Lisa Ward | Realtor.com Could a new study ease the next housing crisis? When the housing bubble burst in 2008, federal policy makers thought they could limit the economic damage by helping to reduce amounts of principal owed on many mortgages, thus preventing foreclosures—especially for the millions of people who saw the value of […]

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Where are the builders?

Posted by   /  December 7, 2017  /  Real Estate  /  No Comments

What it might take for home building organizations to measure up among America’s most effectively managed firms. By John McManus | Builder Ever wonder how housing investment, development, design, engineering, construction, and sales organizations might be set up today if nothing of the kind had existed before? Impractical notion, yes, but as a thought exercise it’s worth […]

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2018 housing forecasts

Posted by   /  December 7, 2017  /  Real Estate  /  No Comments

Housing

Calculated Risk Towards the end of each year I collect some housing forecasts for the following year.  This is an update (I’ll gather several more). First a review of the previous five years … Here is a summary of forecasts for 2017. It is early (just nine months), but in 2017, new home sales will probably […]

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2018 Z’expectations for housing: Same as it ever was

Posted by   /  December 6, 2017  /  Real Estate  /  No Comments

Zillow panel of housing experts and economists sees dynamics carrying forward into next year, with the exception of interest rate rises. And that might be good. By John McManus | Builder If you knew right now that the year ahead would be as good as this year, would you take that news as a positive? Especially […]

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The great American single-family home problem

Posted by   /  December 1, 2017  /  Real Estate  /  No Comments

Building more housing, more densely, could help address a widespread economic challenge. A fight over one lot in Berkeley, Calif., shows how tough that could be. By Conor Dougherty | The New York Times The house at 1310 Haskell Street does not look worthy of a bitter neighborhood war. The roof is rotting, the paint […]

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Where people are likely to move

Posted by   /  December 1, 2017  /  Real Estate  /  No Comments

Attom Data Solutions forecast foretells increased sales activity  Check out heat-map results for Arizona Builder ATTOM Data Solutions Thursday released its Q3 2017 Pre-Mover Housing Index, which shows that the markets with the highest pre-mover indices during the third quarter — predictive of strong sales activity in the fourth quarter — were Colorado Springs, Colorado; Manchester-Nashua, New Hampshire; Chicago, Illinois; […]

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Housing starts bounce back strongly

Posted by   /  November 17, 2017  /  Real Estate  /  No Comments

Activity for single-family homes in the South were at the highest level in a decade, rising 16.6% from September By Laura Kusisto and Sarah Chaney | The Wall Street Journal  U.S. housing starts rose last month to the highest level in a year, a sign that builders are getting back on track after hurricanes lashed the southeast and […]

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