Category Archives: Home Building

METROINTELLIGENCE ECONOMIC

Pending home sales in March maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity, according to the National Association of Realtors®. Only the South saw an uptick in contract … Continue reading

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Trump’s Tax Proposal Means For The Housing Market

Last week the White House released what it is calling a “first draft” of President Donald Trump’s promised tax-cut plan. The outline, which fits on a single page, largely adheres to pledges Trump made on the campaign trail, as well … Continue reading

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Building Trades Warranty Report

Unlike most other industries, in the new home construction business, the builders have lower warranty expense rates than many of their suppliers. But the makers of appliances and heating/cooling systems are now cutting their costs and narrowing the gap between … Continue reading

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FANNIE HPSI REACHES ALL-TIME HIGH

The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased by 5.6 percentage points in February to 88.3, a new all-time high, the Government Sponsored Enterprise said Tuesday. Five of the six components that comprise the HPSI were up, and three … Continue reading

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Consumer sentiment surges to 98 in early December based on surprise Presidential election

Consumer confidence surged in early December to 98.0, or just one-tenth of an Index point below the 2015 peak-which was the highest level since the start of 2004. The surge was largely due to consumers’ initial reactions to Trump’s surprise … Continue reading

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Raleigh Wake HBA Installation

Platinum Sponsor PHWS is honored to be a sponsor at the Installation and Hall of Fame, next Thursday night at the North Carolina Museum of Art.

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Buyers may be about to flood the biggest part of the housing market

New homebuyers may be about to flood the US market for existing homes to lock in the lowest mortgage rates they can. In the past two weeks — since Donald Trump was elected president — mortgage rates jumped alongside other … Continue reading

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Wade Jurney Has No Plans to Slow Down

Deal with Century Communities is a good match, WJH CEO says. By Brian Croce WJH is selling a model of this home in Charlotte starting at $184,000.   As Wade Jurney Jr. continued to grow his company, Greensboro, N.C.–based Wade … Continue reading

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NCHBECF Hurricane Matthew Disaster Relief Fund Established

The North Carolina Home Builders Educational & Charitable Foundation’s (NCHBECF) Board of Trustees on Friday approved the establishment of the Hurricane Matthew Disaster Relief Fund to raise money to benefit NCHBA members and their families affected by the storm, which … Continue reading

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Delivering expanded perspective on housing economies and property markets.

Distressed Sales Update: June 2016 Distressed Sales Accounted for 8 Percent of Homes Sold Nationally in June 2016 Molly Boesel    |    Housing Trends Of total sales in June 2016, distressed sales accounted for 7.8 percent and real estate-owned (REO) sales accounted for … Continue reading

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