Monthly Archives: March 2014

Home-builders’ confidence still shaky

The spring selling season is fast approaching, but home builders remain in a dour mood. A survey of builders on the prospect of single-family home sales remained basically flat, and a bit pessimistic, in March, same as the month before. … Continue reading

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Home Builders Remain Cautious About Housing Market

WASHINGTON—U.S. home builders remained cautious about the housing market in March, suggesting a driver of the recovery might be sputtering for reasons beyond the severe winter weather. Builder confidence in the market for single-family homes rose just one point from … Continue reading

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Could 2014 be the year the housing market really recovers?

Spring is upon the United States, at least according to the calendar, which means it’s time not just for crocuses and baseball but also for the housing market’s months of greatest activity. The story of US real estate this spring varies … Continue reading

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Recent Figures Show New Home Sales and Prices Rise in Raleigh

There was an increase in new home closings in the Raleigh, NC market in December year-over-year, but the percentage edged up less than November 2013, suggesting the market may be leveling out. There was a 10.3% boost in new home … Continue reading

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American Home Shield acquires HSA Home Warranty

MEMPHIS, TENN. — American Home Shield, the largest home warranty company in the nation, today announced the closing of its acquisition of HSA Home Warranty. Company officials announced in early November that a purchase agreement had been signed and were awaiting final regulatory … Continue reading

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NC economy to grow in 2014, UNC Charlotte economist predicts

Despite sluggish job growth in recent months, North Carolina’s unemployment rate is expected to keep falling throughout 2014 to below 6 percent, UNC Charlotte economist John Connaughton said Tuesday. In releasing his latest quarterly forecast for the state’s economy, Connaughton said … Continue reading

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N.C. construction experts to help launch state’s new Contractors College

The state’s Office for Small and Historically Underutilized Businesses is taking a more proactive approach in helping minority businesses win more work on state and local government construction jobs. Next week, the HUB office will launch its inaugural N.C. Contractors … Continue reading

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Plaintiffs Seeking $22 Million in Home Warranty Insurance Lawsuit

San Diego, CA: The thrust and intent behind home warranty insurance is to protect the parties involved from defects in workmanship and materials. New construction is usually accompanied by coverage warranting against defects from initial occupation until an agreed period of termination, at … Continue reading

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Land and Money: Finance Options Open Up

The awaited credit spigot has begun to flow. At least in select markets, lenders and investors now compete with one another to finance acquisition, development, and construction capital for home builders to buy lots, develop them, operate, and go vertical. … Continue reading

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Normal housing markets are like stars aligned.

Normal housing markets are like stars aligned. They’re hoped for, or wistfully looked back upon, but hardly ever present. Three such stars home builders need for new-home markets to function sanely are fundamental demand, building lots, and capital to put … Continue reading

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