Author Archives: trevorspear

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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3 Ways to Save Time & Post Great Content on Facebook

It takes just a few hours every week to keep your Facebook page full of fresh content. Learn how to market your small business without wasting your time. According to the Pew Research Center, 68% of all U.S. adults use … Continue reading

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HOUSING STARTS UP 3% IN FEBRUARY

Housing starts were up 3% to a seasonally adjusted annual rate of 1,288,000 in February, 6.2% ahead of the pace of the same month last year, the Commerce Department reported Thursday. Single-family housing starts surged 6.5% to a rate of … 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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Why The Housing Market Is Ready To Boom

    In the run-up to the financial crisis, the number of homes built within the US surged to over 2 million and it has taken some time for this ‘overbuild’ to work its way out of the system. According … Continue reading

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US home builder confidence hits highest level since 2005

US homebuilders’ confidence soared this month to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday jumped seven points to … 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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Wholesale inventories fell 0.4 percent in October while sales surged

  U.S. wholesale inventories fell 0.4 percent October amid a surge in sales, supporting views that inventory investment would provide a modest boost to economic growth in the fourth quarter. READ MORE

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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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