Category Archives: Ping.fm

Where is the Housing Market Headed?

Sustained job growth, affordable home prices, low mortgage rates and a rebound in consumer, small business and builder confidence will help the housing market continue to show modest improvement and better production levels in the months ahead, according to NAHB … Continue reading

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Don’t sign up for an extended home warranty until you do your homework.

  Industry experts say there are certain steps to follow before purchasing a warranty. According to Angie’s List, home companies are the worst-graded category on the consumer-review site. Carmel homeowner Lindsay Ohmer said she got a warranty when she bought … Continue reading

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Shrimp prices going through roof, Boeing pressuring suppliers and more nuggets from the Beige Book

Real estate markets generally continued to improve, according to District reports. Although a few Districts indicated home sales or residential construction in some areas had slowed or declined in recent months, most cited increased residential sales activity and construction as … Continue reading

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SHUTDOWN SENSITIVE…

The federal government shut down last Tuesday after politicians were unable to agree on a budget by midnight Monday. This left investors sensitive to the melodrama coming out of Washington, sending stocks up and down. For the week, the Dow and … Continue reading

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More supply … now, more demand?

Calculated Risk’s Bill McBride looks week-to-week at inventory for-sale trends, and comments on where we stand vis a vis his view that the supply “bottom” happened earlier this year. Read More

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Different to Its Core Proto Homes’ concept house raises the bar for technology and design.

based prefab supplier Proto Homesrecently relocated to a new factory that can handle the increase in orders it has been receiving for a concept home that the company’s president, Frank Vafaee, believes could establish a new paradigm for a home’s design, … Continue reading

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Supply and Demand The NAHB encourages its members to forge good relationships with suppliers to ease material price volatility.

“Just when you thought it was safe to go back in the water” may be a cliche, but it’s also an apt description of the way many builders feel these days as they come to grips with the latest impediment … Continue reading

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Negative equity plummets in local markets The strengthening economy and housing market have boosted the value of high-end homes, which has translated to fewer homeowners who are underwater on their mortgages. The Wall Street Journal‘s Anya Martin reports. The WSJ is a paid-subscription … Continue reading

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Lumber prices drop 25% from recent peak Calculated Risk’s Bill McBride explores plausible reasons for the recent fall-off in lumber prices, conjecturing that some producers have expanded output and that demand from China has ebbed. Rea

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Lumber Price Plunge Puzzles Pundits

Don’t watch the news on lumber prices too closely: you might get whiplash and mood swings. Houston station KHOU had it one way on May 29: “Housing boom drives up lumber prices,” by Jeremy Desel. “”The supply chain can’t keep … Continue reading

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