Builder Confidence Healthy in July

Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one. “Consumer demand for single-family homes is holding strong this summer, buoyed by steady job growth, income gains […]

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Bluehammer is real estate’s latest repair and renovation pricing tool

Bluehammer is a home maintenance and renovation pricing tool for consumers and real estate agents.

Home Prices Relax Ahead of Spring

The brakes are on growing home prices, with appreciation at 6.7 percent—the lowest rate since November 2016, according to the January Zillow® Real Estate Market Report. Appreciation hit 7.6 percent in May 2017 but tempered through the year. The deceleration could give homebuyers hope this spring, says Aaron Terrazas, senior economist at Zillow. “Home values […]

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Home-Building in 2017: The Winners

Ahead of the buying season, inventory issues are showing no signs of subsiding. According to the National Association of REALTORS® (NAR), existing inventory is at a 3.4-months supply, dismally down 9.5 percent from last year. New inventory is at 5.7 months, the Census reports. Although builders are confident and ground-breaking looks promising, the deficiencies persist. […]

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Builder Confidence Going Strong

Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under a spike in December. An above-50 reading indicates more builders have a positive outlook than […]

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Listing Inventory Takes Critical Hit

Listing inventory is taking a critical hit, with 9 percent fewer for-sale homes on the market now than one year ago, a slump not seen in four years, according to the May Zillow® Real Estate Market Reports. The Columbus, Ohio, San Jose, Calif., and Minneapolis, Minn., markets have seen the steepest declines, at around 30 […]

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Community spotlight: Sugar Land

Comprised largely of master-planned communities, Sugar Land is an affluent Houston submarket that is now considered one of Texas’ fastest growing cities …

Chicago homebuilder to actively construct townhomes on infill sites

One Chicago homebuilder has shifted its focus to constructing for-sale townhomes on infill sites.

This spring, Lexington Homes will break ground on three communities that will each feature 20 or more townhomes …

5 tips for selling new construction in Houston

Houston home inventory is increasing slightly, but still remains lower than many other metropolitan markets. With fewer homes currently on the market, new construction in Houston is a more popular option for interested buyers …

LA metros’ new home construction, remodeling industries closer to recovery

New home permit activity was up by nearly 45 percent year-over-year in the Los Angeles-Long Beach-Anaheim metro during the second quarter …