Tag Archives: housing permits

Housing Construction at 13-Year High

Posted on January 18, 2020 by

The Mortgage Corner Wrightson.com U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion … Continue reading →

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New-Home Construction Soaring

Posted on February 17, 2018 by

Financial FAQs Construction of new homes in the U.S., known as housing starts, jumped almost 10 percent in January to an annual rate of 1.33 million. That’s the second highest level since the Great Recession and it easily exceeded the … Continue reading →

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Where Are the New Homes?

Posted on August 24, 2017 by

The Mortgage Corner There is a surging demand for new home that builders find hard to meet.  New-home sales fell in July to 571,000 units, though May and June totals were revised upward. That’s because the Census Bureau estimate comes … Continue reading →

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Single-Family Construction Exploding

Posted on March 16, 2017 by

Popular Economics Weekly Starts on new houses climbed 3 percent in February to the second-highest level since 2007, reflecting pent-up demand in a steadily growing economy that builders are aiming to address. And builder optimism continues to rise to new … Continue reading →

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Housing Sales, Prices Continue Skyward

Posted on October 26, 2016 by

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading →

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Builder Confidence Holds, But Household Formation Still Weak

Posted on April 19, 2016 by

The Mortgage Corner Builder confidence in the market for newly-built single-family homes remained unchanged in April at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Builders remain cautiously optimistic about construction growth … Continue reading →

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High Builder Confidence Signals More Affordable Housing In 2016

Posted on January 20, 2016 by

The Mortgage Corner Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above … Continue reading →

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