Tag Archives: Nahb

Foreclosure-Related Homes Still Driving Sales

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading

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What Tops Home Buyers’ Wish List Now

Perhaps the most surprising finding of the NAHB survey is not what we want in our homes, but where we want our homes to be. Just 8 percent of those surveyed want to live in a city center, 36 percent … Continue reading

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Why Home Builders Won’t Drop New Home Prices

Right now the divide between new and existing home prices is wider than ever. The average price of an existing home in December was $231,400, according to the National Association of Realtors, while the U.S. Commerce Department reported the average … Continue reading

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After Eight Months, Home Builder Confidence Stalls

Current sales conditions remained unchanged, sales expectations over the next six months fell one point, and buyer traffic gained one point. Regionally, home builders were less confident in the Northeast and Midwest, but gained confidence in the South and particularly … Continue reading

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Builders Bump Up Thanks to Drop in Existing Home Supply

Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading

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Housing Still Precarious in Obama’s Second Term

The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading

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What Today’s Jobs Report Says About the Housing Market

Any jump in jobs is good for housing, and October’s gain of 171,000 is no different. One of the biggest barriers to entry for potential home buyers, new and move-up, has been uncertainty in employment. So this positive report can … Continue reading

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Credit Clips Homebuilder Confidence

After a summer of significant monthly jumps in confidence among the nation’s home builders, fall appears to be bringing in a chill. Builder sentiment edged up just one point in October, according to an industry association index, but credit issues … Continue reading

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Home Builders Bullish for Fifth Straight Month

The nation’s once-beleaguered home builders are more confident than they have been in six years. A surge in new orders for homes, especially among the big public builders, pushed builder sentiment on an industry survey up three points to the … Continue reading

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Homebuilders Most Confident in More Than 5 Years

Homebuilders today are feeling more confident than they have in more than five years. Recent earnings reports from the big public builders have shown spikes in new orders for single family homes, and competition from foreclosures has eased as banks … Continue reading

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