News

Mortgage Activity Climbs with Rates Low

Source: United Press International
Date: May 26, 2010
The Mortgage Bankers Association said its Market Composite Index rose 11.3 percent while the Refinancing Index rose 17 percent on a seasonally adjusted basis in the week.
Categories: Industry News

First-timers, Boomers seen as key in housing recovery

By: Alan J. Heavens
Source: The Philadelphia Inquirer
Date: May 25, 2010
Although the situation is open to interpretation as well as change, there are growing concerns that the effects of this economic downturn could have a long-lasting effect on the housing market
Categories: Industry News

Federal Reserve sees slightly better 2010 economy

By: Martin Crutsinger
Source: Associated Press/AP Online
Date: May 19, 2010
Federal Reserve officials have a slightly brighter view of the economy than they did at the start of the year.
Categories: Industry News

Builder Confidence Jumps in May

By: Teresa Burney
Source: BIG BUILDER Magazine
Date: May 17, 2010
U.S. home builders might not be singing "Happy Days are Here Again," but they seem to be humming a few bars of "I Whistle a Happy Tune."
Categories: Industry News

Foreclosures down 2 percent from last year

By: Alan Zibel
Source: Associated Press/AP Online
Date: May 13, 2010
Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding.
Categories: Industry News

Two Economists Project Improving Housing Market but Timing Uncertain

By: Lucien Salvant
Source: National Association of Realtors
Date: May 13, 2010
Two top housing economists forecast some encouraging but tempered predictions for the housing market over the next few years during an economic session at the National Association of Realtors(R) Midyear Legislative Meetings & Expo today.

Inflation tame in 2009, but consumers are squeezed

By: MARTIN CRUTSINGER
Source: Associated Press/AP Online
Date: January 15, 2010
WASHINGTON - Consumer inflation was tame in 2009, with prices rising 2.7 percent. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.
Categories: Industry News

Lacker: recovery must be rooted before rate hikes

By: JEANNINE AVERSA
Source: Associated Press/AP Online
Date: January 15, 2010
WASHINGTON - Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, says the economic recovery needs to be firmly rooted before the central bank reverses course and begins to raise interest rates.
Categories: Industry News

Feature: Big Challenges, Creative Solutions

By: BIG BUILDER Staff
Source: BIG BUILDER Magazine
Date: January 15, 2010
All-star home building executives answer the question of how to create value in today's market. The year that was 2009 could be summed up in a word: transformative. America's home building leaders stood at the crux of the most complex economic, business, and social issues of our time.
Categories: Industry News

Charting the market: November slow, but still better

By: Chris Sicks
Source: The Washington Times
Date: December 18, 2009
As expected, sales of existing homes fell in November. Last month's sales were down by more than 2,000 homes compared to October.
Categories: Industry News

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