Construction authorizations for single-family homes continue falling

BuildFax, Asheville, North Carolina. 251 likes 2 talking about this. The best and ONLY source for property condition data.

Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to 60 in November on the National Association of Home Builders/Wells Fargo housing market index (hmi). Despite the sharp drop, builder sentiment still remains in positive territory.

"While demand for single-family homes remains sound, builders continue to report rising development and construction costs, with some additional concerns over trade issues," NAHB Chairman Greg.

Housing starts dropped 0.9% to a seasonally adjusted annual rate of 1.269 million units last month amid a drop in the.

Drop in housing starts shows industry may weigh on growth DoubleLine to make its own brand of mortgage-backed securities story out in MSM reporting that DoubleLine is making "its own brand" of mortgage-backed securities is not true. Wouldn’t be bad, but untrue. – jeffrey gundlach (@truthgundlach) december 21.housing starts in metro Atlanta declined in the fourth quarter of 2018 – the first time that’s happened since the Great Recession – but it’s because bad weather and a shortage of lots, not.

We hope that you continue to enjoy our free content.. The weakness in May was widespread with spending on single-family homes and apartments down 0.6% while nonresidential construction fell 0.9.

Single-family home construction especially has shown appreciable gains as demand increases and families find it more attractive and more feasible to own their homes. Industry sources suggest that the growth in single-family home construction in 2013 will continue into 2014 and beyond.

Housing prices along the Wasatch Front continued to rise through late summer and kept the pace of home sales either flat or falling in many areas, according to the latest data from the Salt Lake.

Manhattan home sales tumble as buyers push back  · NEW YORK (CNNMoney) — Taking advantage of a weak U.S. dollar and a beaten down housing market, foreign buyers helped push Manhattan home prices slightly higher in.

. construction starts are expected to fall in 2016, single-family construction will continue to chug along, according to CMD Group. Houston is expected to end the year with $8.1 billion worth of new.

A major price decline is unlikely, but don't expect to make easy. This update shows that housing will continue to soften, though not. building just the right amount of new housing, single family homes plus apartment units.. Print; Site Feedback · Tips · Corrections · Reprints & Permissions · Terms · Privacy.

Real estate investors have identified a strong duality within the industry. U.S. real estate has the potential to be one of the most valuable assets on the.

Construction authorizations for single-family homes continue falling. steady interest rates could lift the housing market going forward, but for now there is an ongoing slump in single-family home construction authorizations along with maintenance and remodeling activity, according to BuildFax.

Essent posts higher net income at year’s midpoint MI Helping Home Buyers Become Homeowners For many people, saving 20% for a down payment can be the most significant barrier to buying a home. Private mortgage insurance (MI) can help borrowers obtain a mortgage with a smaller down payment.