Builders begin work on fewer US Homes

Sep 21, 2011 Comments Off by

Builders began work on fewer U.S. homes than forecast in August, showing the industry remains flat on its back even as mortgage rates fall to record lows. Housing starts dropped 5 percent to a three-month low 571,000 annual rate, Commerce Department figures showed today in Washington.  Building permits, a proxy for future construction, unexpectedly climbed……………………………………….Full […]

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California Housing Market Sees August Boom

Sep 21, 2011 Comments Off by

Two years ago that California – along with Arizona and Florida – was the poster child for plummeting home prices. But a new study says that not only are more homes selling in the Golden State these days, but home values are actually climbing across the board. After a brief climb in June, home sales […]

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9 Signs of Hope fore the Housing Market

Sep 20, 2011 Comments Off

Sentiment among U.S. homebuilders declined in September even as Lennar Corp. said Monday it saw a slight pick up in demand last quarter. That’s a mixed to gloomy picture, at best. However, although high levels of foreclosures, unemployment and household debt are still hurting home prices, there are indications the worst of the downturn is […]

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Is the US Housing Market Attractive?

Sep 20, 2011 Comments Off

US housing, in my opinion, offers a great long-term opportunity. I know this probably sounds a bit crazy as most people think the US housing market is getting worse and has not begun to recover from its epic binge. It has taken this asset class a great deal of time to find any semblance of […]

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