WASHINGTON (MarketWatch) — Families buying new homes can expect prices to continue to rise, as builders say there’s a low supply of developed lots and that properties suitable for new housing have become more expensive. Builders will pass along 100% …
Read More »
With the improved economy, new homes are getting bigger again. The average size of newly built single-family homes increased during the first quarter of this year, according to the National Association of Home Builders. Using first-quarter census numbers on home …
Read More »
The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released earlier today by the Federal Housing Finance Agency (FHFA). The average contract interest rate declined a scant 2 basis points to 4.19 percent, while …
Read More »
Going green is good for the environment, but it can also be good for a homeowner’s wallet – and that’s the aspect of eco-friendly improvements that seems most appealing to homebuyers. More than 80 percent of buyers said they would …
Read More »
Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Derived from a monthly …
Read More »
Computer technology has changed the way consumers shop for everything from shoes to homes. Thanks to easy access to online data, 90 percent of homebuyers surveyed by the National Association of Realtors in 2012 said the Internet was their top …
Read More »
A growing number of home buyers are bringing an unusual tactic to the negotiating table: an all-cash offer. Cash purchases traditionally make up about a quarter of home sales, but they’ve soared to about 40 percent nationwide, according to the research …
Read More »
According to Daily Real Estate news, luxury home sales, particularly sales of the priciest 1 percent of homes, are surging. Sales of the most expensive homes in many local markets are up 21.1 percent this year, after a 35.7 percent …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
