Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD ...
Tags: Construction, New-Home Sale
Oil prices went up Thursday as unrest in Egypt bolstered concerns that oil supplies from Middle East may be disrupted. The Middle East accounted for 35 percent of global oil output, according to the International Energy Agency. Egypt ...
Tags: Oil, Metallurgy, Mineral, Energy
The Southern California Remodelers Council is conducting a course on Business Management for Building Professionals, October 29 at the Pasadena Convention Center, 300 E. Green Street, Pasadena CA from 9:00 AM - 5:00 PM. The course has ...
Tags: Construction, Decoration
Builder confidence in the market for newly built, single-family homes rose three points to 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released recently. This fourth consecutive monthly ...
Tags: Construction, Decoration, Builder
Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index ...
Tags: Construction, housing
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index (IMI) for August, released recently. While this is ...
Tags: Construction, Decoration
Members of the Building Systems Council (BSC) of the National Association of Home Builders (NAHB) are celebrating National Building Systems Week, which runs Aug. 4 - 10, by offering model home tours, demonstrations and much more. This ...
Tags: Building Systems, Construction, Decoration
Rising mortgage rates are showing no sign of derailing new-home sales. Single-family new-home sales rose 8.3 percent in June to the highest level since May 2008, the Commerce Department reported Wednesday. What's more, they were up 38.1 ...
Tags: Construction
Congratulations, youâEUR(TM)ve decided to take a big step towards building your dream home! Before jumping in to the sometimes complicated process of building, looking for the best house builder to make your ideas become reality is ...
Tags: House Builders
If you are in the market for a new home, youâEUR(TM)ll want to shop as carefully for your homebuilder as you did for your home. It doesnâEUR(TM)t matter whether youâEUR(TM)re going to build a condo, home, or townhouse; ...
Tags: Construction, Decoration, Service
Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the National Association of Home Builders (NAHB) and the National Lumber and ...
Nationwide housing starts rose 6.8 percent to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production on the multifamily side, according to newly released data from HUD and the U.S. Census Bureau. ...
Stego Industries announced Monday the re-launch of its web site, stegoindustries.com. The newly-redesigned site showcases Stego's dominant line of concrete vapor barriers and retarders along with its growing list of installation ...
When shopping for kitchen appliances you'll see a dizzying array of choices, from basic models to ones loaded with features. But your countertops might outlast your appliances by years, maybe decades, making this decision one you'll live ...
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released ...
Tags: Builder Confidence, June