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New home construction up 30% from last year

May 16, 2012
Housing starts, as they're called, were up 2.6 percent last month, and compared with last April, home construction was up almost 30 percent.
Posted In: Housing, construction, real estate

Housing construction down, housing permits are up

Apr 17, 2012
What's going on with the housing market? Susan Wachter, who teaches real estate at The Wharton School of the University of Pennsylvania, explains.
Posted In: Housing, construction

Good and bad signs for the U.S. housing market

Mar 28, 2012
It is one step forward, one step back for the housing market. The mortgage bankers association says this morning applications for home mortgages were up 3.3 percent last week but demand for refinancing dropped for the sixth straight week.
Posted In: Housing, construction, home

Nailing a comeback

Mar 21, 2012
Connecticut contractor Peter Schneider is surviving the recession thanks to his hard-won skills, hard-working attitude, and a little bit of luck.
Posted In: bethel, Connecticut, housing market, financial crisis, construction

New building permits hit highest level since 2008

Mar 20, 2012
The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized
Posted In: Housing, construction, census

Housing market gets good news

Feb 27, 2012
Home sales jumped 8% last month. Those numbers and better than expected quarterly sales in home improvement supplies could mean some long-awaited relief for the housing market.
Posted In: Housing, home sales, real estate, construction

Latino entrepreneur adapts to survive in Las Vegas

Feb 3, 2012
The Latino population in Las Vegas has increased dramatically over the last two decades. But Latino business ownership hasn't kept pace.
Posted In: Las Vegas, construction, Latino community

Retrofit buildings more eco-friendly than 'green' construction

Jan 24, 2012
A new study shows that re-using an old building almost always saves more energy than framing up a new one.
Posted In: construction, green building, green

Time to lock in mortgage rates?

Jan 5, 2012
I bought a condo in Bozeman, Mont., 7 years ago using a 5/1 ARM. When the 5-year period ended, I let it roll over into a 1-year ARM because the rate went down from 4.5 to 3.25. Then, last year, I did the same -- only from 3.25 to 3 percent. Come March, the 1-year period will expire again and I wonder if I should let this happen again, since rates will probably be low. Or should I bite the bullet, pay approximately $2,500 in closing costs to lock in a low rate for 15 or 30 years, but make higher payments? (My payments are ridiculously low.) Cindy, West Yellowstone, MT
Posted In: home, mortgage, refinance, construction

New-home sales tank in 2011

Dec 23, 2011
This year may go on record as the worst for new-home sales since anyone started keeping record.
Posted In: home sales, construction, interest rates

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