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NAHB: Builder Sentiment Surges in August

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July’s Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not. . . . → Read More: NAHB: Builder Sentiment Surges in August

NAHB: Builder Confidence in Market Conditions Dips in July

According to the National Association of Home Builders, July builder sentiment dipped to an index reading of 64 as compared to June’s revised reading of 66, the original reading was 67. Analysts expected the reading for July to increase to 68. Builders cited increasing lumber prices as a concern affecting builders’ outlook on housing market conditions for new single-family homes. Any reading over 50 for the NAHB Housing Market Index indicates that more builders than fewer are positive about housing market conditions, but July’s reading was the lowest in eight months. NAHB said that home builder confidence in market condition “remains strong.” . . . → Read More: NAHB: Builder Confidence in Market Conditions Dips in July

Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

According to the Case-Shiller National Home Price Index, February home prices grew at their fastest pace in three years. While home prices have steadily grown in recent months, growth rates slowed in many areas month-to-month; the escalation of home prices from January to February indicates stronger housing markets. National home prices increased by 0.20 percent in February to a seasonally-adjusted annual rate of 5.80 percent appreciation. . . . → Read More: Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

Home Builder Index Dips in January

January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions. . . . → Read More: Home Builder Index Dips in January

S&P Case-Shiller: Home Prices Gain in August

Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements. . . . → Read More: S&P Case-Shiller: Home Prices Gain in August

Four Ways To Ensure Your House Sells Quickly And For Top Dollar

Selling a house in the current market can be tricky, but there are certain mistakes an owner can make that will cause a home to sit still without a decent offer and cause the listing to go stale. In order to prevent that from happening, make sure you are not making one of the following mistakes when putting your property on the market. . . . → Read More: Four Ways To Ensure Your House Sells Quickly And For Top Dollar

3 Ways Clean Floors Help Sell Your Home Faster

Have you ever walked into a home for sale and looked down to see stained carpet or scratched and worn flooring? If so, you would probably agree that it doesn’t leave a positive first impression. . . . → Read More: 3 Ways Clean Floors Help Sell Your Home Faster

5 Power Saving Ideas That Can Lower Your Energy Bill

Whether you are energy conscious or just trying to save money, there are many steps you can take to lower your home bills while helping the environment at the same time. . . . → Read More: 5 Power Saving Ideas That Can Lower Your Energy Bill

Reasons To Attend Your Own Home Inspection

When you commission a home inspection, you should be present for it. Here are 3 reasons why. . . . → Read More: Reasons To Attend Your Own Home Inspection

Existing Homes For Sale At Lowest Point In 11 Years

Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. . . . → Read More: Existing Homes For Sale At Lowest Point In 11 Years