News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Links from: housingzone.com
Remodeling activity to remain soft through mid-2012
A sluggish economy and housing market will continue to hamper home improvement spending well into next year, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for ...
Housing starts slip 1.5% in July to 604,000 annually
Privately-owned housing starts in July were at a seasonally adjusted annual rate of 604,000, 1.5 percent below the revised June estimate of 613,000, but 9.8 percent above the July 2010 rate of 550,000, according to the U.S. Census Bureau.
How the housing market can save the U.S. economy
Just as the U.S. housing market was the main culprit of the economic downturn, it is key to the recovery, writes Money Morning contributing editor Shah Gilani. Gilani presents a compelling plan to fix the housing market.
Courts may decide housing market’s future
Courts all over the country are hearing cases about foreclosure challenges. The outcomes of the hundreds of lawsuits making their ways through the courts could ultimately determine the future of the housing market.
Home sales may have been over-counted since 2007
According to NAR, 4.9 million homes were sold in 2010, down from 5.2 million sales in 2009. CoreLogic, a real estate analytics firm, estimated that 3.3 million homes were sold in 2010, compared to 3.7 million in 2009, however.
Chew on this: Housing shortage?;
Housing Shortage, While there is no consensus among analysts, some see a drop coming that could stir construction.
Appraisal Nightmares
Current estimates show that sales prices of nearly one in 10 new-home sales are "adjusted" prior to closing because appraisals are falling short of contracted sale prices.
Faulty Appraisals Threaten Housing Recovery
The Home Valuation Code of Conduct, implemented right when the housing market began to see sustained improvement, has builders, Realtors and home buyers alike frustrated at the quality of appraisals and competency of appraisers.
5 Markets to Watch - 5/1/2008 - HousingZone.com
These five metro areas show signs of a quicker recovery and good long-term growth.
The king of the Sarasota flips-Bad Ethics
Everyone always wants to blame investors and speculators for driving real estate markets. Here's a case where a shady investor really did.
Report Renting Still Cheaper Than Owning
A new study from the Center for Economic and Policy Research (CEPR) examining housing costs shows that market rents are far below ownership costs in many parts of the nation.
Housing Starts and Permits Rise Sharply
U.S. Commerce Department reports that nationwide housing starts and permits have risen sharply in June. NAHB attributes gains to increased improved market conditions and approaching expiration of first-time home buyer credit.
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