new home construction

Why the Heck Would You Invest in Finished Lots in This Market?

by Mark Saunders | November 12, 2010

Opportunity, perhaps. Some call it a decade of lost ownership and others call it the biggest housing bust since the great depression – investors call it big time opportunity. Finished lots are less costly than developing new: Over the course of the last couple years, investors have been buying finished lots on the cheap as [...]

4 comments Read the full article →

Housing

Housing Market Summary

by Ryan Hinricher | June 28, 2010

Last week offered real estate market news that many of us wish we never heard. The overall sentiment being bearish and offering us a glimpse of what a post-tax credit real estate market looks like. In this article you’ll start seeing emerging trends in New Home Sales, Existing Home Sales, Mortgage Purchase Applications, positive news [...]

0 comments Read the full article →

Economy

NAR Chief Economist Comments on Housing

by Ryan Hinricher | March 8, 2010

Realtor Magazine recently interviewed NAR Chief Economist, Lawrence Yun. Lawrence gave a glimpse into the recent decline in Pending Homes Sales, impact of weather on the real estate market, new home sales, and the ending of Mortgage Backed Security purchases by the Fed. Here’s a recap of the interview. On Pending Home Sales January’s Pending [...]

6 comments Read the full article →

Housing

Housing Shortage Looms

by Ryan Hinricher | March 1, 2010

Last week’s new home sales data for January produced a new seasonal adjusted annual rate (SAAR) at a record low of 309,000 units. This is a big drop from December’s 348,000 sales (SAAR). Although builders’ confidence is improving, the numbers have yet to show a turnaround in new construction. While this is accelerating the natural [...]

3 comments Read the full article →

Housing

Real Estate Economist Sees Opportunity Until 2014

by Ryan Hinricher | February 15, 2010

This week I was listening to a conference call with real estate economist Mark Boud of Real Estate Economics. He was offering insight to where the market is today and what we can expect in 2010 and beyond. I’ve put together some highlights of his findings and data. New home construction will be lower in [...]

6 comments Read the full article →

Commentary

Builders’ Confidence Drops Like An Elevator With A Snapped Cable; “Crisis” May Hand Obama A Golden Opportunity

by Charles Feldman | November 19, 2008

Just when you think things can’t worse…get any lower….they get worse and they get lower. A new study out, reported by CNNMoney, shows that the confidence level of homebuilders has gone down to yet another record low for November. The figures come, by the way, from the National Association of Home Builders/Wells Fargo housing market [...]

2 comments Read the full article →