Tag: new construction

New Construction Starts Highest Since October 2008

Housing starts rose to 699,000 in January 2012 which is the highest level since October 2008. Prior to the announcement, Econoday was predicting 657,000 – 675,000 housing starts for January. This is a great sign for the real estate market showing builders are regaining confidence. In fact, homebuilder confidence in the single-family homes market increased for the …

by bmadmin

When it comes to housing, baby boomers are different from many people in two important ways: They have more equity in their homes, and many are preparing to move. If housing experts are right, boomers — the 77 million Americans ages 47 to 65 — soon may be a sweet spot in an otherwise sour …