The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.
Continue Reading →Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
Continue Reading →Housing starts moved higher according to the Commerce Department. September’s single-family housing starts increased to 452,000 units in September, a 19,000 improvement over August.
Continue Reading →In Chicago, our housing market isn’t influenced by those big builders as much as it is by the differences between neighborhoods. For data like that, no one has better access that your real estate agent.
Continue Reading →The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
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Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.
According to the newspapers, Housing [...]
Continue Reading →Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
Continue Reading →A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.
Continue Reading →“Housing Starts” are privately-owned homes on which construction has started. It is a very important measurement because it forecasts the supply of new homes in the future.
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