Currently viewing the tag: "New Home Supply"

New Home Sales At 8-Month High

On January 28, 2011 By

The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

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Whether it is in the form of discounted prices, free upgrades, or closing cost credits, these homes are already priced well and just keep getting more attractive. Add in the lowest mortgage rates in history, home affordability may never be better.

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The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us.

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Housing continues to recover, but showed a weakness in last month — great news for home buyers taking advantage of the .

A “new home” is any home for which there [...]

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