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New residential construction spending advanced a strong 2.8% on a seasonally adjusted (SA) basis after falling 0.8% in February. Single-family construction spending jumped 3.8% following a 1.3% drop in February. Multifamily construction spending was down 1.8% after advancing 1.7% in […]
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, […]
The housing market took a step back in February, but remains near post-recession highs. According to data from the National Association of REALTORS®, February’s Pending Home Sales Index slipped 0.5 percent from the month prior, to 96.5. The Pending Home […]
The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking the highest building permit tally since […]
Do you and your family want to build a new home but think your only options are rural housing? Well…. we have 100% financing in ALL of UTAH!!
Home builders broke ground on new homes at a faster pace in January, exceeding expectations and raising hopes that 2012 will mark a turnaround in the embattled housing sector. Builder home starts in January were at an annual pace of […]
New Home Sales slowed into the New Year but the market for newly-built homes remains strong. For home buyers in Utah and nationwide, December’s New Home Sales report is yet one more signal that the housing market recovery may be […]
Some homebuyers will take nothing less than a new home with an untouched bathtub. Others want a home with character in an established neighborhood. Personal preferences aside, there are pros and cons to buying a newly built home over a […]