The number of new homes built in November was stronger than the previous month and even stronger than last year. What's fueling the strong demand for new housing and what does the future look like?
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Archive | Home Sales
Number of New Homes Increase for a Strong Year
by Clayton Closson on December 20, 2005 in Home Sales
October Proves Strong for Housing Sales
by Clayton Closson on November 29, 2005 in Home Sales
Single-family home sales jumped significantly in October. The housing market is continually being driven by a favorable rate environment and strong consumer confidence. What does this mean for the coming year?
Employment, Consumer Confidence Continue to Drive Housing
by Clayton Closson on November 28, 2005 in Home Sales
Though total existing home sales dip, that's no sign of the housing market weakening. Consumer confidence and strong employment keep driving housing performance.
Drop in Housing Starts No Indication of Market Softening
by Clayton Closson on November 17, 2005 in Home Sales
Even though mortgage rates are still historically low and the economy is still strong, the number of housing starts for October 2005 dropped by more than 5% from the previous month. But does this mean the housing bubble will burst?
As Economy Grows, Home Purchase Applications Remain Strong
by Clayton Closson on November 10, 2005 in Home Sales
The economy continues to grow with the number of jobs being created. This is good news for the housing market. But what are people with adjustable rate mortgages doing and why?
Lower Energy Prices, Employment Help Boost Home Sales
by Clayton Closson on November 2, 2005 in Home Sales
Energy prices have dropped and the employment outlook is good. Both are fueling strong home sales. But the Fed has raised interest rates again, leading more people to refinance from an adjustable rate to a fixed rate.
Low Rates, Employment Fuel Housing Demand
by Clayton Closson on October 27, 2005 in Home Sales
At a time when short-term rates are rising as a consequence of the Federal Reserve raising interest rates, how is the demand for housing staying strong?
Despite Rises in Short-Term Rates, Housing Remains Strong
by Clayton Closson on October 25, 2005 in Home Sales
The number of home sales remained the same from September. What's driving the market to stay strong?
Go Ahead, Show It Off!
by Clayton Closson on September 30, 2005 in Home Sales
Ok, you've decided to move and you're ready to sell your house. Here are some tips on the do's and don'ts of how to show your house.
New Home Sales Drop in August
by Clayton Closson on September 27, 2005 in Home Sales
New home sales dropped in August from the revised rate in July. Find out how the economy is affecting this rate.
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