Home Builders Keep Building New Houses, Latest Data Show. Why They Won’t Stop.

Text size

A sign is posted in front of new homes for sale at Hamilton Cottages in Novato, California.


Justin Sullivan/Getty Images

Single-family home construction remained strong in September, according to preliminary data released by the Census Bureau Tuesday—and there are indications building will continue into the fall.

Single-family housing starts rose to a seasonally adjusted annual rate of 1,108,000, an increase of 8.5% month over month and 22.3% year over year, while multifamily starts fell. Total starts rose to a rate of 1,415,000, up 11.1% year over year and about 2% above August’s revised figure of 1,388,000. The pace of single-family starts in September was the highest since the summer of 2007, National Association of Homebuilders chief economist
Robert Dietz
wrote in a blog post.

While single-family starts continued to rise, total starts for September came in below FactSet’s consensus estimate of 1,460,000. EISI homebuilding analyst Stephen Kim reminded

Read More

Two three-bedroom, three-bathroom historic houses in D.C.’s Anacostia list for under $300,000

To address affordability challenges for District residents, the D.C. Department of Housing and Community Development (DHCD) recently moved and rehabilitated two historic Anacostia houses from the Maple View Flats development on Martin Luther King Jr. Avenue SE, which includes more than 100 affordable apartments. Both single-family houses will be available to families who meet the affordable housing program requirements and enter a lottery by Nov. 16.

To enter, families must certify that they meet the income and household size limits for each house and submit an expression of interest and a preapproval letter from a lender at dhcd.dc.gov/myfairshot. After Nov. 16, five to seven households will be chosen by a lottery and can tour the homes and submit their documents and certification of their eligibility in order of their rank in the lottery.

The buyers will have 60 days to close after they submit their documents. The extra households will

Read More

Manchester Home Buying Company I Buy NH Houses Offering Solutions for Homeowners Looking to Sell Their Houses Fast

Press release content from Newswire. The AP news staff was not involved in its creation.

MANCHESTER, N.H. – October 17, 2020 – ( Newswire.com )

I Buy NH Houses are home buying experts. Whether the homeowner is currently facing foreclosure, burdensome inheritance, divorce settlements, or any other reason, I Buy Houses can help them get  cash for their house

To better service their clients, I Buy NH Houses offers an efficient and straightforward process. In just three easy steps, the homeowner will be able to sell a house fast to a reliable home buying company. 

Contact I Buy NH Houses with all the information pertaining to the property, after which they will take a look at the property. Within 24 hours, the homeowner will be contacted with a fair no-obligation, all-cash offer. Should they choose to accept, I Buy NH Houses will base the closing

Read More

We Just Buy Houses Helping Philadelphia Homeowners Sell Their Houses Fast

Press release content from Newswire. The AP news staff was not involved in its creation.

PHILADELPHIA – October 17, 2020 – ( Newswire.com )

Selling a house can be a lengthy, stressful, and costly process regardless of the circumstances. The team at We Just Buy Houses strives to make the selling process as easy as it can be. We Just Buy Houses helps homeowners  sell a house fast.

We Just Buy Houses team is made up of business partners Mark Irwin and Ken Buchholz. The two met during high school and shared a passion for construction and real estate. During the summers, they would work for Mark’s father’s construction company and during the winters with Ken’s aunt’s real estate brokerage, giving them a vast range of industry experience. 

Following their college education, their passion for real estate grew into a successful business partnership, and We

Read More

Hot Homes: 10 houses for sale in Charlotte with great kitchens

This real estate roundup is proudly presented by The Redbud Group, creating great experiences. Here’s one of their favorite listings this week:

  • 9015 Wildcat Trail: $1,175,000
  • Neighborhood: Davidson
  • Realtor: Jason McGory at The Redbud Group
  • Features: Stately exterior, on the River Run golf course, saltwater pool, great kitchen, generously sized rooms
  • Specs: 5 bed, 4.5 bath, 5,922 square feet

19015 Wildcat Trl

19015 Wildcat Trl kitchen


Anyone else spend a lot of time looking at kitchens on Pinterest? If so, this roundup is for you.

Here are 10 houses for sale in Charlotte with enviable kitchens.


Why we love it: This painted brick ranch has a charming exterior, and a stylish kitchen with soft-close shaker-style cabinets, quartz countertops, and modern lighting and accessories. 

  • Neighborhood: Oakhurst
  • Realtor: Lena Saleh at Lionheart Real Estate LLC
  • Specs: 3 bed, 2 bath, 1,045 square feet
  • Notable features: Charming exterior, hardwood floors, custom closets, stylish modern kitchen, updates throughout

 4140 Hiddenbrook Dr

4140 Hiddenbrook Dr kitchen


Why we love

Read More

Houses To Rent In Eire

Property tax can be the fairest and at the identical time the not so truthful tax collected by municipalities. Excessive web value people on the lookout for high yield returns in non-public actual property lending this follow is growing due the increasing variety of foreclosures on the market in areas such as Florida, Alabama, Mississippi, Louisiana, Southeast Texas and Virginia.

Native stores, cafes or libraries typically have notice boards where flyers might be pinned up. Native companies typically have employees looking to purchase so sellers ought to discover out if their local hospital, faculty or giant company has an accommodation officer or notice board to show flyers.

Hi all, I, like someof you have got had a nightmare with properties in Rochester which we introduced through Steve Garrott at Colossal, 1st agent was Invoice Dean from County Wide (never received a cent of him), second was Michelle Sweetland from Ricole … Read More

Houses, Condos, And Apartments

Determining the quick sale appraisal of property you will have under contract is one of the most essential elements of the quick sale business. Besides that it isn’t that completely different from different lease maintain landed properties and is usually priced competitively. Though the web has made a big impact on the true estate market probably the most effective instruments used to advertise a property for sale is among the oldest.

Typically even they go to an extent to buy real estates in wholesale. I truly know several people who do this, however I believe essentially the most fascinating is my cousin cares for a property in rural Australia, and they’re also renovating the home for the homeowners.

Sometimes the best deals can be had by working with owners; and if in case you have a buyer’s agent, the agent can make certain that you’re effectively informed and guarded even … Read More

‘Property Brothers’ Building Houses In Nashville

Selling your own home without utilizing a real property agent is just not tough but as many consumers as possible need to know that your property is for sale if the process is to be a success. Businesses of Real property brokers and brokers are also going up with this. Actual estate is considered as a superb funding device. The advisable thing to do is get an estimate of market value from multiple real estate agent. Sadly, I needed to say no and that only in the near past (after a glimmer of hope that one state would possibly abolish this abhorrent tax it was in fact voted that North Dakota maintain their property tax).

Now, she and her husband, on a fixed earnings, really feel they’re being pushed out of their home in Greenwood with this yr’s property-tax enhance of 22 %. Actual estate value had been going up … Read More

Actual Property, Property & Houses For Sale

Some homes or multi-family properties in actual estate can appear un-financeable. On the identical time, though, we have been paid for engaged on the farm, earned some additional revenue from promoting our own produce on the farmers market and a self-serve roadside stand, and obtained meat, milk and eggs from the farm. Actual Property takes guidance and an entire lot of persistence.

The broker charge measures what share of the sale worth of the property we will have to pay a dealer once we promote the property. If the property actually is a discount it’s gone with one of the first ten cellphone calls the seller makes. Sometimes merchants buy land and properties with legal disputes knowingly.

With Gauteng Consumer Worth Index (CPI) Inflation at 4.7% 12 months-on-yr for the 4th quarter of 2017, these low nominal house value development charges translate into home value declines in actual phrases (when … Read More

Houses And Flats For Sale

Perhaps it is the pioneer spirit in us that desires to purchase an acre or more of untamed land. Colossal and these firms do not tell you that these units will never be rented full time, they models are in low earnings (tough) neighbourhoods, tenants don’t pay, it’s a must to evict them which prices cash, you have got repairs almost each month, you will have Section eight (government inspections for people who are on low income and on authorities assistance) repairs nearly each 6 months, you will have metropolis taxes, county taxes, sewer bills, water payments, lawn cutting , snow removing, user charges, and many others.

The previous St Kevin’s Asylum, and over 14 acres of zoned land, has lastly been positioned available on the market for sale by the HSE, with a €2.ninety five million worth information via agents Lisney, who say it has clear residential growth potential.… Read More