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Builder Confidence hits highest level since 2007

  • Featured image for Housing Shortage in the Cards?
    May 18

    Housing Shortage in the Cards?

    Underproduction in the past three years may lead to a housing shortage in future years. By Lawrence Yun | June 2010 In the current market, the idea of a housing shortage may be hard to accept. There are simply too many For Sale signs and delinquent mortgages threatening to turn into foreclosures to make a housing...

  • Featured image for New Home Sales Jump in March
    May 18

    New Home Sales Jump in March

    Sales of new homes rose 27 percent in March compared to February, the U.S. Commerce Department announced Friday. It was the largest monthly increase since April 1963, when sales jumped 31.2 percent. In addition, the National Association of REALTORS® reported last week that sales of previously owned homes rose 6.8 percent. Economists attribute the figures...