http://www.hgtvpro.com The latest economic indicators for the home building industry. en-us Fri, 20 Nov 2009 22:29:49 GMT Fri, 20 Nov 2009 22:29:49 GMT http://blogs.law.harvard.edu/tech/rss 60 Fastfwd Rss_Export v1.0 http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023432,00.html Nationwide housing production fell 10.6 percent to a seasonally adjusted annual rate of 529,000 units in October as builders awaited word on whether an important home buyer incentive would be extended, according to data released today by the U.S. Commerce Department. Fri, 20 Nov 2009 22:14:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023432,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023433,00.html Nationwide housing affordability, bolstered by affordable interest rates and low house prices, hovered for the third consecutive quarter near its highest level since the series was first compiled 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today. Fri, 20 Nov 2009 22:20:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023433,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023082,00.html The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 6, 2009. The Market Composite Index, a measure of mortgage loan application volume, increased 3.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.8 percent compared with the previous week. Fri, 13 Nov 2009 19:51:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023082,00.html David Crowe, NAHB Chief Economist http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023025,00.html Recent housing data — including a rise in existing home sales and a decline in the new-home sales pace — demonstrate the stimulative power of the first-time home buyer tax credit. Mon, 09 Nov 2009 14:12:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023025,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023024,00.html After five consecutive months of increases, sales of newly built, single-family homes fell 3.6% in September to a seasonally adjusted annual rate of 402,000. Mon, 09 Nov 2009 14:07:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6023024,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022951,00.html After five consecutive months of increases, sales of newly built, single-family homes fell 3.6 percent to a seasonally adjusted annual rate of 402,000 units in September, according to data released by the U.S. Commerce Department. Mon, 02 Nov 2009 17:07:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022951,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022950,00.html Small builders who have seen credit availability slow to a trickle at their local community banks may have to wait a year or longer to see financing restored to more normal levels, according to an economist speaking at NAHB’s Fall Construction Forecast Conference. Mon, 02 Nov 2009 16:53:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022950,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022948,00.html The market share of the 10 largest public builders is expected to grow to as much as 30% during the next three to four years, but private smaller builders will have the advantage at the end of that period as Generation Y, a generation comparable in size to the baby boomers, enters the market in full force, according to industry analysts at NAHB's Fall Construction Forecast Conference in Washington, D.C. on Oct. 21. Mon, 02 Nov 2009 16:38:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022948,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022943,00.html It's a pretty safe guess that the U.S. economy is now on the road to recovery, according to economists participating in NAHB's Fall Construction Forecast Conference in Washington, D.C. on Oct. 21. But the end of the recession, they said, doesn't necessarily mean that troubles for the housing industry are over.< Mon, 02 Nov 2009 16:08:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022943,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022945,00.html Nationwide housing production remained virtually unchanged in September, edging up half of a percent to a seasonally adjusted annual rate of 590,000 units, according to U.S. Commerce Department figures released on Oct. 20. Meanwhile, issuance of new building permits, an indicator of future construction activity, fell by 1.2% to a seasonally adjusted 573,000 units. Mon, 02 Nov 2009 16:14:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022945,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022947,00.html While housing in some of the downturn's hardest-hit markets is now actually undervalued and nationwide housing affordability is about as good it has ever been, home prices haven't fully stabilized yet, according to economists focusing on the regional outlook at NAHB's Construction Forecasting Conference last week. Mon, 02 Nov 2009 16:21:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022947,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022863,00.html The year ahead looks increasingly positive for the active adult housing market, according to participants at an Oct. 7 Web seminar sponsored by the NAHB's 50+ Housing Council. But joblessness and tighter credit conditions still linger. Fri, 23 Oct 2009 22:11:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022863,00.html http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022864,00.html With the expiration date for the home buyer tax credit fast approaching, builder confidence in the market for newly built, single-family homes slipped one point to 18 in October, according to the latest NAHB/Wells Fargo Housing Market Index (HMI). Fri, 23 Oct 2009 22:15:00 GMT http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6022864,00.html