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Posted by admin in Cailfornia New Homes, Federal Reserve, Federal Tax Credit, HMI, Home Sales, Mortgage Rates, NAHB, new homes, Real Estate, US Economy on 08 19th, 2009 | No Comments

New Home Construction UP for 5th Month i...

Aug. 19, 2009 Construction is up 37% since the lows of last winter, stablizing the housing industry. This is not close to the massive building of 2006, but “housing is no longer a drag, Thats a good thing” said Mark Vitner, a senior economist from Wells Fargo.  For each new home built, it...
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Posted by admin in Builder Sentiment, Cailfornia New Homes, Federal Reserve, Federal Tax Credit, HMI, Home Sales, Mortgage Rates, new homes, Real Estate, US Economy on 08 18th, 2009 | No Comments

Navigating a "W" recovery...

Several top economists have predicted a “W” shape recovery, well what is a “W” shaped recovery, and how do you navigate it? We have experienced the leg down…now we are navigating through our first “leg up” in the “W”. The leg up was facilitated by...
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Posted by admin in Builder Sentiment, Cailfornia New Homes, Federal Reserve, Federal Tax Credit, HMI, Home Sales, Mortgage Rates, NAHB, new homes, Real Estate, US Economy on 08 17th, 2009 | No Comments

You-Tube Video about Federal Tax Credit ...

$8000 Tax Credit on New Homes Question about the soon to expire Tax Credit for New Homes? Watch this quick video about the Federal Tax Credit Program.
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Posted by admin in Builder Sentiment, Cailfornia New Homes, Federal Reserve, Federal Tax Credit, HMI, Home Sales, Mortgage Rates, NAHB, new homes, Real Estate, US Economy on 08 17th, 2009 | No Comments

Home Builder Sentiment Rises in August...

Aug. 17, 2009- Home builder sentiment data released today, shows new homes builders are bullish about building. The sentiment level is the highest in over a year, jumping 4 points to 30. The highest since April 2008. One reason for the month over month higher readings is due in part to the Federal Tax...
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