Tagged : housing permits

Found 3 blog entries tagged as "housing permits".

money.cnn.com - It's official: After years of little activity, homebuilders are dusting off their jackhammers.

Last year housing permits hit their highest level since 2008, according to the Census Bureau, and new-home sales grew 20% from the prior year.

An untouched abode offers advantages, of course, such as a sleek modern layout and few repairs. Buying an existing home, however, may allow you to seal the deal faster and can offer better short-term price appreciation.

To read more of this article, click the link below:

967 Views, 0 Comments


NEW YORK (CNNMoney) -- A recovery in new home construction appears to be underway, with significant increases in both housing starts and building permits last month, according to the Census Bureau.

Housing starts rose 6.9% in June to a 760,000 annual rate, the highest level in four years. That's up an impressive 23.6% compared with a year earlier. Permits to build new homes fell slightly from revised May numbers to 755,000, but were up 19.3% compared with June 2011.

To read more on this article, click the link below:

636 Views, 0 Comments

realtytimes.com -The latest list from the National Association of Home Builders/First American Improving Markets Index (IMI) includes 84 metro areas for the month of July. The list, compiled of areas measuring sustained improvement for the last size months in housing permits, employment and house prices has been steadily growing this year.

"The geographic diversity and growing number of metros on the latest IMI help spotlight the improvements we have begun to see in terms of home prices and job market conditions across certain parts of this country, which in turn are spurring more demand for new homes," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.

To read more on this article, click the link below:

532 Views, 0 Comments