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Learn more about Communie, the ins and outs of buying, owning a home, and of course saving you money!
The real estate market has picked up in many parts of the country. Although many buyers are shopping, the inventory is still on the low side in many areas. No one knows how long this may last. However, Home Builders, small and large, are buying up land, drawing plans and breaking ground on new homes.
Some housing experts are concerned that the housing recovery seems to be stalling. Some are blaming the increase in mortgage interest rates since the first quarter of last year. Others are pointing at an economy that is improving but only at a snail’s pace. Still, others are questioning whether homeownership is even considered by some to still be part of the American Dream.
At the HUB, we concentrate on the trends that impact the housing market. Here are what we believe were the biggest stories of 2012. Housing Was a Tailwind not a Headwind to the National Economy Over the last several years, […]
Single-family housing starts took a small step back in November. According to the monthly Housing Starts report from the U.S. Department of Commerce, single-family housing starts tallied 565,000 in November 2012 on a seasonally-adjusted, annualized basis. This marks a 4 […]
Things are looking up, up, up in housing. The S&P/Case–Shiller U.S. National Home Price Index says property values in the year ended in September rose by the most since July 2010; housing affordability is at an all-time high, household formation and homebuilder […]