Tag: <span>housing market</span>

MarketWatch Report: New-home construction activity soars to highest level in over a decade

The U.S. Census Bureau recently reported home builders nationwide started construction on homes at a seasonally-adjusted annual rate of 1.67 million in December 2020, representing a 5.8 percent increase from the previous month’s figure. Permitting for new homes occurred at a seasonally-adjusted annual rate of 1.71 million, up 4.5 percent from November, according to a […]

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National Association of Home Builders Housing Index sees record increase in builder confidence

The latest National Association of Home Builders/Wells Fargo Housing Market Index, released Monday, Oct. 19, shows builder confidence in the market for newly-built single-family homes increased two points to 85 in October, surpassing the previous all-time high of 83 recorded in September. According to the report, this is the first time that for two consecutive […]

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Sable Homes’ Karin Kay Sought by Fox17 on West Michigan’s Suburban Millennial Housing Boom

Karin Kay, sales manager at Sable Homes, talked with Fox17 about the suburban millennial housing boom in Grand Rapids during a live video conference interview on Saturday, June 6. Data from the National Association of Home Builders shows sales of newly built, single-family homes rose 0.6 percent nationwide in April 2020, and National Association of […]

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How the coronavirus outbreak in the U.S. is impacting the local and national housing market

Recent fears over the coronavirus outbreak in the U.S. has now begun to impact the country’s economic climate. At the end of February, coronavirus concerns sparked the most dramatic stock market sell-off since the 2008 financial crisis, according to NPR. Stocks rallied back on Monday, March 2, on expectations that the Federal Reserve would cut […]

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