Though we're more than a month into 2014, there are some 2013 tax credits you may still be qualified to take on your taxes when you start preparing for last year. If you replaced a furnace, air conditioning unit, or water heater, you may be eligible to get tax credits on your 2013 taxes you'll […]
Home Builder Confidence Up In October
According to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for October, builder confidence in the market for newly built, single-family homes rose three points to 16. This was the first improvement registered by the HMI in five months, and returns the index to a level last seen in June of this […]
Housing Construction Rises in July
A weak housing market received a tiny boost from apartment construction last month. But the overall outlook remained dim as applications for building permits fell to the lowest level in 14 months. Construction of new homes and apartments rose 1.7 percent last month, according to the Commerce Department. Driving the increase was a 32.6 percent […]
New Home Sales Plunge 33 Percent With Tax Credits Gone
New Home Sales Plunge 33 Percent With Tax Credits Gone Sales of new homes collapsed last month, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer get government incentives. The Commerce Department says new home sales fell in May from a month earlier […]
Housing Index At Highest Level Since ‘07
Housing Index At Highest Level Since ‘07 U.S. homebuilders are growing more optimistic about their fortunes, with many expecting improved sales and customer traffic in coming months despite the end of homebuyer tax incentives. The government incentives helped to boost home sales this spring as many buyers raced to purchase a home in time to […]
New Cause for Confidence in the Real Estate Market
New Cause for Confidence in the Real Estate Market The US real estate market appears to be improving, at least according to one leading indicator. The April survey by Real Estate Confidence Index (RECI) suggests both improved market conditions and more optimism among real estate brokers and agents. The RECI, just released by Point2 Technologies, […]