Washington, DC Real Estate
The new construction housing market continues to make gains. Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide. The report marks the fifth month of six that single-family starts increased, and marks the highest starts tally since April 2010 -- the last month of that year's federal homebuyer tax credit program. A "housing start" is a new home on which … [Read more...]
The market for newly-built homes remains strong. As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. A "new home" is a home that can be considered new construction. July's New Home Sales report highlights what today's buyers of new construction and the nation's home builders have witnessed for themselves already -- that the market for newly-built homes is improving in DC and nationwide. The number of new homes … [Read more...]
Home builder confidence rises again. For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 -- an increase of more than 100% from one year ago and the highest HMI value since February 2007. The Housing Market Index is an indicator of homebuilder confidence and when it reads 50 or better, the HMI suggests favorable conditions for home builders. Readings below 50 suggest unfavorable conditions for builders. Despite the recent rise in home … [Read more...]
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Dominic Morrocco of M Squared Real Estate makes the Annual Inman 100 Roundup
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M Squared Welcomes Claire Angela Welsh
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Simple, Inexpensive Ways To Prep Your Home For Sale
More Bullish Data : Housing Starts Climb 3.6%
Federal Reserve : New Economic Stimulus May Be Warranted
Bank Repossessions Slip For 24th Consecutive Month
When It Pays To Refinance Your Mortgage -- Literally
