More Bullish Data : Housing Starts Climb 3.6%

Nov 23

More Bullish Data : Housing Starts Climb 3.6%

November 23, 2012 By Jessica Wilkie 1 Comment

According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units. A "housing start" is a new home on which construction has started and the report gives buyers and sellers across DC yet one more reason to be optimistic for the 2013 housing market. Regionally, Housing Starts varied. The West and Midwest Regions posted gains between … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Census Bureau, Existing Home Sales, Housing Starts, Midwest Region, National Association of Realtors, New Year, Northeast Region, Single-family detached home, United States Census Bureau, United States Department of Housing and Urban Development

Sep 20

Housing Starts Move To 2-Year High

September 20, 2012 By Justin Paulhamus Leave a Comment

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...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: August, Building Permits, Housing Market Index, Housing Starts, July, Midwest Region, National Association of Home Builders, Real estate economics, Single-family detached home, United States Census Bureau

Aug 21

Single-Family Housing Starts Remain Strong

August 21, 2012 By Justin Paulhamus Leave a Comment

The market for newly-built homes remains strong. As reported by the U.S. Census Bureau, July featured 502,000 single-family housing starts nationwide on a seasonally-adjusted, annualized basis, marking the fourth straight month during which single-family starts posted north of one-half million. The last time this milestone occurred was in the four months ending April 2010 -- the last month of that year's federal home buyer tax credit. A "housing start" is a home on which construction … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Census Bureau, Federal Housing Administration, Home Builders, Homebuilder Confidence, Housing Starts, National Association of Home Builders, real estate, Real estate pricing, Single-family detached home, United States Census Bureau

Apr 18

Single-Family Housing Starts Slip 0.2% In March

April 18, 2012 By Joshua Oliver 2 Comments

Tuesday, the government released its March 2012 New Residential Construction report. The report is made up of three sections, each related to a phase of the "new home" market. The report's first part is Building Permits; the second is Housing Starts; the third is Housing Completions. Of the three sections, it's Housing Starts that gets the most attention from the press -- mostly because, of the triad, it's the simplest for a layperson to understand. However, the manner in which Housing … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Building Permits, Census Bureau, Construction permit, Housing Starts, March, Single-family detached home, United States, United States Census Bureau, washington dc

Apr 17

Homebuilder Confidence Slips 3 Points In April

April 17, 2012 By Jessica Wilkie Leave a Comment

For the first time in 3 months, homebuilder confidence has slipped. As measured by the National Association of Homebuilders, the Housing Market Index dropped three notches in April to a reading of 25. The report measures homebuilder confidence in the newly-built, single-family housing market. When the Housing Market Index reads 50 or better, it reflects favorable market conditions. Readings below 50 reflect unfavorable conditions. According to the scale, not since April 2006 have … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: April, Buyer, HMI, Homebuilder Confidence, Housing Market Index, Mortgage loan, NAHB, National Association of Home Builder, Real estate economics, Single-family detached home, washington dc

Jan 20

Behind The Housing Starts Headlines, The Story That Matters

January 20, 2012 By Jessica Wilkie 3 Comments

When it comes to housing data, sometimes you have to look past the headlines. December's Housing Starts data offers a terrific illustration of why. Each month, the Census Bureau tallies Housing Starts for the month prior. A "housing start" is a home on which construction has started. The Housing Starts report is separated by property type. There is a count for single-family homes; a count for 2-4 unit homes; and a count for buildings of 5 units or more, a category including … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: December, Homebuilder Confidence, Housing Starts, MarketWatch, New Home Sales, Real estate pricing, Single-family detached home, United States Census Bureau, washington dc

Jan 19

Home Builders See More Sales, Higher Prices Ahead

January 19, 2012 By Joshua Oliver 8 Comments

Homebuilder confidence is soaring. For the fourth straight month, the National Association of Homebuilders reports an increase in its Housing Market Index. The index climbed 4 points to 25 this month -- its second four-point gain since October. With home sales activity increasing across all four regions, the monthly HMI has now nearly doubled in value since June 2011. The HMI is now at a 55-month high. The Housing Market Index itself is a composite reading; the result of three … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: HMI, home builder, Home construction, Housing Market Index, Mortgage loan, NAHB, National Association of Home Builders, National Association of Homebuilders, New Home Sales, Single-family detached home, washington dc

Dec 23

Housing Starts Show Strength In Housing

December 23, 2011 By Joshua Oliver 3 Comments

The new construction housing market continues to show strength across the country. According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November -- a 2 percent increase from October. A "Housing Start" is defined as breaking ground on new home construction. November's figures mark the third straight month of Single-Family Housing Starts gains. The new construction metric is now 15 percent above its … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Building Permits, Census Bureau, Construction permit, Housing Starts, Mortgage loan, New Home Construction, November, Point (mortgage), Real estate economics, Single-family detached home, Washington D.C.

Dec 20

Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume

December 20, 2011 By Jessica Wilkie Leave a Comment

Housing Market Index Washington DC November 2011

In another good sign for the housing market, today's home builders believe that the housing market has turned a corner. For the third straight month, the Housing Market Index -- a home builder confidence survey from the National Association of Homebuilders -- reported strong monthly gains. December's Housing Market Index climbed 2 points to 21 in December after a downward revision to last month's results. The index is now up seven points since September 2011, and sits at a 19-month … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Buyer, December, HMI, Home Builders, Homebuilder Confidence, Housing Market Index, NAHB, National Association of Homebuilders, November, Real estate economics, Single-family detached home

Nov 17

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

November 17, 2011 By Justin Paulhamus 8 Comments

Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It's the second straight month that the HMI posted a 3-point gain, catapulting the index to an 18-month. The Housing Market Index is monthly report from the National Association of Homebuilders. It's meant to measure confidence among the nation's homebuilders, scored on a scale of 1-100. When homebuilder … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: HMI, Home Builders, Housing Market Index, Mortgage loan, NAHB, National Association of Homebuilders, Single-family detached home, washington dc