Theresa Springer’s Blog

Housing Starts Increase From 2012

New home starts in the United States increased year-over-year to 10.4% according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development. In June 2013, housing starts dropped an estimated 9.9%. Experts have suggested that the extreme wet weather in many parts of the nation may have played a ... MORE

Housing Starts Jump 6.8%

Private residence home starts increased 6.8% averaging 914,000 last month. Housing starts overall have been growing year-over-year, jumping 28.6% from last May according to the U.S. Department of Housing and Urban Development and the  U.S Census Bureau. Housing permits and completions have also grown from last year. Analysts at Econoday said, “housing appears to still ... MORE

Housing Starts Reach Highest Level In Nearly 5 Years

Housing starts increased from February to March by 7% according to the U.S Census Bureau, rising to an annual rate of 1.03 million units. Home completions also climbed 11% in March averaging approximately 800,000 units, 36.3% more than last year. Bob Walters, Quicken Loans chief economist said, “this morning’s housing starts report showed a 7% ... MORE

Multifamily Housing Demand Spikes

Multifamily housing construction is growing and helping the economy to strengthen in return. Over 2 million households are expected to move into multifamily housing units as the labor and economic markets rise. The construction industry has seen a hike in demand for rental unit construction and multifamily construction. According to the Census Bureau’s housing vacancy ... MORE

Markets Closed Last Week On A Positive Note

The housing market ended last week on a positive note according to Zacks, a leading investment research firm. Housing starts reached their highest point since June 2008, according to the U.S. Census Bureau and the Department of Housing and Urban Development. The U.S Department of Labor reported that initial claims have decreased to their lowest ... MORE

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