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Weather Wreaked Havoc on February Starts, Completions

by devteam March 17th, 2015

Housing starts and completions plummeted nationwide in February, but especially in the Northeast and Midwest where record cold and nearly constant snowstorms took a substantial toll. Nationwide, housing starts were down 17.0 percent from January's slightly

RealtyTrac Analysis points to Millennial-Friendly Markets

by devteam March 17th, 2015

It seems counterintuitive, but RealtyTrac said today that persons purchasing homes in the highest priced communities in the US last year made significantly higher down payments on a percentage basis than did those purchasing in the least expensive communities

Builder Confidence Continues Retreat from 2014 Levels

by devteam March 16th, 2015

Builder confidence in the market for newly built, single family homes has declined to its lowest level in nine months. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index fell two points to 53 in March, an HPI level last

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