Tag Archives: New Construction

Why It’s Critically Important To Have A Home Inspection

Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash. Even if a home […]

Posted in General Information | Also tagged , , , | Leave a comment

New Home Search Options

Good News! Our website overhaul has finally been completed and now we offer even more search options. Try our new Map Search at www.EveryHomeInIdaho.com.

Posted in General Information, Listings | Also tagged , , , | Leave a comment

Home Builders Hold Great Confidence For New Homes Over Next 6 Months

The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44. The Housing Market Index (HMI) measures home builder confidence in market conditions for newly built single family homes. A reading […]

Posted in New Construction | Also tagged , | Leave a comment

Homebuilder Confidence Rises To 5-Year High

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 […]

Posted in General Information, Home Price Index, New Construction | Also tagged , , , , | Leave a comment

New Home Sales Rise For 7th Month Out Of 8

The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, annualized 343,000 units sold — its second-highest reading since April 2010. April 2010 […]

Posted in Existing Home Sales, General Information, New Construction | Also tagged , , | Leave a comment

Existing Home Sales Climb 3.4 Percent In April

Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice. According to the National Association of REALTORS®, Existing Home Sales rose 3.4% in April from the month prior, registering 4.62 million homes sold on a seasonally-adjusted, annualized basis. An “existing home” is a home that’s been previously occupied. […]

Posted in Existing Home Sales, New Construction | Also tagged , , , | Leave a comment

New Home Sales Revised Higher In February; Slip 7% In March

Sales of new homes ticked lower in March, unexpectedly. Based on Census Bureau data, the number of new, single-family homes sold in March slipped 7 percent from February — the largest one-month drop in more than a year. On a seasonally-adjusted, annualized basis, buyers in Idaho and nationwide purchased 328,000 newly-built homes last month. The […]

Posted in Existing Home Sales | Also tagged , , , | Leave a comment

Single-Family Housing Starts Slip 0.2% In March

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 […]

Posted in New Construction | Also tagged , , , | Leave a comment

Home prices close to bottoming, to rise in 2013

WASHINGTON (Reuters) – The relentless decline in home prices is nearing an end and prices should rise for the first time in seven years in 2013, but a possible new wave of foreclosures could threaten the recovery, according a Reuters poll of economists. The median forecast of 24 economists polled by Reuters was for the […]

Posted in Existing Home Sales, General Information | Also tagged , , , , , | Leave a comment

Building Permits are on the Rise

The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking the highest building permit tally since April 2010 — the last month of that year’s federal home buyer tax credit program. […]

Posted in New Construction | Also tagged , , | Leave a comment