Author Archives

  • NAHB Member Joanne Theunissen Talks to CNBC About Green Appraisal Issues

    Builder Joanne Theaunissen of Michigan spoke to CNBC April 22 on the pitfalls many green builders and remodelers face when trying to their projects appraised properly. See the video below. Video – CNBC.

  • March Permits Is the Data to Watch

    Housing starts and permits rose in March to levels last seen in mid-2008.  Single family starts fell very slightly but the decline was concentrated completely in the Midwest and off of an unusually high February figure.  On a quarter-to-quarter basis, single family starts are up 9% in the US and from 4% to 22% across the regions. The most encouraging… Read More ›

  • Two Sides to Builder Sentiment Index

    The home builders sentiment index rose four points to a still relatively low 19 in April after languishing below that level for half a year.  The bump is due to sales and traffic seeking to qualify for the home buyer tax credits that expire at the end of this month.  Home buyers must have a signed sales contract by April… Read More ›

  • Pending Home Sales Better Than Expected

    The pending home sales index came out today and it picked up 8% in February, returning to a level last seen in the summer of 2009 when the previous version of the tax credit was in effect. The 2010 version of the credit has taken longer to show any buyer urgency but the rise does provide evidence that home buyers… Read More ›

  • This Week in Housing

    On Tuesday, we have existing home sales coming out from NAR at 10am EDT and FHFA’s price index.  On Wednesday, we have MBA’s weekly mortgage purchase applications index at 7am EDT and new home sales coming out at 10a.