https://www.youtube.com/watch?v=5tUtK6h659U
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U.S. home sales increased 11.4% in June compared to the same time last year, leaving buyers with the lowest supply of homes for sale on record, according to Redfin. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/34497-trending-thursday-how-strong-is-housings-foundation-how-weak-is-the-cfpbs-database
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Shared by Karen V. Poe, taken by Lauren Sanna SheWolf, Abbey Library Waldsassen, Bavaria- GERMANY
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The housing market index, unchanged in July at 60, is signaling substantial strength for the new home market. This is the strongest reading since November 2005, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Thursday.
Last month’s reading was revised up one point, moving from 59 to 60, which was the highest reading since September 2014. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/34498-homebuilder-confidence-hits-highest-level-in-a-decade
------------------------------------------“As house prices continue to recover, mortgage applications for the purchase of newly constructed homes increased slightly in June. Application activity in June was slightly higher compared to the past two years, leading us to estimate that new homes sales increased 8% from May on a seasonally adjusted annual basis,” said Lynn Fisher, MBA’s Vice President of Research and Economics.
The average loan size of new homes increased from $320,744 in May to $321,678 in June. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/34495-new-home-purchase-applications-climbed-1-in-june
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Shared by James Harrison, taken by Tim Durkan, Space Needle in Seattle.
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Building permits in June 2015 were at a seasonally adjusted annual rate (SAAR) of 1,343,000, up 7.4 percent from the revised May rate and up 30 percent from June 2014.
Housing starts in June 2015 were at a SAAR of 1,174,000, up 9.8 percent from May and up 26.6 percent from June 2014. -- Department of Commerce
------------------------------------------New-home construction climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. -- Bloomberg News http://www.nationalmortgagenews.com/news/origination/housing-starts-climb-on-apartment-surge-1056288-1.html
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Shared and taken by Luis Armando Oryarzun, Interior Casa Rosada. Buenos Aires. Argentina.
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Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,174,000, up 9.8% (±19.9%) above the revised May estimate of 1,069,000 and is 26.6% (±19.6%) above the June 2014 rate of 927,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
Most of the gains in starts and permits were in multifamily, not single-family contruction.
But the problem is single-family housing starts in June were at a rate of 685,000, 0.9% (±11.5%) below the revised May figure of 691,000. The June rate for units in buildings with five units or more was 476,000. -- HousingWire http://www.housingwire.com/articles/34508-single-family-housing-starts-down-in-june
------------------------------------------Shared by Amazing Places to See, taken by ROBERTO E. CROIZAY, Miami, Florida USA.
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Nat'l Real Estate Post:
MLO's: Help Real Estate Agents stay safe and get some PR in the bargain.
http://thenationalrealestatepost.com/how-to-literally-save-realtors-lives/
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