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U.S. housing starts approach 11-year high, permits weak – Housing completions increased 1.9 percent to a rate of 1.291 million units, the highest level since January 2008. The number of single-family houses completed last month was the most since March 2008..
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California Home Sales Drop 15% YOY, Marking Slowest January Since 2008 – An estimated 24,674 new and existing houses and condos sold statewide in January 2019, the lowest sales tally for a January since 2008. January 2019 sales fell 20.4 percent from December 2018 and.
Florida is spending $200 million on affordable housing next year, most of it in Panhandle – The Florida Legislature is assigning $200 million to affordable housing programs next year, doubling what the state spent last year but short of what gov. ron desantis wanted. Most of the money – $115.
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U.S. single-family housing starts highest since early 2008 – WASHINGTON (Reuters) – Groundbreaking for U.S. single-family homes raced to the highest level in more than 6-1/2 years in December and permits surged, in a hopeful sign for the sluggish housing market.
Strong Week For REITs As Jobs Data Keeps Fed In Play – Coming off their worst week of 2019, the broad-based reit etfs (vnq and IYR) rallied more than 2.5% led by the defensively-oriented manufactured housing. job growth since January 1985..
Subprime mortgage crisis – Wikipedia – The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities.
2014 Housing Starts Hit Highest Level Since 2007 – single-family homes dropped by just one point to a level of 57 in January, measured by the latest National Association of Home Builders/ Wells Fargo Housing Market Index released Tuesday. A reading of.
As housing costs remain high, parents buy homes to give their kids a leg up – Parents who are lucky enough to have the resources to help their children may consider buying real estate a win-win investment, because home values generally go up over time (with the notable.