What’s Making Home Builders Feel Like It’s 2005?

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Builders Feel Like It’s 2005
“The fact that builder confidence has returned to levels not seen since 2005 shows that housing continues to improve at a steady pace,” according to a new index measuring builder sentiment.

Fewer Foreclosures May Bring Bigger Deals
As foreclosure timelines swell, some banks are asking whether foreclosed homes that have sat vacant for years need to be sold at a sizable discount.

Mortgage Rates Set New High for the Year
The average rate on the 30-year fixed-rate mortgage increased to 4.09 percent this week, the highest level since October of last year.

Owners to Focus on Home Improvement
Recent home equity gains are prompting more home owners to spruce up their homes.

Calif. Drought to Lessen Lawns for New Homes
New homes in California are facing a changing landscape. California lawmakers this week approved new rules that will limit yard turf to about 25 percent of the landscape in new homes.

Green Commercial Building Continues to Grow
A new survey reveals that Minneapolis/St. Paul, San Francisco, and Chicago are the three greenest cities in commercial real estate.

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