Continue reading... New homes sales fall in December and make 2011 worst year on record

1. New home sales drop again in July; 2011 new home sales continue on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
2. New home sales drop in June; 2011 new home sales on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
3. New home sales tick up in September but still on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...

The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Unfortunately, nothing dramatic happened, and 2011 has ended with only 428,600 new home starts setting a new record low and significantly below the prior all-time low of 445,200 starts in 2009.

The

Continue reading... New Home Starts in 2011 Set All-Time Record Low

1. New home construction starts off 2011 with a ‘fizzle’ The U.S. Census Bureau and US Department of Housing...
2. New Home Construction On Pace For Record Low in 2011 In 1959 the census bureau first started keeping track...
3. New home construction in November inches up;  Curent pace slightly ahead of record-low The last couple of months I have said that,...

The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, the actual numbers this year will still most likely be a record low, but at least the rate of new home starts for November has now inched above the

Continue reading... New home construction in November inches up;  Curent pace slightly ahead of record-low

1. New home construction continues at record low pace for the year Last month I talked about how in 1959 the...
2. New Home Construction On Pace For Record Low in 2011 In 1959 the census bureau first started keeping track...
3. New home permits and construction increase in October; Still at record low pace for year The last couple of months I have said that,...

Continue reading... New home sales tick up slightly in October;   still on track for worst year ever

1. New home sales tick up in September but still on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
2. New home sales drop in June; 2011 new home sales on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
3. New home sales drop again in July; 2011 new home sales continue on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...

The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, unfortunately, even though the report for October shows an increase of 3.9 percent in housing starts, the seasonally adjusted annual rate is still at just 430,000 homes and

Continue reading... New home permits and construction increase in October; Still at record low pace for year

1. New home construction continues at record low pace for the year Last month I talked about how in 1959 the...
2. New Home Construction On Pace For Record Low in 2011 In 1959 the census bureau first started keeping track...
3. New home permits and starts increase in May; New home shortage coming? The U.S. Census Bureau and US Department of Housing...

Continue reading... New home sales tick up in September but still on track to be worst year ever

1. New home sales drop again in July; 2011 new home sales continue on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
2. New home sales drop in June; 2011 new home sales on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
3. New home sales drops in August and remains on track to finish year at record low Today, the U.S. Department of Housing and Urban Development and...

One of my favorite companies that produce a home price index and monitor the market is RadarLogic and their RPX Composite Price Index. They

Continue reading... New home construction increases slightly; still on pace for record-low year

1. New home construction continues at record low pace for the year Last month I talked about how in 1959 the...
2. New Home Construction On Pace For Record Low in 2011 In 1959 the census bureau first started keeping track...
3. New home construction increases in May; outpacing new home sales by 60 percent The U.S. Census Bureau and US Department of Housing...

Continue reading... New home sales drops in August and remains on track to finish year at record low

1. New home sales drop in June; 2011 new home sales on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
2. New home sales drop again in July; 2011 new home sales continue on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
3. New home sales decline in May; Up over 15 percent from year before Today, the U.S. Department of Housing and Urban Development and...

Last month I talked about how in 1959 the census bureau first started keeping track of new home construction activity and reported that there were 1.5 million new homes started that year and that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, unfortunately, the report for

Continue reading... New home construction continues at record low pace for the year

1. New Home Construction On Pace For Record Low in 2011 In 1959 the census bureau first started keeping track...
2. New home construction sinks to 25 year low The U.S. Census Bureau and US Department of Housing...
3. New Home Construction Declines in April; No Recovery in Site for Builders The U.S. Census Bureau and US Department of Housing...

Continue reading... Ohio Homebuilder Sentenced to 22 Years in Prison for Tax Fraud, Bank Fraud, Money Laundering and Obstruction of Justice Schemes

1. Former Colonial Bank Senior Vice President Sentenced to 8 Years in Prison for Fraud Scheme WASHINGTON – A former senior vice president and head of...
2. Businessmen, Loan Officer, and Title Company Attorney Indicted for Wire Fraud and Money Laundering in a Multi-Million-Dollar Mortgage Fraud Scheme HOUSTON—Two Houston businessmen, a mortgage company loan officer, and a...
3. Real Estate Agent Sentenced to Federal Prison for Defrauding Bank in Short Sale Mortgage Fraud Scheme David B. Fein, United States Attorney for the District...