Look for new-home prices to jump dramatically in the coming months, as homebuilders face a shortage of suitable lots. A real estate firm found that the average price of a "finished lot" suitable for building increased 87 percent in San Francisco and Oakland over the past year.
Tag Archive: homebuilders
Recent news of interest to homebuyers, home sellers, and the home-curious includes a reminder from Freddie Mac that interest rates are expected to remain near their 60-year historical lows -- at least through the end of 2013. Also, sales of existing homes reached their highest levels in nearly four years, while builders scrambled to catch up with demand.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that a shortage of homes has held back sales for a second straight month. Also, Fannie Mae says the housing industry will help spur U.S. economic growth throughout 2013.
Recent news of interest to homebuyers, home sellers, and the home-curious includes word from Fannie Mae that not all buyers need a 20 percent down payment to get a home loan, forecasts for a strong spring homebuying season, and a survey that found that nearly 90 percent of Americans dream of owning a home.
Recent news of interest to homebuyers, home sellers, and the home-curious includes several reports dissecting the past year in real estate: Home sales were dramatically higher by several measures, and prices, too. Also, foreclosures in California fell 38 percent in 2012. Meanwhile, a look at 2011 predictions for the coming year in real estate shows that experts don't know everything.
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