Posts with tag new construction

A rise in new home construction is usually a good indicator that a housing market is humming along. Not surprisingly, new construction has suffered during the housing crisis. But David Schepp of our sister site, DailyFinance.com, reports that construction jobs are making a comeback this year. Few industries have been... Continue Reading »

A court decision in Florida recently exonerated homebuilders who'd used Chinese drywall, since they were not within the distribution chain. But they are not completely off the hook. While builders won't be held to rules of "strict liability" for homes impacted by allegedly toxic Chinese drywall, this ruling is not a... Continue Reading »

With the available inventory of homes in today's market, you might want to take a look at "new construction", which is a new property being offered by a home builder. Wondering if one of these is right for you? Here are some pros and cons you should consider. Continue Reading »

Only two regions of the country showed any sign of a real estate recovery in July and August -- Cleveland and St. Louis. Otherwise, activity in residential real estate markets declined further, according to the Federal Reserve's Beige Book released Sept. 8. In most areas of the country, inventories of available homes rose,... Continue Reading »

What happens when there is bad housing news that nobody hears? Is it like the proverbial tree falling in the forest? Does it mean the bad news won't have a negative effect? New construction of homes dropped by 10 percent in May from the previous month, to a seasonally adjusted 593,000, according to new figures released by... Continue Reading »