Tag Archives: New Home Sales

Homebuying FAQs: Do I Need an Inspection on a New Home? by Jennifer Prestwich REALTOR®

June 8, 2012

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Now that the Real Estate market is showing more and more signs of life, new home builders are once again ramping up their activity.  Some buyers will prefer to buy a brand-new home so that they can pick their finishes, and customize it to their liking before they ever move in.  Plus, some buyers like […]

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Belle Creek Homes for Sale – Sold Prices in Belle Creek by Jennifer Prestwich

December 9, 2011

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Sold prices for Belle Creek homes are increasing. It has been a few years since Belle Creek residents have seen a marked increase in home prices.  The time frame between October 1, 2010 and December 1, 2010 saw 5 closed home sales, which was the same number of homes sold in Belle Creek from October […]

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Home Builder Confidence Falls Again; Home Buyers Gain Leverage?

August 17, 2010

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After reaching a 3-year high just 90 days ago, the National Association of Homebuilders’ Housing Market Index is now at a multi-year low after falling by almost half.

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Falling Consumer Confidence Helps Drag Mortgage Rates Lower. For Now.

July 29, 2010

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For the second consecutive month, U.S. consumer confidence is plunging. July’s official reading is its lowest since July of last year and the figures run in stark contrast to just two months ago, when the index touched a multi-year high.

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New Homes Sales Gain in June, But Gains Are Relative

July 27, 2010

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June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.

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Housing Starts Ease 0.7 Percent In June — 7x Better Than The Headline Data

July 22, 2010

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Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide.

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Sagging Homebuilder Confidence Opens The Door For Good Deals

July 21, 2010

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Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.

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25 Cities In Which To Get A Bang For Your Homebuying Buck

July 19, 2010

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CNNMoney.com recently ran a piece titled “Where Homes Are Affordable”, listing 25 communities around the U.S. in which median incomes are relatively high and median homes are relatively low. It’s a housing market “bank for your buck” list.

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