All Aboard? Pending Home Sales Increase

Could we be near a bottom?  If pending home sales, homes that are under contract, is any indication we may be.  The most recent home sales data from December show an increase in pending sales of 6.3%.  This gain took economists by surprise as the consensus was a decrease of .5%. Many attribute this increase [...]

First Home Buyer Poll

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Housing Economic Stats

For the hardcore housing stat junkie.  The NAHB Housing Economics website gives up to date information on: • Housing Starts • Building Permits • New Sales • Existing Sales • Mortgage Rates • Home Prices • Annual Building Permits numbers by Metro Areas (1980-2005) • Annual Employment numbers by Metro Areas (1990-2006) • Annual Housing [...]

Top Five Reasons Why Now Is the Best Time to Build a New Home

If you’ve been thinking of building a new home, today’s housing environment offers many reasons why now is the best time ever to do so.  Simple “supply and demand” market forces make today one of the best times to build. Land Availability – The land rush is over, with demand normalizing prices are dropping and [...]

More evidence that now is the BEST time to build a home.

As a follow up to Top Five Reasons Why Now Is the Best Time To Build A New Home the Wall Street Journal has written an article of the current state of the home building and remodeling business. The Upside to the Downturn

07′ – A Year of Stabilization For The Building Industry

As stated in ”Top Reasons To Build Today” the housing industry is going through a correction phase.  2007 will be a year of normalization for the building industry with 2008 showing signs of growth.  Here’s a great article from NAHB broken down by region ”2007 Will Be A Year Of Transition For Most State Housing Markets”.

Latest Construction Spending Data Shows Continued Slowdown

Slowing to a snail’s pace, construction spending continues to fall.  This fact will have some effects on the overall economy at some point. “Spending on private construction was at a seasonally adjusted annual rate of $863.2 billion, 1.4 percent below the revised September estimate of $875.2 billion. Residential construction was at a seasonally adjusted annual [...]

Only 24% of Californians Can Afford Entry Level Housing

A recent study by the California Association of Realtors shows that only 24% of Californians have enough income to qualify for a typical entry-level home at $482,910. What do these numbers tell us? Simply, prices will have to drop before builders and home sellers will be able to move the standing inventory. With lending standards [...]

Now Is The Time To Build

Home Building Costs are low.  Builders are on the sidelines looking for new avenues of revenue.  Dust off your plans, now is the time to build. Home Construction Capital wrote Top Five Reasons Why Now Is the Best Time To Build A New Home a few months ago, but may have been premature in calling [...]

Let Mother Nature Heat Your Water

Hot2o’s polymer-based roof solar system heats 50% of a typical households water. Costing less than $500 and qualifies for the federal solar energy tax credit (EPACT).  Hot2o’s Solar Domestic Hot Water System.

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