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Tag Archives: builders

Maryland builders groups merge into one association

Two former Maryland home building trade associations have merged to form the Maryland Building Industry Association. The merger between the Home Builders Association of Maryland and the Maryland-National Capital Building Industry Association will be formally approved by the National Association ...

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Realities of Real Estate: Right said Fed (access required)

Over the past couple of columns, we’ve been reviewing the impact of rising mortgage rates, as well as the impetus for those rate increases. We recently explained how the Federal Reserve, led by Chairman Ben Bernanke, triggered a jump in mortgage rates by suggesting that the Feds might begin to tighten up on their easy money policies.

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Construction spending up 0.6 percent in July

WASHINGTON — Spending on U.S. construction projects rose in July, led by strong gains in housing and nonresidential projects. Construction spending increased 0.6 percent in July compared with June when activity was unchanged, the Commerce Department reported Tuesday. The June ...

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Homebuilder confidence, sales outlook soar

U.S. homebuilders are feeling more optimistic about their home sales prospects than they have in more than seven years, a trend that suggests home construction will accelerate in coming months. The National Association of Home Builders/Wells Fargo builder sentiment index ...

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Pending home sales reach 3-year high in March

WASHINGTON — The number of Americans who signed contracts to buy homes rose in March to the highest level in three years, pointing to higher sales this spring. The National Association of Realtors said Monday that its seasonally adjusted index ...

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Builder confidence falls on weak supply, labor

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders’ outlook for sales ...

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