In an interview on Bloomberg Television last week, billionaire Warren Buffett said the country's unemployment rate will improve substantially once the home-building sector rebounds. Buffett said that people will be surprised how quickly employment improv
Sales of new homes beat expectations for May, but are still at historically low levels, according to the U.S. Census Bureau. May sales were at a seasonally adjusted annual rate of 319,000, 13.5 percent above May 2010's record low.
Washington, D.C., has seen home prices grow 220 percent over the last two decades, easily the top growth rate in the country since 1991, according to the Federal Housing Finance Agency’s House Price Index for the first quarter of the year. Even with th
Contrary to popular belief, consumers are in the market for their next home. But what they desire in a new home is much more than the lowest price and a great location, according to a survey of more than 10,000 potential home buyers by John Burns Real Es
Tried-and-true materials continue to dominate the home exteriors market, but veneer products are gaining in popularity, according to a survey of Professional Builder readers.
After three consecutive years of record-low construction levels, the vigor of the recovery in housing now hinges on a return of demand. The lingering consequences of the recession and financial crisis, however, are thwarting a broader recovery. That is j
After three consecutive years of record-low construction levels, the vigor of the recovery in housing now hinges on a return of demand, according to the State of the Nation’s Housing report released this morning by the Harvard University Joint Center f
