This week it was announced that the last remaining piece of vacant land in McCormick Ranch was sold. The 6.5 acre piece, located adjacent to Ajo Al’s and Sentry Insurance at San Victor and 91st St, is slated for apartments to be built by Standard Pacific Homes. The irony here is that Mark Taylor Residential, […]
According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.
According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.
Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.
Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.
Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.
New construction housing is in a post-recession rally.
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