Economy: Page 139
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More housing numbers: Purchase mortgages down a bit
In the mix of statistics about the U.S. housing market, the latest weekly report on mortgages shows lending for purchases was down.
By Ron Gallagher • July 25, 2012 -
Investors make a major market in foreclosed houses
RealtyTrac data showed a 65% jump from 2010 to last year in sales of homes as investment property.
By Ron Gallagher • July 25, 2012 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
The QM way is likely to be the only way for mortgages in near term
The head of the Consumer Financial Protection Bureau tells Congress that Qualified Mortgage is likely to the only way to do business.
By Ron Gallagher • July 25, 2012 -
Creativity in financing is often a necessity in green retrofits
In some cases, equity in buildings is not large enough to permit traditional borrowing for energy or other environmental renovations.
By Ron Gallagher • July 25, 2012 -
Home prices finally remember how to rise year-to-year
For the first time since 2007, quarterly home prices went up from one year to another.
By Ron Gallagher • July 24, 2012 -
Green building is just not chic in upscale Westchester County, N.Y.
Whether too expensive or unimportant to homeowners, LEED lags where it might be most affordable.
By Ron Gallagher • July 23, 2012 -
Detroit pickup-makers happy when home construction picks up
Ford, GM and Chrysler see increased pickup truck sales as construction increases, and those are very profitable vehicles.
By Ron Gallagher • July 23, 2012 -
Contractors may go from work famine to worker famine in the recovery
A survey of construction executives finds they expect worker and leadership shortages in upcoming years.
By Ron Gallagher • July 23, 2012 -
Rental equipment looks good to wary contractors after recession
Like companies reluctant to hire permanent workers after layoffs, contractors are comfortable with renting equipment.
By Ron Gallagher • July 23, 2012 -
Overall U.S. construction pace down 1% in June
Work for all kinds of construction stood at an annual pace of $446.1 billion, off a shade from May.
By Ron Gallagher • July 20, 2012 -
Mortgage rates on track, meaning down some more
The housing market's raw fuel – mortgage rates – keep getting lower.
By Ron Gallagher • July 20, 2012 -
Most Read Construction News of the Week: Worker concerns, iPad protection and Bryant Park
Catch up with the most popular Construction Dive reads of the past week. We have the five most read news posts to catch you up to speed.
By Brian Warmoth • July 19, 2012 -
Existing-home sales in June slow the pace, but remain well above 2011
The annual rate fell to 4.37 million last month, down from May, but prices rose and inventory still shrank.
By Ron Gallagher • July 19, 2012 -
FHA putting more underwater loans in the sales pool
The agency is readying 9,000 more delinquent loans for sale, more than a third of them in Chicago, Phoenix, Tampa, Fla., and Newark, N.J.,
By Ron Gallagher • July 19, 2012 -
June housing starts show builders are believers, rise 23.6% from 2011
The government's data show that housing starts in June hit an annual rate of 760,000, which is 6.9% above May's pace.
By Ron Gallagher • July 18, 2012 -
Builders' confidence up 6 points in July; best since March 2007
The monthly Housing Market Index index of how builders feel about conditions now and for the next six months was up nationwide.
By Ron Gallagher • July 17, 2012 -
Worker satisfaction matters more as home building recovers
As housing starts have been increasing, recruiting companies have been looking for employees – perhaps yours.
By Ron Gallagher • July 16, 2012 -
Blackstone bets on housing with Hovnanian land-banking deal
The investment company and the home builder are doing a deal in which Blackstone buys lots Hovnanian has identified.
By Ron Gallagher • July 16, 2012 -
Shiller: Housing has half of a 'lost decade' still to go
The guru of housing prices, Yale professor Robert Shiller, says he sees the U.S. markety with half of a "lost decade" still to go.
By Ron Gallagher • July 16, 2012 -
Confidence Index: Economists expected up, consumers said down
The monthly consumer confidence index from the University of Michigan for this month marked a 2012 low.
By Ron Gallagher • July 16, 2012 -
Former FDIC chair not so sure housing's back yet
Sheila Bair, who warned about mortgages the last time says she is only cautiously optimistic and another dip is possible.
By Ron Gallagher • July 16, 2012 -
Construction materials prices were down again in June
AGC suggested that public transportation projects get in gear quickly to take advantage of the bargains available.
By Ron Gallagher • July 13, 2012 -
Economy Watch: Weekly jobless claims come in lower than expected
First claims filed for the week ending July 7 were down, but economists laid that to unusual seasonal factors, bot the economy.
By Ron Gallagher • July 13, 2012 -
Most Read Construction News of the Week: Skanska, green building and the housing market
Catch up with the most popular construction industry reads of the last week. We compiled the five most read news posts to catch you up to speed.
By Brian Warmoth • July 12, 2012 -
Oregon law lets owners demand mediation before foreclosure
A law that took effect this week put Oregon among states in which homeowners can demand a face-to-face meeting with lenders who are foreclosing.
By Ron Gallagher • July 12, 2012
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