Economy: Page 94


  • Fannie Mae: Consumer optimism toward housing market stumbles

    Americans are pessimistic about their finances and the economy. But the survey did offer some good news regarding the number of people who would prefer to buy rather than rent.

    By Sharon O'Malley • Aug. 10, 2015
  • NAHB: Housing markets in 75 metros back to 'normal'

    The number of building permits lags behind the progress of home prices and local employment.

    By Sharon O'Malley • Aug. 7, 2015
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • Study: Student debt causes millennials to delay homeownership

    A survey from Bankrate and a new book from the University of Kansas revealed that taking out loans for college has a long-term impact on the borrowers’ life decisions.

    By Sharon O'Malley • Aug. 6, 2015
  • Floundering power sector cripples June construction spending growth

    The monthly number changed little since May, but year-over-year, spending reached near-record levels.

    By Sharon O'Malley • Aug. 4, 2015
  • Deep Dive

    The buyers are coming: 5 signs more applicants will qualify for mortgages

    Fitch Ratings predicts "a steady easing" of credit requirements will allow more loan applicants to become first-time homeowners — which means good news for builders trying to reach the coveted customers.

    By Sharon O'Malley • Aug. 4, 2015
  • Oil slump fails to dampen Texas real estate prices, sales

    Home values in the Lone Star State reached a record high in the second quarter. But will the effects of the struggling economy soon catch up to the market?

    By Sharon O'Malley • Aug. 4, 2015
  • ABC: Construction unemployment dips below 10% in all 50 states

    But as contractors continue to struggle to fill jobs, they are creating fewer of them, the association reported.

    By Sharon O'Malley • Aug. 3, 2015
  • Boston named 'healthiest' U.S. housing market

    Las Vegas took last place in WalletHub's comparison of the ease of buying a home in 25 major metros.

    By Sharon O'Malley • July 31, 2015
  • AGC: 127 cities lost construction jobs in past year

    Still, 180 metros bolstered contractor payrolls, despite lack of congressional action on a long-term highway bill.

    By Sharon O'Malley • July 30, 2015
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    Montgomery County Planning Commission
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    Homeownership plummets to 48-year low

    If the rate slips just a little further — as economists warn is likely — it could set a new record low.

    By Sharon O'Malley • July 29, 2015
  • Pace of home-price growth slows in May

    Housing values rose year over year, but not as much as economists had forecast, Case-Shiller reported.

    By Sharon O'Malley • July 29, 2015
  • Lenders tip-toe back into ADC market, with lots of conditions

    After licking their wounds from the recession, banks are asking for more equity, smaller project sizes and very few spec homes.

    By Sharon O'Malley • July 28, 2015
  • Hispanics shut out of housing market by traditional measures of creditworthiness

    Housing and consumer advocates have called on lenders to consider alternative ways to determine whether an applicant can repay a loan.

    By Sharon O'Malley • July 28, 2015
  • Unanticipated dip in June new home sales hampers industry optimism

    The 6.8% decrease confirmed warnings from some economists, who said increasingly tight inventory would have a negative impact on the market.

    By July 24, 2015
  • Fannie Mae: Home sales to reach 8-year high in 2015

    A pending interest rate increase will not trump job growth and rising consumer confidence, according to the agency.

    By Sharon O'Malley • July 24, 2015
  • AGC: 'Troubling' stats reveal 25 states lost construction jobs in June

    The association said the industry may be holding back on hiring because of uncertainty over long-term federal funding for highway work.

    By Sharon O'Malley • July 23, 2015
  • Swelling demand boosts June existing home sales to 8-year high

    The NAR reported home prices also rose as the market offers limited available inventory.

    By July 22, 2015
  • Zacks: High supply costs, lack of labor cripple homebuilding growth

    The investment research firm reported that tight inventory, strict lenders and low oil prices are eating away at homebuilders’ gross margins.

    By Sharon O'Malley • July 22, 2015
  • Foreclosure starts dip to pre-recession levels

    RealtyTrac's report offered good news for the economy, as a dwindling inventory of foreclosed properties on the market is a sign of overall improvement.

    By Sharon O'Malley • July 17, 2015
  • ABC: Construction material costs barely rise as 'crisis economics' define market

    The association's chief economist said, "At some point, prices will begin to rise, perhaps aggressively."

    By Sharon O'Malley • July 16, 2015
  • Deep Dive

    4 reasons housing will finish strong in 2015

    A new Capital Economics report found that home sales, inventory, prices and mortgage rates are all poised for increases.

    By Sharon O'Malley • July 14, 2015
  • College degree can make it harder to save down payments

    Student debt and a slim earnings gap in one-third of the Top 100 markets mean high school grads can  buy homes sooner than those with university diplomas.

    By Sharon O'Malley • July 10, 2015
  • More consumers than ever say now is a good time to sell a home

    That attitude could lead existing homeowners to list their properties for sale, boosting the housing inventory and spurring purchases.

    By Sharon O'Malley • July 7, 2015
  • WSJ endorses construction as 'best career path' for non-college grads

    The industry is hiring faster than manufacturing and is expected to continue on that path for the foreseeable future.

    By Sharon O'Malley • July 6, 2015
  • Why homes sell faster when gas prices drop

    With pump prices predicted to dip to their lowest level in six years, expect homebuying to put the pedal to the metal.

    By Sharon O'Malley • July 6, 2015