Moe Veissi, president-elect of the National Association of Realtors (NAR),
recently outlined the association’s recommendations for housing finance reform before the House Financial Services Subcommittee on International Monetary Policy and Trade.
According to a story posted on www.realtor.org, owning a home has had long-standing government support in the U.S. because home ownership benefits individuals and families, strengthens communities, and is integral to the nation’s More...
McStain is getting ready to break ground on its first new single family home in the Curtis Park neighborhood this week! The project, located on the corner of 31st and Arapahoe directly across the street from Mestizo-Curtis Park, will include five Energy Star qualified homes, two different floorplans with 3 bedrooms, 3 baths, just over 2,000 square feet above ground, private backyards and 2 car detached garages. They will have timeless Victorian exteriors with vibrant colors yet all of the More...
The Labor Department’s latest job report showed hiring in an industry battered by job losses has gained some ground. According to USAToday, construction firms added 26,000 jobs nationally in September, trailing only health care, professional and business services.
Contractors added 53,000 jobs this year after losing about 150,000 last year and 2 million in the recession. Some construction industry observers said the latest gains could herald at lease a moderate turnaround next More...
Pending home sales slipped in August with a mixed regional performance, but are higher than a year ago, according to the National Association of Realtors (NAR). The Pending Homes Sales Index, a forward-looking indicator based on contract signings, declined 1.2 percent to 88.6 in August from 89.7 in July, but is 7.7 percent above August 2010 when it stood at 82.3. The data reflects contracts but not closings.
Lawrence Yun, NAR’s chief economist, said the decline reflects an More...
A California couple recently purchased there first vacation home at a California ski resort. At $200,000, the condo was a bargain compared to a past price of more than $400,000. The couple also realized they could rent the condo to help pay their mortgage and expenses.
More and more people are considering the purchase of a vacation retreat because conditions are ripe to fulfill this dream. Prices on vacation homes have fallen even more sharply than primary homes. More...