Housing Starts

Building Permits Surge In December; Signals A Strong Spring Housing Market

Comments(0) By •January 20th, 2011

According to theCensus Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.

Housing Starts Rise In November, But With A High Margin Of Error

Comments(0) By •December 22nd, 2010

The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.

Housing Starts Data Much Better Than The Headlines Would Have You Believe

Comments(0) By •November 18th, 2010

Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.

Housing Starts Jump In September, Buoyed By Homebuilder Confidence

Comments(0) By •October 20th, 2010

According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.

Housing Starts Rise In August, But By Less Than The Headlines Report

Comments(0) By •September 23rd, 2010

The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.

Single-Family Housing Starts Fade In July

Comments(0) By •August 18th, 2010

Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.

Housing Starts Ease 0.7 Percent In June — 7x Better Than The Headline Data

Comments(0) By •July 21st, 2010

Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide.

Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

Comments(0) By •May 19th, 2010

Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.

Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires

Comments(0) By •April 20th, 2010

A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.

Single-Family Housing Starts Hold Steady For The 8th Straight Month

Comments(0) By •March 18th, 2010

Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009.

About The Danville Mortgage Blog

The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

For Danville real estate agents, you'll find valuable tips on how to take your real estate business to the next level. We're also a wonderful place to keep up on the ever changing mortgage industry.

Mike Miller

  • 395 Hartz Avenue, Danville, CA 94526

Prospect Mortgage Equal Housing Lender

Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.