by Todd Bird | May 20, 2019 | Show Prep
The National Association of Home Builder’s Eye on Housing reports prices paid for materials used in residential construction have increased almost one full percent in April. The Bureau of Labor Statistics’ Producer Price Index shows, softwood lumber prices declined...
by Todd Bird | May 20, 2019 | Show Prep
CoreLogic’s monthly Loan Performance Insights Report shows that, nationally, 4% of mortgages were in some stage of delinquency in February 2019. The foreclosure inventory rate – which measures the share of mortgages in some stage of the foreclosure process – was...
by Mike Murray | May 20, 2019 | Show Prep
A 1755 square foot cottage designed by Frank Lloyd Wright in the village of Glencoe, north of Chicago, sold for $555,000. That’s far lower than the $1 million that was initially asked for in October 2017. In fact, the three-bedroom cottage was built in 1913 for...
by Todd Bird | May 13, 2019 | Show Prep
It’s a concern that’s hitting home. The latest increase in Chinese tariffs has home remodelers passing those higher costs on to clients. From tile to counter tops, laminates to lighting, and everything in-between is on the list that just went from 10% tariffs to 25%....
by Todd Bird | May 13, 2019 | Show Prep
Watch out for falling lumber. The Wall Street Journal reports that prices for the crucial commodity are falling in the height of what should be a robust season. The slump comes a year after lumber prices reached record levels and were climbing higher amid a resurgent...
by Todd Bird | May 13, 2019 | Show Prep
Samsung is apparently looking to get into the home building business, but not for the usual reasons. For years, Samsung has pitched customers internet-connected TVs, refrigerators, and more. Now the South Korean engineering-to-gadgets maker is trying to go a step...
