Home Mortgage Rates Remain Stable- wk 7/11

Home Mortgage Rates Remain Stable- wk 7/11

Freddie Mac’s Primary Mortgage Market Survey shows mortgage rates remained mostly unchanged the past two weeks. The 30-year fixed rate loan has been hovering at 3.75%. Rates have moderated, remaining consistent at nearly three-year lows. That’s good news for...
2018 New Housing Report, By The Numbers

2018 New Housing Report, By The Numbers

The U.S. Government has released its Census Bureau information on the 2018 Characteristics of New Housing in a report that covers all aspects of last year’s U.S. New Housing inventory. Here are the highlights… 840,000 Single Family homes were completed in 2018. 90%...
16-foot python found nesting under home

16-foot python found nesting under home

A 165-pound Burmese Python and approximately 50 hatched eggs were found beneath a home about four miles south of Alligator Alley in Florida last weekend.  Environmentalists say the species is responsible for killing deer, alligators and other important wildlife in the...
Rare Floating Home in San Francisco for Sale

Rare Floating Home in San Francisco for Sale

Listed for $1.8 million, the unique dwelling is a rarity in the City by the Bay. “There aren’t too many,” says the listing agent. “These homes usually sell privately. As far as we know, this is the first one on the open market.” The listing offers a rare view of a...
Bend Neighbors say No to Sidewalks

Bend Neighbors say No to Sidewalks

A group of residents in a Bend, Oregon subdivision says they don’t want sidewalks in their neighborhood, and they’re fighting to prove it. The Bend Planning Commission voted this week to not allow a code change that would exempt someone building a new home to...
Construction Spending Dips Nationwide

Construction Spending Dips Nationwide

Construction spending during May 2019 was estimated at a seasonally adjusted annual rate of eight-tenths percent below the revised April estimate, the Census Bureau reported. During the first five months of this year, construction spending amounted to almost $5...