by Jim Crowder | Dec 6, 2013 | HOUSING MARKET
New research released from Boston College has found that 53% of Americans in 2010 were not prepared for retirement even when adding in their home equity. According to the National Retirement Risk Index, many seniors may be at risk for having a low success rate during...
by Jim Crowder | Dec 5, 2013 | HOUSING MARKET
According to the Commerce Department, U.S. construction spending in October reached the highest level seen in approximately 4 1/2 years. Public construction projects have helped level-out low spending on private projects with an average annual spending percentage of...
by Jim Crowder | Dec 4, 2013 | HOUSING MARKET
Consumer confidence is suffering as many are still wary from the financial crisis. Experts say that confidence in the economy is necessary in order for the housing market to continue to strengthen. Many consumers have cut back spending, lowering the percentage of home...
by Jim Crowder | Dec 3, 2013 | HOUSING MARKET
Home prices have dropped from this summer’s high according to the most recent Clear Capital Home Data Index, an index that compares past and present home prices. Prices fell .02% from last quarter averaging approximately 10.8% this quarter. Vice president of...
by Jim Crowder | Dec 2, 2013 | HOUSING MARKET
According to recent data from the S&P/Case-Shiller Home Price Indices, home prices shot up at the fastest rate seen since early 2006. The data came as a surprise to many experts surpassing forecasted rates. Single-family homes in many metropolitan areas jumped...
by Jim Crowder | Nov 29, 2013 | HOUSING MARKET
The housing market may seem like it is losing steam lately, but many experts expect a jump in momentum as construction plans get underway. According to the Commerce Department, building permits in the U.S. for new homes skyrocketed last month to the highest level seen...