2014’s New Home Market Is ‘Running in Place’

August 29, 2014 By In Uncategorized No Comment

Sales of new single-family homes clung to their same bumpy path again last month, unexpectedly slipping to their weakest annual pace since March, the Census Bureau said Monday. Neither markedly stronger nor dramatically weaker, sales over the past 10 months haven’t moved much. “The new-home sales figures by now have that lived-in feeling, with few

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HOUSING RECOVERY – ATLANTA ONE OF HARDEST HIT CITIES – EXPERIENCES STRONG RECOVERY

May 30, 2013 By In Uncategorized No Comment

The lowest point of the housing bust was characterized by a glut of supply. Homes for sale remained on the market longer, and foreclosed homes and those with mortgages in default added to or threatened to add to this inventory. As a result, prices fell, and construction of new homes fell to extremely low levels.

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