If you’re thinking of selling your home in the future, you might consider investing in solar panels. Most people installing solar panels think about their own energy cost savings. Here’s something else to consider though. First-time home buyers are really into solar panels, according to the latest data. They’re so into solar panels that entry-level […]
Are you interested in comparing property tax levies for various areas of Florida? The State of Florida’s Property Tax Oversight (PTO) program maintains detailed records of all local government tax levies. This includes data reports and access to public tax roll data related to property taxes in Florida. You can also search property tax records by […]
According to the National Association of Home Builders, July builder sentiment dipped to an index reading of 64 as compared to June’s revised reading of 66, the original reading was 67. Analysts expected the reading for July to increase to 68. Builders cited increasing lumber prices as a concern affecting builders’ outlook on housing market conditions for new single-family homes. Any reading over 50 for the NAHB Housing Market Index indicates that more builders than fewer are positive about housing market conditions, but July’s reading was the lowest in eight months. NAHB said that home builder confidence in market condition “remains strong.”
According to the Case-Shiller National Home Price Index, February home prices grew at their fastest pace in three years. While home prices have steadily grown in recent months, growth rates slowed in many areas month-to-month; the escalation of home prices from January to February indicates stronger housing markets. National home prices increased by 0.20 percent in February to a seasonally-adjusted annual rate of 5.80 percent appreciation.
January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.
Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.