- Spain, Morocco break up jihadist recruitment cell, arrest 7
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- Air Force cadets ‘revolt’ after officials remove biblical verse from whiteboard
- Rep. Lee: Paul Ryan out of touch with urban Americans
- House votes down resolution to force Issa to apologize
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- Jeffrey Corzine, son of ex-N.J. governor, dead at 31
- Australian surfing magazine sorry for calling indigenous surfer ‘apeish’
National Association Of Home Builders
Latest National Association Of Home Builders Items
Freddie Mac issued a report Wednesday claiming the housing market may be emerging from a long slump. The government-backed mortgage giant happily cited the National Association of Home Builders/Wells Fargo confidence index, which is up for the fifth month in a row. The home builders forecast increased home sales for the coming year, based on an expectation of higher economic growth. Unfortunately for Freddie Mac, the real data provide little reason for such optimism.
Homebuilders' feelings about the current housing market haven't changed from February, but many are growing more optimistic that sales could pick up in the coming months.
Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years.
U.S. home builders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year.
Wall Street edged higher Wednesday following reports that the International Monetary Fund could get more cash to help countries struggling to manage their debt.
South Carolina press and public are puzzling over Republican presidential hopeful Newt Gingrich's decision to appear at a homeownership rally in Columbia on Thursday with Rep. James E. Clyburn, the Palmetto State's only Democratic congressman.
The outlook of U.S. home builders worsened in September, as foreclosures and anxious buyers hurt construction and sales activity.
Earlier this week the Dow Jones Industrial Average had its best day thus far in 2011 and when I appeared on America's Radio News, one of the hosts remarked that "it was a great day in the market." While that was a good day for the stock market, I pointed out the way it takes more than one point to draw a straight line, a good stock market environment needs more than one good day to generate favorable and sustainable returns.
Twin concerns about affordability and energy efficiency are driving the trend in new-home design toward smaller homes, according to industry experts. While prospective homebuyers still want specific amenities in newly constructed homes, such as a family room, a spacious kitchen and an elegant master bath, they also are willing to give up or downsize some rooms for the benefit of a more affordable price.