Financial
Financial
Business financials advice, reports, and trends for professional home builders and remodelers.
The Five Foundational Cornerstones
Business coach Scott Beebe shares insights into the often ignored business basics that could be the difference between long-term success and failure
Custom Builder
Start With the Why: Fundamentals of the Custom Builder Business
In our inaugural episode of Taking Care of Business, host and custom builder Duane Johns sits down with Scott Beebe, head coach and founder of My Business on Purpose, to talk vision, purpose, mission, values, and more
Business
Why AI Is Now Key to Our Trade Partner Strategy
Thompson Custom Homes Business Manager Erin Day explains how AI became a crucial part of building and maintaining successful trade partner relationships
Business
November Data: Custom Architects Weigh In, New Construction Trends, Contractor Confidence, and Material Price Changes
We've collected highlights from a number of data reports published throughout the industry in November
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Government
Study: Tax credits had little effect on housing markets
A new paper found that the average listing of home prices rose about $8,000 the month after the first major tax credits for the same amount went into effect, and they fell by slightly less than $9,000 two months after they expired.
Economics
How the housing market can save the U.S. economy
Just as the U.S. housing market was the main culprit of the economic downturn, it is key to the recovery, writes Money Morning contributing editor Shah Gilani. Gilani presents a compelling plan to fix the housing market.
Financial
Trumark sells 11 acres in Lake Forest
Trumark Homes has sold 11 acres of residential real estate in Lake Forest that it purchased just 20 months ago. The sale came in response to a dramatic increase in land value across coastal Southern California.
Financial
Housing starts plummet in February
Housing starts dropped 22.5% in February, falling to 479,000 from the revised January rate of 618,000, according to Calculated Risk.
Financial
Small businesses increase hiring in February
Early data from the National Federation of Independent Business show positive job growth in February — the fifth consecutive month that small firms’ hiring plans have been consistently positive. According to the new survey, plans to create jobs jumped up two points to a net 5 percent of all firms.
Financial
Foreclosures down significantly from year ago
Foreclosures rose slightly in January, but declined 17% overall compared to last year, Housing Predictor reported.
Financial
Senator concerned about new mortgage rules
New regulations currently being developed could make it more difficult for some to get home loans, according to Sen. Kay Hagan (D., N.C.).
Financial
Mortgage rates continue to rise
Mortgage rates rose for the second straight week, and could continue to climb higher, according to HousingPredictor.com.
Financial
Survey: Nearly half would walk away from mortgages
Almost half of people surveyed by Housing Predictor say they will walk away from home mortgages if housing prices continue to drop.
Financial
New year opens with more mortgage applications
Home buying activity is on the rise to open the new year. The Mortgage Bankers Association reported that the number of applications for home mortgages crept up 2.2 percent last week. However, when the index isn’t adjusted for the New Year’s holiday, the numbers are 47.5 percent higher compared to the previous week.