News Summary: US new home starts surge
Published: November 20, 2012
Leave a comment
BUILDERS RAMP UP: U.S. builders started construction last month on the most homes and apartments since July 2008. Work began on new homes at a seasonally adjusted annual rate of 894,000, up 3.6 percent from September.
Advertisement
BIG RECOVERY: The housing market has been making consistent gains this year, propping up an economy that's being squeezed by a global slowdown and looming spending cuts and tax increases.
MORE DEMAND: More people are looking for homes, after moving in with parents or friends because of the weak economy. Yet fewer homes are available. Mortgage rates have hit all-time lows. And rents are rising, making the purchase of a home more attractive.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
Mortgage Rates Hit 2.50%
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com
New Rule in CALIFORNIA:
(APR 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
(APR 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
Prev
