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Showing posts with the label builders

Construction spending rises in April

Construction spending rises in April Construction spending during April rose 0.4 percent to a seasonally adjusted annual rate of $765 billion compared with March’s estimate of $762.1 billion, but was 9.3 percent below the April 2010 estimate of $843.1 billion, according to the U.S. Census Bureau of the Dept. of Commerce. Residential construction was at a seasonally adjusted annual rate of $232.1 billion in April, 3.1 percent above the revised March estimate of $225.1 billion.

New Mountain House Homes For Sale

Let's go look at some NEW Homes For Sale in Mountain House !! THE ADVANTAGES OF BUYING A NEW HOME In this economic atmosphere, the prospects of getting a good deal may lure your clients toward buying a short sale or REO. But while up-front costs may seem lower on an REO or short-sale, buyers often end up paying in other ways. Here are five advantages of buying a new home to think about: 1. NO REPAIRS. With a short sale or REO, the previous owner may have stopped maintaining their property. That means your client could end up with expensive repair bills. But new home purchases often include builder warranties for workmanship, materials, and structural problems to help protect your client against large out-of-pocket repair expenses. 2. NO SURPRISES. With a new home, what you see is what you get. With an REO or short sale, what you might not see is what you get. New home purchases often come with many disclosures from the seller, though in reality, very lit...