Housing Starts Up To Pre-Recession Level U.S. builders started work on single family homes last month at the fastest pace since the Great Recession began in late 2007. Housing starts in August rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said Tuesday. Construction of single-family houses accounted for all of
81K FL Homeowners Missing Out on Mortgage Savings Florida has the highest number of homeowners nationwide failing to cash in on a federal mortgage savings program that could save them hundreds of dollars each month. An estimated 81,420 Florida borrowers are not taking advantage of the lower interest rates available through the Home Affordable Refinance
2014 Housing Review: Market Gains Predicted for 2015 This year demonstrated a steady build-up of housing momentum that is expected to carry the market into 2015 gains, according to a realtor.com report released last week. The 2014 Housing Review includes the top 10 real estate trends in 2014, pointing to significant improvements in the U.S.
Mortgage costs are a new concern, at least to buyers and sellers of homes. Mortgage closing costs in our state are higher than 42 other states, according to Bankrate.com. Closing costs on a $200,000 home loan average $2,648, the eighth-highest in the US, and 4.1 percent higher than the national average. The costs include an average