20 Mar 2019
By RESCO Realty

NAHB: Housing Market Index Flat in March

Real Estate, ,
Builder sentiment held steady in March as headwinds in housing markets affected homebuilder confidence, but National Association of Home Builders Chairman Greg Ugalde said that builders were looking forward to a "solid spring home-buying season." Builder sentiment mirrored February's index reading of 62; analysts expected an uptick to 63. Any Housing Market Index reading over 50 indicates that more builders than fewer have a positive outlook on housing market conditions. The average reading for 2018 was 67, which indicated that builders were less confident current market conditions for new homes than in 2018. HMI Component Readings Mixed in March Three…
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27 Feb 2019
By RESCO Realty

Case-Shiller: December Home Price Growth Slowest in 4 Years

Real Estate, ,
Case-Shiller Home Price Indices reported the slowest rate of U.S. home price growth since November 2014. According to the 20-City Home Price Index, Home prices grew by 4.20 percent year-over-year and were 0.20 percent higher in December as compared to November. The 20-City Home Price Index fell short of analysts' expected gain of 4.80 percent year-over-year. Case-Shiller's National Home Price Index reported home prices increased 4.70 percent in the fourth quarter of 2018. While home price growth is sluggish, home prices continued to rise faster than wages. This creates obstacles to affordability for many would-be home buyers. Fears about rising…
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30 Jan 2019
By RESCO Realty

3 Green and Gorgeous Trends in Home Design

Real Estate, ,
These days, people want energy-efficient homes that look great. To answer the call of passionate environmentalists, developer are rising to the occasion and designing home features that minimize waste, save energy and reuse reclaimed materials. The results are gorgeous, green homes that help move the sustainable living trend forward. Hidden Solar Panels Solar panels are a great way to save energy, but not everyone loves the optics. A series of solar panels on the roof may save you money on your utilities, but it can detract from the natural shape of your home. As an alternative, innovative in-roof solar panels…
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