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Housing starts cooled in February after robust January

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Gold Price Prediction for February 19, 2018.. The U.S. housing starts report beat estimates. where we possibly had some "catch up" before month-end after a cold start to January and a.

Despite cost concerns, housing starts have inflected higher. continuing a steady recovery after a brutal start to 2018 that saw the sector down nearly 10% on the year in mid-February. Despite the.

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Despite the robust first half, the local housing. after the fires.” She said in Oakmont, houses listed between the high $400,000s and $600,000 are selling. Real estate agents blamed the wet winter.

 · Highlights of Housing Starts (February) Residential starts fell 7% to a 1.24m annualized rate (est. 1.29m) after 1.33m pace in prior month. Single-family home starts rose 2.9%, second straight gain; multifamily starts fell 26.1% after similar jump the prior month.

improvement in housing activity, dragged upward by strengthening economic and labor market fundamentals, rather than a breakout year for the industry. Housing starts cooled in January after reaching an expansion-best pace in December, and builder confidence softened in February to a four-month low.

People on the move: May 17 California Los Angeles Mortgage Quality Management and Research has hired Jeff Christensen as vice president of sales. Christensen brings more than 10 years of mortgage compliance experience to MQMR, having served as both the chief financial officer and chief executive officer of Mortgage Compliance Advisors, of which he was a founding member in 2008.

 · Housing Starts Cooled in February After Robust January.. Highlights of Housing Starts for February. with a 90% chance that the January figure for starts ranged from a 23.7% drop to a.

Home prices in 20 U.S. cities cool with smallest gain since 2012 Blue skies ahead, or is the housing market falling off a cliff? – The Case-Shiller index showed home prices in 20 U.S. cities decelerated for the 11th straight month. The 3% gain from a year earlier was the smallest increase since 2012. The numbers reflect the.Gen-X renters have significantly weaker credit profiles than homeowners Essent’s net income increases 39% on new policy growth Free Online Library: ATC Environmental reports 39% and 43% increase in third quarter and nine month net income on 22% increase in third quarter revenues and 29% revenue increase for nine month period. by "Business Wire"; Business, international environmental consultants finance environmental engineeringPrimeLending adds joint venture with Dallas homebuilder The demand from otherwise ­uncreditworthy home buyers “is driving home prices up faster than. credit risk. Watt and other regulators look favorably on “nontraditional credit,” such as rent, utility.

U.S January Housing Starts Strongest Since September Housing starts in January were at a seasonally adjusted annual rate of 1.326 million, up 9.7% compared with 1.209 million in December and up from 1.236 million in January 2017, according to estimates released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. Most of the increase was attributable to starts of multifamily (five units or more per building) homes.

Toll Brothers slumps most since May after home orders plunge High-end homebuilder Toll Brothers, when it announced earnings this morning, made some peculiar comments. Not so peculiar was the plunge in new orders in its fourth quarter, ended October 31: New orders dropped 13.3% from a year ago to 1,715 units. In California, Toll Brothers’ largest market by revenue, new orders plunged 39.4% to just 226 units.

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The last time housing starts were stronger was February of 1984, when they came in at a 2.26 million annual pace. The latest report marked the fifth time in the last six months that housing starts.