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Housing Prices Rise Again

maryland property management llc Palm Beach County home prices up 16 percent in August Many homeowners decided against testing the market in recent years because they couldn't get the prices they wanted. But now those owners are energized by the price increases and eager to capitalize on the rebound. "They say, 'OK, good, now it's my turn,'" said Cathy Prenner, an agent for Campbell and Rosemurgy in Lighthouse Point. Statewide, the median price for existing homes hit $175,000, up 19 percent from a year ago, the Florida Realtors said. Sales increased 13 percent.
For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/fl-august-home-prices-20130920-7,0,370292.story

Housing Starts Up in August

A2D's ratings reflect the continuing demand for social housing in the south of England where the group operates as well as continued cash flow from rented properties. The ratings also reflect the secured cash flow from public funds and the control and regulation provided through the Homes and Communities Agency (HCA). KEY RATING DRIVERS Negative Outlook The Negative Outlook reflects the outlook for the English social housing sector (see 'Fitch Revises Two English Social Housing Associations' Outlooks to Negative' dated 30 May 2013 at www.fitchratings.com). The sector is facing more exposure to business risks with expansion into non-social housing activity and increasing development activities, and although public funding and regulatory oversight are strong credit factors supporting the ratings, in Fitch's view, they are not as robust as they once were. Changes to Welfare Reform A2D receives government subsidies through housing benefit and social housing grants.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/19/fitch-assigns-a2dominion-housing-group-l-idUSFit66988520130919

RPT-Fitch Assigns A2Dominion Housing Group Limited 'AA-' Rating; Outlook Negative

Last month, by comparison, this trend was reversed, with single-family homes leading the way. The news is largely consistent with what we've seen from homebuilders of late. In the most recent quarter, for instance, Toll Brothers (NYSE: TOL ) , the nation's largest luxury homebuilder, reported that total revenues and homebuilding deliveries rose 24% and 10%, respectively. Net signed contracts rose 47% in dollars and 26% in units, and backlog rose 75% in dollars and 56% in units compared to 2012's third quarter. D.R.
For the original version including any supplementary images or video, visit http://www.fool.com/investing/general/2013/09/18/housing-starts-up-in-august.aspx

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