Hot Sheet Archives - Page 2 of 3

March Hot Sheet

March 31, 2014

“There is no doubt that the persistently bad weather took a toll on sales in February. However, builders continued to increase their inventory of for-sale homes, indicating they still anticipate a relatively strong spring buying season.” – Kevin Kelly, NAHB chairman and home builder from Wilmington, Del.” Sales of newly…

Posted in General, Market Information | Tagged: Building Industry Hot Sheet, Hot Sheet, March Hot Sheet, Market Data

February Hot Sheet

March 3, 2014

“Cold weather clearly put a chill on new home construction last month and this is also reflected in our latest builder confidence survey. Further, builders continue to face other obstacles, including rising materials prices and a lack of buildable lots and labor.” Kevin Kelly, NAHB chairman and home builder/developer…

Posted in General, Market Information | Tagged: Building Industry Hot Sheet, February Hot Sheet, Hot Sheet

January Hot Sheet, Download it Now!

February 3, 2014

INSIDE THIS ISSUE: NAHB: 2014 4Q Remodeler’s Index; Builder Confidence Index UST Minneapolis St. Paul Residential Real Estate Index – December 2013 Twin Cities Building Activity – Year to Date “Consumers are getting used to more realistic mortgage rates, which still remain favorable on a historical basis.” David Crowe, NAHB…

Posted in General, Market Information | Tagged: BATC Hot Sheet, Builders Association of the Twin Cities, Building Industry Market News, Hot Sheet, January 2014 Hot Sheet, Market Information, Public Policy, Twin Cities Building

December Hot Sheet

January 6, 2014

“Single-family and multifamily starts are at five-year highs, providing additional evidence that the recovery is here to stay. We hit a soft spot this fall when interest rates jumped and the government closed down, but mortgage rates still remain very affordable and pent-up demand is helping to boost the…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Building Industry, December Hot Sheet, Hot Sheet, Industry News, Twin Cities Building Market

November Hot Sheet

December 4, 2013

INSIDE THE NOVEMBER HOT SHEET: Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet 2013, Building Industry, Hot Sheet, Housing Market, November Hot Sheet, Twin Cities Housing, Twin Cities Housing Market, Twin Cities Residential Construction

October Hot Sheet

November 1, 2013

“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause. However, interest rates remain near historic lows and we don’t expect the level of rates to have…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Housing Market, October Hot Sheet 2013

September Hot Sheet

October 1, 2013

“Overall, this hot sheet is an encouraging report as builders are seeing pent-up demand begin to be released for single-family homes despite head-winds such as rising mortgage rates and tight credit conditions.” NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.

Posted in General, Market Information | Tagged: BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Market News Hot Sheet, September 2013 Hot Sheet, Wells Fargo Home Mortgage

July Hot Sheet

August 5, 2013

“The takeaway from this report is that the housing recovery is solidly on track and isn’t going to be derailed by slightly higher mortgage rates. After years of fence-sitting, buyers are back and are ready to move forward with an investment in homeownership.” – NAHB Chief Economist David Crowe…

Posted in General, Housing First Minnesota News, Market Information | Tagged: Hot Sheet, Housing Market, July Hot Sheet, Twin Cities Housing Market

June Hot Sheet

July 1, 2013

“The outlook for housing continues to brighten as builders respond to increased demand for new homes and rental apartments. While challenges with regard to the cost and availability of building materials, lots and labor are still keeping the pace of improvement in check, both builders and consumers are more confident…

Posted in General, Housing First Minnesota News, Market Information | Tagged: Hot Sheet, Housing Market, Industry Information, June 2013 Hot Sheet

May Hot Sheet

June 3, 2013

From the May 2013 Hot Sheet: “A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nation-wide housing starts to a seasonally adjusted annual rate of 853,000 units in April, according to newly released figures from HUD…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Market, Market Information, May Hot Sheet, Twin Cities Housing Market