Gen Y to Lead ‘Massive Increase in Housing Demand’

Gen Y to Lead ‘Massive Increase in Housing Demand’ Daily Real Estate News | Wednesday, July 20, 2011 Watch out for Generation Y: This large, diverse, well-educated generation will drive the housing market recovery over the next 10 years, according to economists with the University of Southern California Lusk Center for Real Estate. Gen Y…

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Existing-Home Sales Slip, But Prices Stabilize

Existing-Home Sales Slip, But Prices Stabilize Daily Real Estate News | Wednesday, July 20, 2011 Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of REALTORS®. Sales gains in the Midwest and South were offset by declines in the Northeast and West. Single-family home…

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Builders’ Optimism Grows as Housing Starts Rise

Builders’ Optimism Grows as Housing Starts Rise Daily Real Estate News | Tuesday, July 19, 2011 Builders broke ground on more new homes than expected last month, reaching a six-month high in housing starts and also seeing a rebound in permits for future construction, the Commerce Department reported Tuesday in its new-home report. The biggest…

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