Tag Archives: January

U.S. homebuilding permits a 3 1/2 high

Permits for homebuilding in the U.S. neared a 3 1/2 year high last February.  The new permits last month were at 5.1% or 717,000 units according to the Commerce Department.   This is the highest rate its been since October 2008 and has exceed economists … Continue reading

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Foreclosure sales rising

Foreclosure sales rose to 91,000 in January, a 29% increase from December of 2011.  A foreclosure sale is complete when the bank finishes the foreclsure process and the bank takes posession the property.  To many experts, foreclosure activity is a … Continue reading

Posted in Copperas Cove Real Estate, Economy, Harker Heights Real Estate, Killeen Real Estate | Tagged , , , , | Leave a comment

New home sales exceed expectations

On Friday, new home sales exceed projections in the latest government report, this is a sign that the beleaguered housing market is starting to recover.   The Census Bureau reported that the pace of new homes sold in January was 321,000  which … Continue reading

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