Residential

Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor.   According to a Bloomberg report, Berkshire Hathaway is buying a 38 percent stake in Home Capital Group Inc., a Toronto-based mortgage lender, for... Keep Reading....
Construction employment increased by 11,000 jobs in May to the highest level since October 2008, according to a new data analysis from the Associated General Contractors of America
Construction employment increased by 11,000 jobs in May to the highest level since October 2008, according to a new data analysis from the Associated General Contractors of America.   Residential construction—comprising residential building and specialty trade contractors—added 7,100 jobs in May... more
There was much less bounce in the home flipping market during the first quarter, according to the latest numbers released by ATTOM Data Solutions
There was much less bounce in the home flipping market during the first quarter, according to the latest numbers released by ATTOM Data Solutions.   In the first three months of this year, 43,615 single family homes and condos were flipped with a 12-month period, down eight percent from the... more
Michigan is approaching a near-crisis in affordable home building, according to the head of the Home Builders Association of Michigan
Michigan is approaching a near-crisis in affordable home building, according to the head of the Home Builders Association of Michigan.   In an interview with the Detroit News, Bob Filka, CEO of the Lansing-based builders’ association, said that bank lending for affordable housing developments are... more
In an effort to expand homeownership opportunities in the nation’s capital, the District of Columbia Housing Finance Agency (DCHFA) has introduced three incentives to assist in the mortgage application process
In an effort to expand homeownership opportunities in the nation’s capital, the District of Columbia Housing Finance Agency (DCHFA) has introduced three incentives to assist in the mortgage application process.   Under this initiative, DCHFA is offering $1,500 grants to be used towards closing... more