BUILDER NEWS 9 signs the housing market will only get hotter in 2017 Department rSingle-family home activity is climbing: When the Commerce ecently reported home starts for April, a bright spot was the brisk activity for single-family home construction. The pace of 835,000 starts is a bullish sign for the housing market because builders are favoring homeownership via stand-alone units instead of multifamily homes for renters. Housing starts are trending higher: While the overall April numbers may be soft on the surface, MarketWatch reporter Andrea Riquier recently pointed out that “starts have been 6% higher in the first four months of this year than in the same period last year, and the pace of permit authorizations is over 10% higher, pointing to stronger growth in the future.” Read More Desire for New Amenities: Still the Top Reason to Remodel ansAccording to remodelers who wered special questions on NAHB’s Remodeling Market Index (RMI) survey for the 1st quarter of 2017, a simple “desire for better/ newer amenities” once again ranked as the number one reason customers choose to remodel their homes. On a scale of 1 to 5 (where 1 indicates never or almost never, and 5 is very often), the average remodeler’s response was 4.4. Read More You design the home. We’ll take care of the loan. Lock in your permanent rate at application with our complete package for building and financing your home. For expert advice and personal service, call Dorothy today. Dorothy Cardillo Mortgage Loan Officer NMLS ID#: 722895 office 1-203-940-3266 mobile 1-347-365-0488 dorothy.cardillo@td.com tdbank.com/dorothycardillo TD Bank, N.A. | Loans subject to credit approval. | Equal Housing Lender 28 HBRA of Fairfield County | JUNE 2017
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