Housing Will Weaken Further In 2019 And 2020

Nonresidential construction spending, which rose by 3.5% in the second half of 2019, is expected to increase in 2020, albeit at a modest 2% clip, with demand projected to weaken as the year goes on. In its Construction Outlook f.....»»

MILL VALLEY, Calif., Feb. 27, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leading innovator in housing credit investing, today reported its financial results for the quarter ended December 31, 2019 and selected financi.....»»

December 2019 set a record for the most homes sold in a month in the 51-county area covered by the North Texas Real Estate Information Services, and Jim Fite, president and CEO of Century 21 Judge Fite Co., is pretty darned fired up about it......»»

This year, California legislators have a full plate of housing, health care, employment and climate change bills, all of which could potentially impact local businesses. Legislators behind ambitious bills that were introduced, and shelved, in 2019 are.....»»

Zacks.....»»

A Philly cheesesteak restaurant that opened in Birmingham’s Southside in late 2019, early 2020 is expanding to another part of the metro. B&W Philly Steaks and Seafood will open in the Center Point Shopping Center at 1835 Center Point Parkway, acc.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

FIRST QUARTER HIGHLIGHTS Q1 top line grew 2% vs 2019 pre-COVID-19 baseline and -3.6% vs 2020 despite m.....»»

Between 2013 and 2019 Chicago lost 11,775 units in two-, three- and four-flats, according to a new study from DePaul University’s Institute for Housing Studies. T.....»»

Between 2013 and 2019 Chicago lost 11,775 units in two, three and four flats according to a new study from DePaul University’s Institute for Housing Stu.....»»

Responding to a hot housing market, Huber Heights has continued to find itself a popular place to live. From 2016 to 2019, Huber Heights added another 670 homes with combined residential investment of $110 million, city data show. And yet more .....»»

One major factor has remained consistent in the past few years as the Boston area's economy has boomed, suffered through a pandemic, and watched as home prices soared: the number of new homes being built has remained remarkably flat......»»

Even with the economic turmoil surrounding the COVID-19 pandemic, the price of a typical home in the United States increased significantly in 2020 — up to $265,000 from $235,000 in 2019. This........»»

Estimated deal value and number of deals closed declined in 2020 compared to 2019 but came back strongly in the second half of the year......»»

Just 14.4% of the money venture firms invested in startups in last year went to companies with at least one female founder, according to a new report. That proportion was down from 16.9% in 2019......»»

Last year was strong but inventory and pandemic pressures persist......»»

The calls for a pause came as the Planning Commission discussed the 2020 housing report......»»

The cause for a pause came as the Planning Commission discussed the 2020 housing report......»»

Mapping the 2020 real estate market in the D.C. region using three housing indicators. This piece lets you explore the price, sales and change in price for each Zip code......»»

New house construction slowed for years after 2008, and morphed into a 2020 inventory crisis, but starts hit their fastest rate in 15 years in March. Source: UBS. UBS Housing starts surged 19.4% in March to their highest level since 200.....»»