Tag Archives: rise

Housing Permits at 4-Year High, Builders Still Cautious

Housing permits — a future gauge for home building — reached its highest level since August 2008, rising 6.8 percent in July over the previous month, the U.S. Census Bureau reports. What’s more, building permits are up nearly 30 percent … Continue reading

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Builder Confidence Soars to 5-Year High

Builder confidence in the new-home market continued to inch higher this month, reaching its highest level since February 2007, according to the National Association of Home Builders/Wells Fargo Housing Market Index, which measures nationwide builder sentiment about current and future … Continue reading

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Fannie Mae Income Rises

On the heels of a similar announcement from Freddie Mac on Tuesday, Fannie Mae revealed yesterday that it posted second-quarter net income of $5.1 billion. That’s a substantial increase over the $2.7 billion reported in the first quarter of this … Continue reading

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