Mark Berry- Coldwell Banker Del Monte Realty

Analysts had predicted, both housing permits and starts recovered , albeit only slightly, in July after a poor showing the previous month. The U.S. Census Bureau and the Department of Housing and Urban Development now report that housing permits are being issued at a pace higher than in 2017, but housing starts are still lagging the earlier number. Permits for privately owned residential construction were issued in July at a seasonally adjusted annual rate of 1,311,000 units.... This is an increase of 1.5 percent from the June rate of 1,292,000 (revised from 1,273,000 units). July's permitting rate is now 4.2 percent higher than that of July 2017. Analysts polled by Econoday had predicted permits would be at a rate ranging from 1,280,000 to 1,325,000. Their consensus was slightly below the...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. See more

Stocks of major home construction companies fell recently. Click to read more.

Need some green in that small space? Grow up! This simple DIY will show you how.

This landmark legislation passed 50 years ago - learn your rights and how to defend them.

Sweeping changes in how several credit reporting agencies factor negative financial information is prompting millions of consumers’ credit scores to increase.