Hot housing market frees up cash for home improvements

March 26, 2021 11:38 am Leave a comment

A "sold" signs sit on a lot as new home construction continues in a new neighborhood in Northbrook, Illinois, on March 21. Homes gained $26,300 in equity in the last three months of 2020 versus a year earlier. That average gain is the highest since 2013. (AP Photo/Nam Y. Huh)

The red-hot U.S. housing market is paying off for many homeowners, even those who aren't looking to sell their home.

As housing market wavers, brokers strategize to get buyers

July 17, 2019 2:42 pm Leave a comment

In this Tuesday, July 16, 2019 photo, Jeff Benach, co-owner of Lexington Homes poses for a portrait inside his office in Chicago. Lexington Homes, which has townhouse and single-family developments in the Chicago area, has been building smaller projects than in the past, Benach says. (AP Photo/Amr Alfiky)

The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to sellers the reasons why they might have to take a loss on their homes.

Tagged with: homebuyers housing market

Mount Pleasant welcomes denser housing as plans for business park, hospital follow Foxconn

October 17, 2018 3:43 pm Leave a comment

With three hospitals, a new business park and Foxconn Technology Group's new factory coming to Mount Pleasant, village officials moved on Wednesday to allow expected housing developments to be built more densely.

Tagged with: affordable housing Foxconn Froedtert Hospital housing housing market Mount Pleasant Residential Construction zoning

Housing market loosens slightly in Wisconsin

November 21, 2017 12:17 pm Leave a comment

New data from the Wisconsin Realtors Association suggest that the state's tight housing market is loosening.

Tagged with: housing housing market

US builders increase home construction in April

May 18, 2016 1:46 pm Leave a comment

Wellenstine & Sons’ Bob Paul guides a floor joist into position on April 5 at the River House Apartments project in Milwaukee. Housing starts climbed 6.6 percent in April as home construction has advanced 10.2 percent in the first four months of the year. (Staff photo by Kevin Harnack)

Builders ramped up construction of new homes in April, suggesting that the market remains solid despite sluggish economic growth at the beginning of the year.

Tagged with: housing market

Lowe’s, Home Depot put up big numbers as housing booms

May 18, 2016 9:57 am Leave a comment

Lowe's reported surging first-quarter profits and comparable-store sales boomed in the midst of a strong recovery in the U.S. housing market.

Tagged with: Home Depot housing market Lowe's

Low mortgage rates slowing down home sales

July 24, 2014 3:24 pm Leave a comment

Ryan Carson (right) cooks dinner with his wife, Jenny Roraback-Carson, (left) and their daughter Clara, 3, at their home in Seattle. The Carsons are one of many would-be home sellers across the country whose mortgage rates are so low, it doesn't make financial sense to sell their homes, even if they need more space, a trend which limits the supply of homes and can contribute to slower home sales. (AP photo by Ted S. Warren)

Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.

Tagged with: home sales housing market mortgages

Weaker sales slow US home price gains in March

May 8, 2014 9:54 am Leave a comment

A for sale sign with an accepted offer plaque stands in front of a home in the 2500 block of E. Newberry Boulevard in Milwaukee. (Staff photo by Kevin Harnack)

U.S. home prices rose at a slightly slower pace in the 12 months that ended in March, a sign that weak sales have begun to restrain the housing market's sharp price gains.

Tagged with: home prices housing market National Association of Realtors

US homebuilder confidence edges up in April

April 15, 2014 9:26 am Leave a comment

U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.

Tagged with: homebuilder confidence housing market