http://finance.yahoo.com/news/why-home-builders-wont-drop-193437024.html
“New home prices have dramatically outpaced existing home prices, and the reason for that is because you have a very constructed mortgage market today. The only people who can buy are people who are very well off, so that’s created a positive mix shift,” noted Barclay’s analyst Stephen Kim in an interview on CNBC’s
Right now the divide between new and existing home prices is wider than ever. The average price of an existing home in December was $231,400, according to the National Association of Realtors, while the U.S. Commerce Department reported the average price of a newly built home stood at $304,000.
“New home prices are advancing faster than existing home prices because demand has increased and, as Kim did admit, the mortgage filter is allowing only higher income or at least higher net worth people through the application net, and they are purchasing higher valued homes. But that is true of existing purchases as well,” argues David Crowe, chief economist for the NAHB.
“Lumber and other building material prices have risen very rapidly recently. Shortages of lots and labor supply are beginning to show up, and I expect as new household formations begin to recover, that shortage will expand to more markets. The way to get more resources back into the housing market is to raise the price paid, i.e., wages and land prices,” says Crowe.
“Builder will have to raise prices to compensate for their efforts, risks and, at least for a short time, being the only ones left,” adds Crowe.
Ahaa, its pleasant dialogue regarding this article at this place
at this website, I have read all that, so at this time me also
commenting at this place.
I have read some excellent stuff here. Definitely worth bookmarking
for revisiting. I wonder how much effort you set
to create this kind of excellent informative web site.
Howdy I am so glad I found your blog page, I really found you by error, while I was researching on Bing
for something else, Anyhow I am here now and would just like to say cheers for a fantastic post and a all round thrilling
blog (I also love the theme/design), I don’t have time to browse it all at the moment but I have saved it and also added your
RSS feeds, so when I have time I will be back to read more, Please do keep up the excellent work.
buy cialis generic – Buy cialis overnight delivery sildenafil women
Howdy superb blog! Does running a blog such as this take a great deal of work?
I have very little knowledge of coding however I had been hoping to
start my own blog soon. Anyway, should you have
any recommendations or techniques for new blog owners please share.
I understand this is off topic however I just needed to ask.
Thank you!
buy doxycycline 200mg sale – oral doxycycline 100mg chloroquine 250mg cost
furosemide 40mg pill – lasix 100mg drug buy zithromax 250mg online
accutane 20mg canada – buy amoxil generic amoxil 250mg generic
Hello! I know this is sort of off-topic however I needed to ask. Does building a well-established blog such as yours require a lot of work? I am brand new to writing a blog however I do write in my journal daily. I’d like to start a blog so I can share my personal experience and views online. Please let me know if you have any suggestions or tips for new aspiring bloggers. Thankyou!|
where to buy over the counter ed pills – herbal ed pills prednisone 20mg generic
Hey there! Would you mind if I share your blog with my twitter group?
There’s a lot of people that I think would really enjoy your content.
Please let me know. Many thanks
Oh my goodness! Awesome article dude! Thank you, However I
am experiencing issues with your RSS. I don’t understand the reason why I can’t
subscribe to it. Is there anybody else getting the same RSS issues?
Anyone that knows the solution will you kindly respond? Thanks!!
Hey! This is my first visit to your blog! We are a collection of volunteers
and starting a new project in a community in the same niche.
Your blog provided us valuable information to work on. You have done a marvellous job!
viagra 150mg price – buy viagra online tadalafil for women
My spouse and I stumbled over here coming from a different website and
thought I might check things out. I like what I see
so i am just following you. Look forward to looking at your web
page again.
Hello there! I know this is kinda off topic nevertheless I’d
figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog
article or vice-versa? My website covers a lot of the same subjects as yours
and I feel we could greatly benefit from each other. If you happen to be interested feel free to shoot me an email.
I look forward to hearing from you! Awesome blog by the way!
I blog often and I genuinely thank you for your content.
This article has really peaked my interest. I am going to book mark your blog and keep checking for new information about once a week.
I opted in for your RSS feed too.
avodart for sale – purchase avodart generic cialis tadalafil 10mg
cheap topamax 200mg – topiramate for sale online imitrex 50mg cheap
I was just telling my friend about that.
cialis without a doctor prescription – brand losartan 50mg cost warfarin 2mg
tadalafil 5mg over the counter – purchase tadalafil pills order viagra 100mg generic
furosemide 40mg for sale – oral furosemide 40mg cheap sildenafil pill
isotretinoin 20mg oral – buy zithromax 500mg generic order zithromax 500mg generic
order modafinil pills – ed medications buy ed pills generic
tadalafil for sale online – levitra vs cialis where to buy cialis
nexium 40mg sale – buy esomeprazole without prescription order phenergan for sale
viagra 150mg over the counter – sildenafil next day delivery usa buy viagra online
sildenafil medication – cost methotrexate 5mg buy plavix 75mg without prescription
generic colchicine – propranolol ca buy atomoxetine online
buy toradol 10mg online cheap – order toradol 10mg pill order lioresal for sale
viagra 100mg pills – usa viagra sales tadalafil 40mg drug
sildenafil 50mg drug – buy lisinopril 5mg flexeril 15mg pill
zetia uk – domperidone 10mg pills citalopram 20mg without prescription
atarax price – order atarax 10mg pill buy rosuvastatin 10mg pills
diltiazem online order – allopurinol without prescription purchase zovirax pill
cialis 5mg generic – buy cenforce 100mg sale cenforce 50mg usa
cheap viagra generic – viagra professional order neurontin pill
cytotec sale – prednisolone pill purchase synthroid online
desloratadine ca – buy aristocort 10mg online buy triamcinolone 4mg generic
clomiphene 100mg usa – order clomid 100mg online cheap purchase zyrtec pills
lyrica pills – pregabalin for sale lyrica 75mg ca