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Housing Starts Increase in March after Dismal February
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Housing Starts Increase in March after Dismal February
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Housing Starts Increase in March after Dismal February

April 20, 2011 (Jeff Alan)
mortgage-homeconstruction-image
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) released the New Residential Construction Report for March 2011 showing gains in both housing starts and housing permits following a dismal February report. The jointly released report reveals that privately owned housing starts in March were at a seasonally adjusted rate of 549,000 units, which was an increase of 7.2 percent above the revised February estimate of 512,000 units.

Housing starts are still 13.4 percent lower than March of 2010 which had an adjusted annual rate of 634,000 units.

Both single-family units and buildings with five or more units showed increases for the month with 422,000 starts for single family housing and 117,000 for buildings with five or more units. Compared to February, single family housing starts were 7.7 percent higher from a revised 392,000 starts in the previous month, and buildings with five or more units were 22 percent higher than the 96,000 from the previous month.

Building permits also increased in March as 594,000 were authorized for the month compared to 534,000 in February. The amount of permits authorized is still 13.3 percent less than the same time last year when 685,000 building permits were authorized.

Single-family authorizations increased 5.7 percent to 405,000 compared to February’s figure of 383,000. Permits issued for buildings with five or more units were authorized at a rate of 173,000 for March. Last month that figure was at 121,000.

Building permits are a sign of future building activity and would indicate increased construction activity in future new home construction.

Privately-owned housing completions decreased 14.2 percent in March at a seasonally adjusted rate of 509,000 units compared to February’s 593,000. The number of completions is also far below March of 2010’s rate of 643,000 units.

Single-family homes were completed at a rate of 374,000 units which is 22.2 percent below February’s revised rate of 481,000. The completion rate for buildings with five of more units was at a seasonally adjusted rate of 130,000.

Tags: housing starts, building permits, single family home, construction, buildings with five or more units, housing completions

Sources:
Census Bureau

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

April 20, 2011 (Jeff Alan)
mortgage-homeconstruction-image
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) released the New Residential Construction Report for March 2011 showing gains in both housing starts and housing permits following a dismal February report. The jointly released report reveals that privately owned housing starts in March were at a seasonally adjusted rate of 549,000 units, which was an increase of 7.2 percent above the revised February estimate of 512,000 units.

Housing starts are still 13.4 percent lower than March of 2010 which had an adjusted annual rate of 634,000 units.

Both single-family units and buildings with five or more units showed increases for the month with 422,000 starts for single family housing and 117,000 for buildings with five or more units. Compared to February, single family housing starts were 7.7 percent higher from a revised 392,000 starts in the previous month, and buildings with five or more units were 22 percent higher than the 96,000 from the previous month.

Building permits also increased in March as 594,000 were authorized for the month compared to 534,000 in February. The amount of permits authorized is still 13.3 percent less than the same time last year when 685,000 building permits were authorized.

Single-family authorizations increased 5.7 percent to 405,000 compared to February’s figure of 383,000. Permits issued for buildings with five or more units were authorized at a rate of 173,000 for March. Last month that figure was at 121,000.

Building permits are a sign of future building activity and would indicate increased construction activity in future new home construction.

Privately-owned housing completions decreased 14.2 percent in March at a seasonally adjusted rate of 509,000 units compared to February’s 593,000. The number of completions is also far below March of 2010’s rate of 643,000 units.

Single-family homes were completed at a rate of 374,000 units which is 22.2 percent below February’s revised rate of 481,000. The completion rate for buildings with five of more units was at a seasonally adjusted rate of 130,000.

Tags: housing starts, building permits, single family home, construction, buildings with five or more units, housing completions

Sources:
Census Bureau

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

April 20, 2011 (Jeff Alan)
mortgage-homeconstruction-image
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) released the New Residential Construction Report for March 2011 showing gains in both housing starts and housing permits following a dismal February report. The jointly released report reveals that privately owned housing starts in March were at a seasonally adjusted rate of 549,000 units, which was an increase of 7.2 percent above the revised February estimate of 512,000 units.

Housing starts are still 13.4 percent lower than March of 2010 which had an adjusted annual rate of 634,000 units.

Both single-family units and buildings with five or more units showed increases for the month with 422,000 starts for single family housing and 117,000 for buildings with five or more units. Compared to February, single family housing starts were 7.7 percent higher from a revised 392,000 starts in the previous month, and buildings with five or more units were 22 percent higher than the 96,000 from the previous month.

Building permits also increased in March as 594,000 were authorized for the month compared to 534,000 in February. The amount of permits authorized is still 13.3 percent less than the same time last year when 685,000 building permits were authorized.

Single-family authorizations increased 5.7 percent to 405,000 compared to February’s figure of 383,000. Permits issued for buildings with five or more units were authorized at a rate of 173,000 for March. Last month that figure was at 121,000.

Building permits are a sign of future building activity and would indicate increased construction activity in future new home construction.

Privately-owned housing completions decreased 14.2 percent in March at a seasonally adjusted rate of 509,000 units compared to February’s 593,000. The number of completions is also far below March of 2010’s rate of 643,000 units.

Single-family homes were completed at a rate of 374,000 units which is 22.2 percent below February’s revised rate of 481,000. The completion rate for buildings with five of more units was at a seasonally adjusted rate of 130,000.

Tags: housing starts, building permits, single family home, construction, buildings with five or more units, housing completions

Sources:
Census Bureau

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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