Posts Tagged ‘ Wells Fargo ’

Home Prices on the Rise, Affordability Slightly Lower in Third Quarter

Nov 14th, 2014

Firming home prices contributed to a slight dip in nationwide housing affordability in the third quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 61.8 percent of new and existing homes sold between the beginning of July and the end of September were affordable to families earning […]

Single-Family Home Builders’ Confidence Up in July

Jul 17th, 2014

Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “An improving job market goes hand-in-hand with a rise in builder confidence,” says NAHB chief economist David Crowe. […]

Builder Confidence Rises Four Points in December

Dec 17th, 2013

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December. This gain reflected improvement in all three index components—current sales conditions, sales expectations and traffic of prospective buyers. “The recent spike in mortgage […]

Huttig Extends $120 Million Secured Credit Facility to 2014

Sep 14th, 2010

Huttig Building Products Inc., distributor of millwork, building materials and wood products, announced last week that it has entered into an agreement to amend and extend its $120 million senior secured credit facility. The amendment, among other things, extends the facility from October 20, 2011 to September 3, 2014, according to a company press release. […]