Housing starts rose 0.9 percent in August
“Buy now! Before it’s too late!” Many salespeople use some variation of this pitch to get buyers to bite. But this sales spiel takes on heightened new meaning when the item being hawked is a home built for riding out the apocalypse.
After years of downsizing and making do, American consumers are going big once again.
In Baltimore, builders are flipping the way that homes are normally flipped. Instead of fixing up an older home and hoping that a buyer likes the improvements, builders are welcoming buyers into the process much earlier, allowing them to customize the renovation with their choice of countertops, cabinets, colors, tile, and more.
The previous upturn in housing prices faltered after a year, but all the signs suggest that the current home price recovery will be sustainable.
Over the weekend, an open house was held in the suburbs of St. Louis, Mo. OK, there were lots of open houses over the weekend in the region. But one in particular stood out, for it featured the first “active home” in North America.
A host of special interests, from filmmakers to rum distillers, got tax breaks in last week’s fiscal cliff deal.
No one should anticipate that a “Sandy stimulus” will kick the economy into a higher gear. Even so, Sandy has caused businesses of all shapes and sizes to be exceptionally busy — including a few you wouldn’t expect.
Low water levels on the Mississippi River, which have snarled cargo traffic and completely halted hundreds of barges at a time, got most of the media attention during this year’s arid summer. But the weird weather is also having …
You don’t have to look very hard to find proof that over the past five years Americans have evolved into a very pessimistic bunch. Far more of us think the country is headed in the wrong direction than think it’s on the right …