Come see this beautiful nearly new custom Colonial in favorite walk-to Bates neighborhood! An ideal floor plan for family and friends to enjoy is superbly appointed throughout with custom cabinetry and built-ins, exquisite moldings, beautiful bathrooms, and extraordinary details. Set ideally at the end of the block abutting 64 acres of Boulder Brooks Reservation & [...]Housing Starts Rose Again
Nationwide housing starts rose for a third consecutive month in March according to figures released today by the U.S. Commerce Department. New housing construction permits issued also rose by a solid 7.5 percent in the month, to a seasonally adjusted annual rate of 685,000 units.
“Today’s report is very encouraging, because it signifies that home builders are confident enough to begin work on homes that will very likely be completed after the expiration of the home buyer tax credits,” noted NAHB Chief Economist David Crowe. “The solid gain in permit issuance last month is particularly welcome news, since those numbers are generally a reliable indicator of future building activity. That said, considerable headwinds continue to impede housing’s recovery, including the critical shortage of credit for housing production that is stifling new development in reviving markets.”
Regionally, combined single- and multifamily starts activity rose 8.3 percent in the Northeast.
For more information about the real estate market in the western suburbs, call Jane Neilson at 781-223-7338 today!
| Contributed by Jane Neilson jneilson@pinnaclehouses.com Cell Phone: (781) 223-7338 | Office Phone: 781-237-5000 http://www.janeneilson.com |
