New-home construction rises to six-month high

New-home construction rises to six-month high
(AP:WASHINGTON) Builders broke ground last month on the most new homes in six months, giving the weak housing market a slight boost at the start of the spring buying season.
Read more on INO News

personaL Loan note form construction Loan note form

When you bought your own car, you might not have found the best financing deal. You could have taken out your car financing through a car dealer at an interest rate that is possibly higher than other financers. This could be one of the reasons why you are currently paying way too much your…

Construction laborers and other real estate workers transfer their skills to new jobs

Construction laborers and other real estate workers transfer their skills to new jobs
Sept. 06–In 2007, a booming construction industry employed about one in every 15 workers in South Florida, a total of more than 160,000 people.
Read more on Builder Magazine

UK Construction Activity Dampens In August

UK Construction Activity Dampens In August
(RTTNews) – UK construction sector growth weakened for the third successive month in August from the recent high recorded in May, depressed by a slow growth in housing construction, the latest survey by Markit Economics showed Thursday.
Read more on INO News

Taubman Centers to refinance construction loan on Partridge Creek

Taubman Centers to refinance construction loan on Partridge Creek
Bloomfield Hills-based Taubman Centers Inc. (NYSE:TCO) will refinance its construction loan on the Mall at Partridge Creek with a $77 million CMBS loan, according to industry reports.
Read more on Crain’s Detroit Business

Construction slump’s casualties adrift

Construction slump’s casualties adrift
By MICHAEL SASSO The Tampa Tribune As a few dozen real estate and title insurance agents mingle around a steakhouse’s bar at a networking mixer, one shares a sardonic joke: Is it OK to pray for a hurricane? The storms can devastate, but they also stir up business in real estate and [...]

Are Mortgage Insurance Companies Affecting Your Owner Builder Construction Loan?

An owner builder construction loan, just like any construction loan, will not have any mortgage insurance payments while you build. So, why is it then that mortgage insurance companies are having a huge impact on your ability as an owner builder to secure your loan? The answer lies within the banks’ rules for converting [...]