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News

Housing Starts Up, Rentals Up More (Forbes)
April housing starts were up overall, but fewer single family homes were started.

Home Builders Association endorses Lenthall, Ovitt and Arnold (The San Luis Obispo Tribune)
Supervisor candidates Jerry Lenthall, Harry Ovitt, and Debbie Arnold have won the endorsement of the Home Builders Association of the Central Coast in the June 3 election. Incumbents Ovitt and Lenthall and challenger Arnold “recognize that meeting the housing challenges of today and tomorrow requires balancing competing interests and making sure that we really plan for and meet the current and ...

April housing starts rise best since Jan 2006 (Reuters via Yahoo! News)
Construction starts on new U.S. homes rose by a surprisingly strong 8.2 percent in April and applications for new building permits turned up for the first time in five months, the Commerce Department said on Friday in a report showing the hard-hit housing sector still had some spring vigor.

Oil, Housing Hit Stocks (Forbes)
Wall Street slides into the afternoon on bleak housing data and pricey crude.

Housing posts surprising rebound in April (AP via Yahoo! News)
Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.

Area resident receives Alabama Home Builders Foundation scholarship (Clanton Advertiser)
MONTGOMERY - A Chilton County resident has been awarded a scholarship from the Alabama Home Builders Foundation, an arm of the Home Builders Association of Alabama (HBAA).

FOX 5 MONEY: Home Staging (FOX 5 Washington D.C.)
If you're trying to sell your house in this economy, you may want to pack your patience. With more than 4 million pre-owned homes for sale, how can you make yours stand out from the rest? As Fox 5 Money reporter Melanie Alnwick explains, a trend called 'home staging' might just give your home enough curb appeal to seal the deal.

Brokers defend database rules in Columbia-area home listings (The State)
A group of Columbia-area real estate brokers who control a vital database of homes for sale operate by unusual rules that can hurt consumers, federal regulators and some real estate agents said. The costly rules restrict membership of some smaller agencies that could save home sellers around $3,000 in commissions on the sale of an average-price Midlands home, critics said. The U.S. Department of ...

Customer Service (Brandon Sun)
TORONTO - New listings of homes for sale on the Multiple Listing Service in major markets in Canada reached their highest level ever in April thanks to Toronto and Saskatoon, the Canadian Real Estate Association reported Wednesday.

Consumer grim as stagflationary 80s; housing mixed (Reuters via Yahoo! News)
Consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems still plaguing the economy.

Home Builders group gathers, has auction (The Index-Journal)
Lakelands Home Builders Association made donations to state Sen. Billy O’Dell’s election campaign, as well as to G. Frank Russell Career Center. From left, front row, are O’Dell (District 4), Robby Corley and Wayne Hannah. Back: Mark Nix and Chuck Graves.

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