New Homes in Houston TX by Long Lake

Construction Spending Reaches the Highest Value in the Last Five Years

The amounts which are being spent on home construction reached their highest value to be ever recorded in the last five years in the month of April.  This shows a rise in activity levels, indicating that the home building pace has somewhat improved. In the month of April, construction spending rose by around 0.2% and reached an amount of $953.5 …

New Homes in Houston TX by Long Lake

Housing Market & Economic Trends

The economic trends of the housing market over the last decade have been all over the place.  Home prices were soaring until the year 2005, when they spiraled down at a fast pace.  Home prices started to increase again in 2012.  But, how strong is the housing recovery and what will home prices look like over the next decade? In …