Mixed Construction Numbers and Important News for Sellers

Hi Folks,

   Good Morning and I hope your week is going well.

   As of this morning, the October figures for New Residential Construction were released, which encompasses building permits, housing starts, and housing completions.

   To summarize, both privately-owned housing units authorized by building permits and the single-family authorizations were up from September. Privately-owned housing starts in October were down substantially (in excess of 11% !) from September, while single-family housing starts were down marginally. The last piece of data shows that privately-owned housing completions in October were below the September figures, while single-family housing completions were above the September numbers.

   Now, as the subject of this post mentioned - "Important News for Sellers":

   We are offering 50 Free Seller Ads (2-Month Ad duration) - so you can list your home for Sale or for Rent to Own (a $9.99 value). Is there a catch? Not at all. Let's just call it some early "Holiday Spirit".

   If you are selling a home, how can you grab your free Ad? Just CLICK HERE to send us the E-mail address that you will use to create your ad. We will then send you a user name, password, and the link to log in and place your Ad, add images, etc. This is a very rare opportunity, trust me, so make sure you stake your claim today...CLICK HERE.

Have a Great Day, and Happy Rent-to-Owning !
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com/

Mixed Message from The New Residential Construction Numbers

Hi All,
   It's time for the mid-week "Hello"...so, Hello.

   As the title suggests, the New Residential Construction Numbers were released yesterday, and it has arrows pointing all over the place. There are 3 main components: Building Permits, Housing Starts, and Housing Completions.

   In terms of Building Permits, for privately-owned units, the numbers came in below the August rate and well below September 2009. Single-Family authorizations were slightly above August. What can we tell from this component. Not much, just that the privately-owned side has taken a large hit.

   For the Housing Starts component, privately-owned starts were slightly above August and well above September 2009, while single-family housing starts were also well above September 2009.

   Finally, for Housing Completions, privately-owned housing completions were well above August, however, substantially below September 2009, while single-family housing completions were well above August. Within these figures, we can certainly see some positivity over the past month vs. the past year. However, I don't want to rain on any ones parade, but the HUD does add a disclaimer as follows, "In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take 3 months to establish an underlying trend for building permit authorizations, 3 months for total starts, and 5 months for total completions."

   OK, now onto a new topic, which is a response to a question from one of our readers, who has asked us for the locations of our other Social Media accounts. Since we are listed on quite a lot of them, I have listed the main ones for her (and your) convenience:

Twitter: http://twitter.com/homerunhomes
Facebook: http://www.facebook.com/homerunhomes
Facebook Page: http://www.facebook.com/lease2buy
LinkedIn: http://www.linkedin.com/in/homerunhomes
MySpace: http://www.myspace.com/lease2buy
Google Profile: http://www.google.com/profiles/lease2buycom
FriendFeed: http://friendfeed.com/homerunhomes
Plurk: http://www.plurk.com/homerunhomes
YouTube: http://youtube.com/user/renttoownleaseoption
ITunes: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=373351426

Have a Great Week, and Happy Rent-to-Owning !!