Housing Starts
Definition of "Housing starts"
A measure of actual starts of houses, condominiums, and apartment construction. When an economy is going to take a downturn, the housing sector is the first to decline. The strength in housing starts means not only that the housing industry is healthy, but suggests strength in the overall economy. Housing starts figures are issued monthly by the Department of Commerce. Housing is a key interest-sensitive sector that usually leads the rest of the economy out of the recession. For the housing sector to be sustained, housing start figures need to be backed by building permits. Permits are considered a leading indicator of housing starts.
Popular Real Estate Terms
An attic is an accessible room or space between the roof rafters and ceiling joists of a structure. The attic can be completely finished as a habitable place, complete with floors, ...
Landlord's right to receive the value of the tenant's property to pay for unpaid rents or for damages to the leased premises. ...
Agreement to transfer funds to a third party. ...
Factors affecting the useability and value of property. Important land features would include whether the land was flat or hilly, cleared or uncleared, high or low elevation, dry or swampy, ...
Home inspector is the name the real estate industry calls the professional responsible for the close and thorough examination of a property. The home inspector usually is called upon ...
The definition of the price-to-rent ratio is very important for real estate investors. This ratio is a measurement for the affordability of a particular rental property and tells investors ...
The process of entering a conveyance or mortgage instruments affecting the title to real property in a public registry. Recording instruments provide public notice to the whole world of ...
Increased satisfaction a buyer obtains from the purchasing an additional unit of a good, service, or property. ...
Index of the costs to construct residential properties. ...
Have a question or comment?
We're here to help.