Tag Archives: economy

Most reports about millennials have shown that this younger age group is delaying major purchases and life changes due to the recession and an immense amount of college debt. Most millennials are single, pay rent and spend less on items …

Fewer homes sold in 2014 in the U.S. than in 2013, and home prices rose, according to new data from the National Association of Realtors. About 3 percent fewer homes sold overall, a drop from 5.09 million sales to 4.93 year-over-year, the …

House-Hasson Hardware Company helped customers design and build more than 20 percent more new and remodeled hardware stores and lumberyards year-over-year. The store-set increase to 37 projects in 2014 was accelerated by a trend that began in earnest in 2013 for two reasons, …

The National Retail Federation’s look back on the 2014 holidays shows that combined sales from November and December beat 2013’s total by 4 percent. Holiday retail sales were $616.1 billion during the 2014 holiday season, nearly reaching predicted growth of 4.1 …

As the economy continues to strengthen, a growing group of young professionals is expected to buy real estate. The number of first-time homebuyers was at a 30-year low in 2014, but Douglas Duncan, chief economist at Fannie Mae, predicts the improving economy …

Consumer confidence increased in December, rising nearly 14 percent from December 2013, according to recent research. The Surveys of Consumers from data providers Thomson Reuters and the Institute for Social Research shows that consumer confidence in the national economy was higher in December …

Kitchen upgrades drifted to the back burner for many homeowners during the recession years, but a growing number of consumers can now afford the extra home improvement projects. One-third of more than 3,500 respondents to a Houzz survey say they finally have …

Sales of existing homes dropped in November. The decrease from October to November was 6.1 percent, with the market faltering in advance of the slower winter months. Sales of previously owned homes have hit their lowest level since May, according to a Forbes …