Single Family Housing Starts Rose in September

Starts of single-family homes rose 3.9 percent to a 501,000 rate in September.  ”Housing starts” are the number of residential building construction projects begun during a specific period of time, usually a month; a key economic indicator.

This good news on housing starts is in addition to other recent positive housing news:

New Jersey Home Sales Rise for Sixth Month In a Row

Existing Home Sales Rise at Record Pace in July

Huge News – Housing Prices Rise for the First Time in Nearly 3 Years

If you look back to the beginning of the year and consider where we are now, versus then, you will clearly see signs that housing is on the road to recovery.   The path may not be a straight line, and there’s bound to be hiccups, but we seem to be on the right track.

 

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About Al Donohue

Al Donohue heads up Marron Gildea & Donohue’s Ridgewood office and is one of the top agents in Bergen County.

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Al attributes much of his success to lessons learned during his years as a top sales executive on Wall Street. Most of Al’s clients are busy professionals and business owners and they love the fact that he speaks their language and understands the incredible demands on their time. Al stays in constant touch with his clients not only through phone calls and face-to-face meetings but also through email, instant messaging, and web pages created specifically for his clients. Clients can view the status of the sale of their home, read feedback from agents that have shown their home and review the status of their personal marketing plan 24-hours-a-day via their personal web page.

Al understands that technology is just a tool and says it is really his focus on providing world class customer service that has enabled him to achieve great results for his clients. He says the key to his success has been his ability to listen more than he speaks and always put the needs of his clients first.

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