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Tag Archives: NAHB
Home Builders See More Sales, Higher Prices Ahead
Homebuilder confidence is soaring, reaching levels not seen in more than 4 years. Continue reading
Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume
In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. Homebuilder confidence is at a 19-month high. Continue reading
Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21 Continue reading
Homebuilder Confidence Stays Flat
Homebuilders are feeling worse about the market for new homes nationwide. Continue reading
Home Affordability Still Tops Nationwide
The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. Nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200. Continue reading
Homebuilders Expect A Soft Winter Housing Market
Two months after posting their worst confidence reading of 2011, home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide. Continue reading
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest. Continue reading
Home Builder Confidence Falls Again; Home Buyers Gain Leverage?
After reaching a 3-year high just 90 days ago, the National Association of Homebuilders’ Housing Market Index is now at a multi-year low after falling by almost half. Continue reading
Sagging Homebuilder Confidence Opens The Door For Good Deals
Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger. Continue reading
What’s Ahead For Mortgage Rates This Week : July 19, 2010
Mortgage rates are artificially right now so even the slightest jolt could cause them to spike. It would be similar to what happened in June 2009 when rates rose 1.125% in just 10 days’ time. Therefore, if you’re shopping for a mortgage and like the rate you’ve been quoted, consider locking in as soon as possible. Continue reading