Annualized Single-Family Housing Starts dropped 1 percent in January to 413,000 units nationwide, it’s lowest reading almost 2 years. The headlines would have you believe otherwise.
Category: Homebuilders
Home Builders Report Higher Sales Levels In January
Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway.
Home Builders Slowed By Economy, But Seeing More Foot Traffic
Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.
Why Builder Confidence Surveys Matter To Buyers Of New Homes
Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.
Homebuilders Expect A Surge In New Home Sales
According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking new home inventory plus higher-quality foot traffic is boosting builder optimism.
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.
As Homebuilder Confidence Stagnates, Deals Abound
Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low.
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.
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.
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