Homebuilders

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

October 19, 2010 by admin · Leave a Comment 

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

September 30, 2010 by admin · Leave a Comment 

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?

August 17, 2010 by admin · Leave a Comment 

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

July 20, 2010 by admin · Leave a Comment 

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.