As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

October 19, 2010 by · 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.

Share

Sagging Homebuilder Confidence Opens The Door For Good Deals

July 20, 2010 by · 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.

Share