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Tag Archives: Builders sentiment survey
Much More Housing Needed
The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading
Builder Sentiment Holds, Housing Starts Booming
The Mortgage Corner Builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).“Confidence levels are hovering above the 50-point mid-range, … Continue reading
Housing Construction Soars
The Mortgage Corner Housing construction is taking off, as I predicted two weeks ago. The numbers show actual construction starts accelerating as well as building permits for future construction. It is also boosting builder confidence to a level that signals … Continue reading
Is Builder Optimism, New Home Construction Faltering?
The Mortgage Corner Will new-home construction falter, now that interest rates are rising and consumers remain unsettled over Washington’s political gridlock that prevents any legislation being passed that would aid economic growth? Builder confidence in the market for newly built, … Continue reading
Government Shutdown Dims Builder Optimism
Financial FAQs New-home construction is already a casualty of the government shutdown, and even sequestration agreement that has cut government hiring and spending more than $1.6 trillion to date. But its effect would be mitigated if interest rates remain low, … Continue reading
Housing Starts, Builder Confidence Improve
Popular Economics Weekly Housing made somewhat of a comeback in July and taking into account wet weather on the East coast should be taken as stronger than face value. Housing starts in July rebounded 5.9 percent after falling 7.9 percent … Continue reading
Builder Confidence Soaring
The Mortgage Corner The National Association of Home Builders just announced that home builder confidence soared to the highest level since 2006, the height of the housing bubble. This can only mean more new-home construction to fill the pent up … Continue reading
S. California RE Sales Return to 2006 Levels
The Mortgage Corner DataQuick just reported Southern California homes sold at the fastest pace for an April in seven years amid the release of pent-up demand for move-up homes and high levels of investor purchases. This is while April new-home … Continue reading
Builder Confidence Highest Since 2007
The Mortgage Corner Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing … Continue reading
Builder Confidence Rises Five Points in May
The Mortgage Corner It may not seem like much in such a depressed real estate market, but builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous … Continue reading