Builder Confidence: October Marks Second Record-High Month
In a continuing display of a strong market rebound following the coronavirus outbreak earlier this year, builder confidence for newly built single-family homes increased by two points to 85 in October. This figure surpasses the previous all-time high of 83 as reported...
Builder Confidence Makes Return to Pre-Pandemic Levels
Builder confidence jumped significantly in July by 14 points to 72, signaling that the housing market is in the midst of recovery even as the coronavirus pandemic continues to impact the globe. The latest National Association of Home Builders/Wells Fargo Housing...
Builder Confidence Lights Up
Builder confidence is igniting, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The February Index reads 62; in January, it was 58. At 51 or higher, the general outlook is positive. “Ongoing reduction...
Builder Confidence Healthy in July
Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one....
How to Convert More Buyers to Sold in a Fast Market
Panicked due to lack of inventory? Frustrated by losing sales to the competition? Cleve Gaddis recently shared 12 tips to help buyer's agents create more sales by providing greater value.
Read them here.
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