Tag Archives: builders confidence

Housing Market Will Survive Coronavirus

Posted on March 24, 2020 by

The Mortgage Corner NAHB.org What happens to housing with the COVID-19 pandemic? It had been on the road to recovery with record low interest rates; so much so that single-family housing starts have been soaring since 2019 as more millennials … Continue reading →

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Single-Family Construction Exploding

Posted on March 16, 2017 by

Popular Economics Weekly Starts on new houses climbed 3 percent in February to the second-highest level since 2007, reflecting pent-up demand in a steadily growing economy that builders are aiming to address. And builder optimism continues to rise to new … Continue reading →

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Much More Housing Needed

Posted on August 22, 2016 by

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 →

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Builder Optimism Returning to Historical Levels

Posted on June 17, 2016 by

The Mortgage Corner After holding steady for the past four months, builder confidence in the market for newly constructed single-family homes rose two points in June to a level of 60 on the National Association of Home Builders/Wells Fargo Housing … Continue reading →

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Where Are The New Homes?

Posted on March 24, 2016 by

The Mortgage Corner Sales of newly built, single-family homes rose 2 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 512,000 units, according to newly released data by the U.S. Department of Housing … Continue reading →

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Housing Construction Soars

Posted on June 17, 2015 by

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 →

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Is Builder Optimism, New Home Construction Faltering?

Posted on November 19, 2013 by

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 →

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Government Shutdown Dims Builder Optimism

Posted on October 16, 2013 by

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 →

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Housing Starts, Builder Confidence Improve

Posted on August 19, 2013 by

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 →

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Builder Confidence Soaring

Posted on July 16, 2013 by

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 →

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