Tag Archives: home builders

NAHB Says Prospective Buyer Traffic Is At Its Highest Level in 6 Years

| September 18, 2013

The National Association of Home Builders reports that builder confidence in the market for newly built single-family homes held steady in September after four consecutive months of improvements. This year, the component gauging traffic of prospective buyers increased one point, to 47, the highest since October 2005. Any number over 50 indicates that more builders […]

More Existing Home Sales, Fewer Houses Being Built Mean Shrinking Inventory

| February 21, 2013

The recent reports that came out from both the Commerce Department and the National Association of REALTORs paint a dark picture for prospective homebuyers who have either waited to buy a home until they had the money to do so or waited too long because they believed that home prices would drop even further. Commerce […]