· Southland Development Partners of Memphis sold 53 lots in the Wesley Forest Subdivision for $1.1 million to a partnership called Windsor Pointe 2011 LP. The sale occurred Nov. 15. It.
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in November on the NAHB/Wells Fargo Housing Market Index (HMI). This was the highest report since March, and the second highest on record since July 2005.
The National Association of Home Builders recently released their monthly confidence index and at 62, February 2019 marks the highest index in the past four months. The index may be broken down into a subset of categories, all of which show impressive gains, including sales conditions at 67, six-month expectations at 68 and buyer traffic at 48.
Builder Confidence Hits 11-Year High In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage.
A gauge of confidence among home builders rose in September to the highest level in almost nine years, as builders’ views on present and upcoming sales rose.. Home-builder confidence hits.
Single Family Market Builder Confidence Hits 10 Year High Builder confidence in the new, single family home market is at 62 on the Housing Market Index, its highest since October 2015 National.
Builder confidence in the market for newly-built single-family homes took a four-point ascent to a level of 68 in October on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This was the highest HMI reading since May. Source: Home Builder Confidence Hits Five-Month High
$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas In dollar terms, this means that there is some $517 billion in unpaid principal balances in Irma-related disaster areas, nearly three times the amount as in those related to Harvey and more than 11 times of those connected to Katrina.
U.S. home builders’ confidence jumped for a fourth consecutive month in August, as the housing market’s stabilization has been one of the positive developments in the economy in recent months.
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· Home Builder Confidence Hits Five-Month High Mortgage Masters Group Homebuilder sentiment hits 18-year high, beating forecasts published. december 18 2017, 10:50am EST; More in. according to data Monday from the National Association of home builders/wells fargo.. mortgage lender, builder pairings have higher satisfaction levels.