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The MReport Webcast: Tuesday 4/4/2016

Home builders may be a little hesitant in the confidence arena but despite the lack belief in the market, they do appear to be building more homes in the U.S. This rebound in homebuilding is expected to continue throughout the year, but will it solve persistent inventory issues?

 

Wells Fargo 2016 Housing Market Outlook said that homebuilding is expected to experience a gradual recovery. The report said quote single-family construction has been slow to come back on track with long-held norms relative to population and employment growth. We look for stronger gains this year, but improvement will remain excruciatingly slow close quote.

 

Federal Reserve Bank of Boston President Eric Rosengren said on Monday said that investors that believe the central bank would only raise rates one time or not at all this year could be wrong. As the Federal Open Market Committee heads into its third meeting of the year without having fulfilled one of the expected federal funds rate increases, many in the industry are beginning to question if, when, and how many times they will make their move.

About Author: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.
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