Tag Archives: Homebuilders

Millennials are starting to move into the housing market, but with inventory dwindling they may be out of luck. The solution? Newly built homes. Though millennials are often first time buyers, it does not necessarily mean they are starter home buyers.

According to a new survey, homebuilders are largely optimistic about the next two years, with 82 percent anticipating an uptick in residential construction over the period. Builders also expect most buyers to need 30-year loans or construction-to-permanent loans. The survey also polled builders on working with loan officers, buyer hurdles, and the impact of rising mortgage rates.

December was a banner month for builder confidence in the single-family housing market as builders anticipated regulatory relief from the incoming administration. What happened to builder confidence in January?

How confident are single-family homebuilders heading into the new year now with a new administration set to begin? They have not been this confident in more than 11 years, according to one analysis.

Though homebuilding hiring has increased, the number of unfilled jobs in the overall construction sector is growing and homebuilders can't seem to shake one particular worry looking ahead in 2016.

Homebuilders may be busy heading into the spring homebuying season, which according to Fitch Ratings, is traditionally more upbeat than the rest of the year.

After a reaching levels not seen since November 2005 in August, builder confidence for newly constructed single-family homes continued to climb in September with a one point increase to a level of 62.

The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index fell two points in the association's February reading, coming in at 55 for the month, the group said Tuesday. NAHB Chairman Tom Woods said February's slight decline is "largely attributable to the unusually high snow levels across much of the nation."

The index ticked slightly upward in Q4 to 0.90, one point higher than Q3's revised figure of 0.89. The number of markets at or above their normal levels in Q4 increased from 60 in the previous quarter and from 52 in the same quarter a year earlier.

In the wake of the National Association of Home Builders' (NAHB) latest confidence index, builders convened in Las Vegas this week to discuss housing trends over the last few months and what they expect to see in 2015.