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Tag Archives: Homebuilders

Builders Expect Strong Years Ahead

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.

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Homebuilder Sentiment Cools in February

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."

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Housing Markets Make Modest Gains in Q4

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.

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Homebuilders Finish Best Year for Housing Starts Since 2007

Builders broke ground on new residences at a seasonally adjusted annual rate of 1.09 million in December, an increase of 4.4 percent month-over-month and 5.3 percent year-over-year, the Commerce Department reported Wednesday. For the entire year, the government estimates homebuilders started on 1.01 million new units, making 2014 the first year since 2007 that starts topped the 1 million mark.

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