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Neighbor News

Builder Confidence Hits 11-Year High

With the weather and the real estate market heating up this spring, there will be a surge of new construction coming to the market soon.

Keith Kreis, Neighbor

Posted Fri, Mar 10, 2017 at 12:00 pm CT|Updated Fri, Mar 10, 2017 at 1:00 pm CT

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. According to a recent survey conducted by the National Association of Home Builders (NAHB) and Wells Fargo, housing market confidence amongst builders reached an 11-year high last month. steps in buying a house What Does High Confidence Mean for the Housing Market?

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