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Tag: builders
Business
With December bump, U.S. home builders started 9% more homes in 2014
Despite an up and down year heavily-influenced by apartment construction, home builders in the U.S. began work on more new homes in 2014 than the previous year. During December, starts on both single-family homes and apartments rose 4.4 percent to a rate of 1.043 million, according to preliminary data from the commerce department. The final tally for […]
January 21, 2015
Business
Builder confidence up on strengthening housing market, but majority rate still rate it “fair” or “poor”
Though the reading is not at a point where more home builders view the current market for newly-built, single-family as “good” than “poor,” builder confidence improved three points to a 44 on the May edition of the National Association of Home Builders/Wells Fargo Housing Market Index.  The monthly survey asks home builders to rate current […]
May 15, 2013
Business
Permits, labor shortage cause delays as builders scramble to meet huge housing demand
“I’ve also never seen a market turn so quickly.” That’s what Kurt K. Colgan, a broker with Lyon Real Estate of Sacramento, California, recently told the New York Times about the recent housing boom. Despite how eagerly-awaited housing’s return has been, its sharp rebound has taken home buyers, sellers and builders by surprise. As a […]
March 25, 2013
Business
Builder confidence index rises to highest level in more than 6 years
Builder confidence for newly built, single-family homes rose to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) in December. The two-point gain from November marks the eighth consecutive month builder confidence has risen and the highest level the index has seen since April 2006. “Builders across the […]
December 18, 2012
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