Builder Confidence Is Up: Highest Point Since 2006

 Confidence in the housing market rose for the eighth consecutive month this month amongst home builders.  The National Association of Home Builders and Wells Fargo & Company placed the reading at 47- the highest reading since April of 2006, according to the Los Angeles Times. 

Although we are not out of the woods yet from a National Housing recovery, the numbers and the confidence amongst buyers is the strongest its been in over five years.  As foreclosures shrink and inventory remains low, more folks are turning to new home sales incentivized by the often excellent credits builders can offer at closing. 

Most experts agree that builder confidence is a pivotal statistic to watch as a sign of housing recovery.  If you are sitting on the fence waiting for conditions to get “better” perhaps it’s worth a second look.  Many experts agree that the bottom has long since past.  Don’t miss your opportunity to own a piece of the American Dream:  Home ownership.  And in San Diego, what better place to own a home?


San Diego Housing Market finishes with a bang in 2012

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