Why Are Existing Home Sales Tanking? *check in tomorrow, for How to Buy a Home in a Seller’s Market. I wouldn’t exactly call it a plummet, but there’s been a definite, noticeable decrease in existing home sales. This is not to say that home buyers are disappearing, not even close, it’s to replay my mantra… Read More
Newly Constructed Single Family Homes
October Shows Three-Point Increase in Builder Confidence
Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This month’s reading is a return to HMI levels seen at the end of the housing boom in late 2005. “The fact that… Read More