Plan to Wait for New Construction Homes, Where and Why. Residential new build homes are not exactly flying off the shelf lately. It’s not because people aren’t buying brand new homes, quite the opposite. As a matter of fact, Phoenix AZ alone forecasts nearly 30,000 new home permits by the end of 2017. That doesn’t… Read More
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
