Builder Confidence Jumps!

Builder Confidence Jumps!

Builder Confidence Sees Biggest Jump in 10 Years, But is Still in The Toilet The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shot higher in February, achieving a second monthly gain. NAHB’s chief economist Robert Dietz said the 7-point increase in the HMI brought it to 42, its highest level since September 2022. "The increases indicate that incremental gains for housing affordability have the ability to price-in buyers to the market. While the HMI remains below the 50-point breakeven level, Dietz noted that the 11-point gain over the last two months is a positive sign for the market. " Builders continue to offer incentives to attract buyers, but the numbers are improving. Fifty-seven percent offered some type of incentive in February, down from 62 percent in December and 59 percent in November.

Start Your Home Search Today!

CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale

#homebuilder #homebuilders #pultehomes #mortgagerates #homebuilders #mortgagerates #housingmarket #builders #homebuilders #florida #floridarealestate #fhamortgage #housingmarket #homebuyers #orlandofl #orlandorealtor #orlandorealestate