Posts Tagged ‘NAHB’
For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index’s highest reading since May 2007.
Tags: Homebuilder Confidence, Housing Market Index, NAHB
Posted in Housing Analysis | Comments Off
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In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. Homebuilder confidence is at a 19-month high.
Tags: HMI, Homebuilder Confidence, NAHB
Posted in Housing Analysis | Comments Off
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Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
Tags: HMI, Housing Market Index, NAHB
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The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. Nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200.
Tags: Home Affordability, Home Opportunity Index, NAHB
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Homebuilder confidence is bouncing back. One month after an unceremonious dip highlighted by poor sales figures and dim prospects for the future, the National Association of Homebuilder’s Housing Market Index rebounded two points to 15 in July.
Tags: HMI, Housing Market Index, NAHB
Posted in Housing Analysis | Comments Off
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If you’re a home buyer and have considered “buying new”, the time may be right for making an offer. Financing is cheap, home values are low, and builders are pessimistic — a terrific combination for today’s home buyer.
Tags: HMI, NAHB
Posted in Housing Analysis | Comments Off
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According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It’s the 5th time in 6 months that the index read 16 — a figure exactly in line with the 1-year average, but still considered “poor”.
Tags: HMI, Housing Market Index, NAHB
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According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months.
Tags: HMI, Homebuilders, NAHB
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Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.
Tags: HMI, Housing Market Index, NAHB
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Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.
Tags: HMI, Housing Market Index, NAHB
Posted in Homebuilders | Comments Off
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According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.
Tags: Housing Starts, NAHB
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According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.
Tags: HMI, NAHB, New Home Sales
Posted in Homebuilders | Comments Off
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The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest.
Tags: Mortgage Rates, NAHB, PMMS
Posted in Weekly Review | Comments Off
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Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low.
Tags: HMI, NAHB
Posted in Homebuilders | Comments Off
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After reaching a 3-year high just 90 days ago, the National Association of Homebuilders’ Housing Market Index is now at a multi-year low after falling by almost half.
Tags: HMI, Housing Market Index, NAHB
Posted in Homebuilders | Comments Off
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Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.
Tags: HMI, Housing Market Index, NAHB
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Mortgage rates are artificially right now so even the slightest jolt could cause them to spike. It would be similar to what happened in June 2009 when rates rose 1.125% in just 10 days’ time. Therefore, if you’re shopping for a mortgage and like the rate you’ve been quoted, consider locking in as soon as possible.
Tags: inflation, Mortgage Rates, NAHB
Posted in Weekly Review | Comments Off
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With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.
Tags: Home Opportunity Index, NAHB
Posted in Home Values | Comments Off
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