Homebuilder Confidence Reaches New Heights

What effect might homebuilder confidence have on the real estate market?

For all buyers, sellers investors and real estate entrepreneurs, gaining insight to what might be over the horizon in real estate can make you thousands of dollars. The latest news in the world of real estate and new home construction is that home builder confidence has reached the highest levels since 1999! Today, we will talk about that and reflect on what that meant to the market then. What followed and what might we see as a result.

We will also take a look at what Realtors across the country expect to happen in their markets. Plus discuss why we may want to verify those expectations ourselves.

Finally, we will also check out the 4 reasons why home builders have been hesitant to jump in and build affordable housing.

Todays Links:

https://magazine.realtor/daily-news/2019/12/16/4-reasons-there-s-not-enough-building https://magazine.realtor/daily-news/2019/12/16/where-realtors-expect-highest-price-gains https://www.cnbc.com/2019/12/16/homebuilder-confidence-jumps-to-highest-level-in-20-years.html https://www.macrotrends.net/1314/housing-starts-historical-chart

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