Builder Confidence Reaches All-Time High

By |2020-11-20T22:29:26-05:00December 6th, 2020|Categories: Investing, Investment, Investments, New Construction, New Home Development, New Homes, Real Estate, Tips|Tags: , , , , , , , , |0 Comments

Home builders are confident about current single-family home sales and sales expectations for the next six months. As a house flipper this can be a positive sign for the fate of projects you’ve got in progress, and in the pipeline. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which measures builder confidence, reached 90 points in November (on a scale from 0 to 100), according to an article published on the NAHB website. This is the highest score ever recorded since the index was created 35 years ago, and marks only the third time it has