Home Builder Sentiment Unchanged in November

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

According to the National Association of Home Builders Housing Market Index for November, builder sentiment was unchanged at a reading of 63. Readings above 50 indicate that a majority of builders are confident about housing market conditions. Readings for three sub-indexes used to calculate the Housing Market Index Readings for builder confidence in current market conditions and market conditions within the next six months were posted at 69. The reading for buyer foot traffic in housing developments was 47. Buyer traffic has not reached the benchmark reading of 50 since the peak of the housing bubble approximately 10 years ago. continue here: Home Builder Sentiment Unchanged in November

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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

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