Bob Elliot
30+ Yrs Industry Experience
Minneapolis,
MN
More about me…
eXp Realty
Address: 15451 Founders Lane, Apple Valley, MN, 55124
Mobile: 612 868 5500
Mobile: 612 578 6162
Real Estate Experience Matters! Local and national market news, trends, and updates.
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. 
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