New Construction Reports show signs of improvement

Real Estate Agent with JOY Real Estate

The reports are out! New construction in January rose 2.8% from December and Builder confidence is up!   I know it's too early to celebrate a full recovery, but at least it's an upwards trend.  I've just recently delved into new construction head on, so this is great news to hear, probably why I was so excited to see these reports.

I know in the Greenville area we have seen such builders as DR Horton reemerge from the rubble, and may have more following suit, which is hopefully a good sign for us all. Some of the guys who reemerge from this, should be cautious though, not to repeat the same mistakes they had before.  We must understand the past in order not to repeat it, and I hope those of us who remained in the business throughout what some might have called "turmoil" we walk away from the mess of 2008-2009 better practitioners of our craft.


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