Home Builder Confidence Up Across The Nation A baby step in the positive direction. I just want to share any good news I can possibly find!
The National Association of Home Builders (NAHB) reported that home builder confidence saw a noticeable rise this month. After a nine-onth low in June, home builder confidence saw an increase for the month of July when the National Association of Home Builders reported the reading was 15 for building confidence up from 13 last month. The increase is a step in the right direction, but any number under 50 is still considered as an indicator of a poor condition.
2,047 new homes were started in the Austin area during the second quarter of 2011, which is 3.22 percent less than the same time period during 2010. NAHB Chief Economist David Crowe said, "We view the upward movement in the July HMI as a correction from an exceptionally weak number in June that was at least partly attributable to negative economic news and the close of a disappointing spring selling season.”
A new-construction home provides you with the opportunity to have a home that meets all your needs. In today’s real estate market you can find a new-construction home that is comparable in price to that of an existing home.
If you are looking for a new-construction home in the surrounding Austin area contact the Shane T. White Team if you are looking to buy or sell your home. Discover what it is like to work with a team with a real passion for real estate. Contact us today at (512) 515-LAND (5263). We are here for you to help you buy or sell real estate near Austin in the Liberty Hill area, including Leander, Georgetown, Cedar Park, and Bertram.