Builder Confidence News Today

pass, texas where a record 12,600 migrants have crossed in a single 24-hour period. theres never been more. write it down in pencil. desperate times apparently call for desperate measures. wait till you hear what texas is doing now because it says washington is doing nothing now. we are now. you know, the numbers are staggering. they keep changing day by day. another record, another day. these are numbers heretofore thought impossible to get to. that you couldnt possibly get anywhere n...

Renewed optimism in housing market with increased single-family home builds

Younger buyers priced out, and builders face loan challenges as rates remain stubbornly high

However, high mortgage rates continue to push up construction costs

/PRNewswire/ -- Builders Capital announced today that it closed on the first $300 Million of what will be a multi-billion dollar capital raise. Builders...

Despite challenges, experts believe a rebound in home building could be underway in 2023

The Housing Market Index (HMI) from the National Association of Homebuilders (NAHB)--typically referred to simply as "builder confidence"--is argued to be both an advance indicator and a lagging indicator depending on who is doing the arguing.  It was more prescient as a harbinger of better times ahead roughly a decade ago, but most recently, it was a bit late to drop compared to New Home Sales. There's more correlation and more sense of it being an adva...

Construction backlogs rose to nine months last month, according to a member survey from a national trade association.

Homebuilder confidence fell for the eighth straight month in August, with experts blaming elevated mortgage rates and construction expenses for the crisis.

Housing industry continues to be beset by a host of challenges