New construction housing is in a post-recession rally. As reported by the Census Bureau, on a seasonally-adjusted, annualized basis, last month’s Single Family Housing Starts rose 5 percent to 539,000 units nationwide. This is the highest reading since April 2010, the last month of that year’s federal home buyer tax credit. A “housing start” is [...]
Homebuilder Confidence Doubles In 12 Months
July 18, 2012 By Leave a Comment
Homebuilder confidence is soaring. All around the Fox Valley, we see new homes being started and construction workers back at work. For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains. The Housing Market Index measures homebuilder confidence in the new construction market and [...]

