Affordability Pressures Keep Builder Confidence Low

Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs, with the latest data and analysis from homebuilders painting an overall still-muddled picture of near-term housing demand and affordability. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to…
The post Affordability Pressures Keep Builder Confidence Low appeared first on RISMedia.
Categories
Recent Posts

Mortgage AI is evolving. The next step is connecting the systems behind it.

The income is real. The paperwork just doesn’t tell the full story.

Don’t let the 21st Century ROAD to Housing Act become a road to nowhere

Redfin Partners With Winnie to Display Childcare Info on Home Listings

Esteemed Architect Martin Gelber’s Late Modern Los Angeles Home Hits the Market for $3.75 Million

‘Real Housewives of Beverly Hills’ Star Kyle Richards Shares Emotional Message From Mauricio Umansky on Their 30th Anniversary Amid Separation

Soft Staging Ideas to Make Your Home More Inviting

USDA Loan Advantages and Disadvantages

Southern Land hires Highland Homes vet to lead homebuilding

Backyard Housing Boom: L.A. Sees Record Level of ADU Construction After Easing Restrictions


