With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights.
Tag Archive: NAHB
Sagging Homebuilder Confidence Opens The Door For Good Deals
Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.
Nation’s Supply of New Homes Could Sell in 5 Month’s Time
At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.
Lakeland – Winter Haven Rank Among Florida’s Best for Home Affordability
The Lakeland – Winter Haven areas of Florida rank among the state’s best for home affordability.
