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Homebuilder Confidence Rises 6 Points for July

The National Association of Home Builders/Wells Fargo Housing Market Index showed builder confidence in the single-family housing market reached its highest level in nearly a decade in July. According to the report, the index increased six points to a reading of 35 during the month, indicating sentiment in the new-home sector is strong.

Builder confidence increased by solid margins in every region of the country in July as views of current sales conditions, prospects for future sales and traffic of prospective buyers all improved.

The rise in confidence, along with record low mortgage rates and favorable home prices, the market for home buying is in great shape and could potentially lead to a recovery.

The index also showed positive signs for future sales, as the component measuring that figure increased 11 points.

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About driggersteam

We want to help you find the right home for your family in an honest and professional way. We love the opportunity to work with buyers and sellers. Whether first time home buyers or experienced home buyers, we are ready to help you! We have the experience needed to ensure a smooth and easy transaction. With highly trained negotiating skills, we can help you get the right price for your home. We are determined to work hard for our customers and clients. It is our pleasure to offer you an overview of the Warner Robins Georgia area real estate market. As REALTORS® who know the Warner Robins area inside and out, We have the ability to represent both home buyer and home seller equally, ensuring that both parties find just what they are looking for in their real estate transaction. Give us a call or email today! Call Anisa at (478) 256-1064 or Mick at (478) 256-0979.

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