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Home Builder Confidence Reaches Highest Level Since 2005

[fa icon="calendar'] Mar 21, 2017 12:28:36 PM / by Eustis Mortgage posted in mortgage news, home builder confidence

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According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), home builder confidence has climbed to a reading of 71—that’s the highest level of confidence in 12 years! Any reading above 50 is known as positive home builder sentiment, and with this month’s reading jumping 13 points since last March and six points since April, potential homebuyers can only hope the housing market will remain “good” throughout the upcoming months.

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