McKinney, Allen, Frisco, Plano TX real estate
North Texas Homebuilder confidence is soaring. New subdivisions have opened in Collin County, where there is still more land set for development. Homebuyers are swarming the model homes, and week-end traffic is brisk. Sizable gains have been realized for the second time in three months, according to the Housing Market Index reports by the … [Read more...]
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, annualized 343,000 units sold -- its second-highest reading since April 2010. April 2010 marked the … [Read more...]
Is a new home in your future? Homebuilder Confidence is on the rise once again. After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month basis in 10 years, and raises the index to a … [Read more...]
Home builder confidence in the newly-built, single-family housing market remains high in north Texas and nationwide. In March, for the second consecutive month, the National Association of Homebuilders reports the Housing Market Index at 28 -- a doubling of the reading from just 6 months ago and, along with last month, the highest HMI value … [Read more...]
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October -- a 4 percent increase from September and the highest reading in 3 months. A "Housing Start" is a home on which ground has been broken. The increase in surprised … [Read more...]
Homebuilder confidence is rebounding sharply. This is a significant indicator for north Texas, still a destination state for many relocations. Homebuilders are active in all price ranges and single-family development is still underway. Just one month after falling to a multi-month low, the Housing Market Index rebounded four points to 18 for … [Read more...]
Homebuilders are feeling worse about the market for new homes nationwide. With construction credit tight and competition from foreclosures increasing, the National Association of Homebuilder's Housing Market Index slipped 1 point in September, falling to levels just below the index's 12-month average. The HMI measures homebuilder confidence … [Read more...]
Information is deemed reliable but not guaranteed.
