Builders Reporting Strong Spring Sales

Builders Reporting Strong Spring Sales

Consistent with anecdotal reports from in the trenches, the data seems to be proving out that the spring selling season is shaping up to be an improvement over the prior year. Since the great downturn, the new home market has struggled to gain traction on a path towards recovery and has been moving in fits and starts. Nevertheless, overall, there are positive indications, so far, that this year could be an inflection point in the cycle.

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Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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