Homebuilder Confidence Slips in February
The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in lower buyer traffic levels in active communities. Index readings above 50 are considered to reflect a generally positive sentiment within the industry.
About author
You might also like
Leader of the Pack
Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it
How Will Big Builders Use $1 Billion Plus in Tax Cuts?
By John McManus Amid, in spite of, and–quite possibly–a cause factor in the sudden paroxysm of volatility roiling global stock markets, economic strength, jobs, and wage growth among American households
Warmington Residential Names New Presidents in Two Homebuilding Divisions
Warmington Residential has announced new Presidents in its two California divisions. As of January 1, 2017, Tom Hildebrandt is President of the Costa Mesa-based Southern California division and Ryan Gerding
