Homebuilder Optimism Looking Up
April 15, 2015

Homebuilder Optimism Looking Up

The NAHB Builder Confidence Index rose 4 points in April to 56. This was the first rise in five months although the index had never dropped below 50 during this span which is the critical threshold for negative versus positive sentiment. The gap between building permit activity and new home starts also appears to be growing indicating that builders are anticipating higher levels of future construction.

Read More

Previous Harridge Picks-Up Northridge Site
Next More Mixed Signals
Tags Building PermitsNAHB
Category Housing Market

About author

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.

View all posts by this author →

You might also like

Housing Market

What Will Really Solve California’s Housing Crisis? MARCH 6, 2017 | BY CARRIE ROSSENFELD

By Carrie Rossenfeld IRVINE, CA—We need to stop addressing this issue through competing interests fighting each other, and the state needs to find a way to bring those interests together

Macro Impacts to Housing Market
Housing Market

Macro Impacts to Housing Market

Daren Blomquist with RealtyTrac discusses the impact of various macro-economic factors on the housing recovery. Among the factors discussed are the stock market, oil prices and the influence of foreign

Housing Market

California Home Sales Pick Up Pace