Janice Ziesig's Blog

Builder Confidence Hits 11-Year High

Posted by Janice Ziesig on April 10, 2017 in No Category
In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage. According to a recent survey conducted by the National Association of Home Builders (NAHB) and Wells Fargo, housing market confidence amongst builders reached an 11-year high last month. What Does... read more
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New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]

Posted by Janice Ziesig on February 16, 2017 in No Category
Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase. The median home price decreased slightly from September’s high of $314,100 to $304,500 in October. The West saw the largest month over month jump in sales at 28.7%. ... read more
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