June was a good month for builders nationwide, giving another glimmer of hope that this housing slump is over and that the market is returning. Showing a boost in confidence of builders, the housing starts for the month of June exceeded expectations and rose to a seven-month high. That is great news for those of us in the housing industry. Projections are looking good, confidence is high, and builders believe they can start selling homes again.
But, for the buyer that news is so-so news. That means that demand is going up for new homes which will cause the prices to go up as well. As we have contested on this blog many times, ad nauseam, now is the perfect time to buy a brand new home, if you are thinking of doing so. Interest rates will go up, demand will go up driving prices up, and confident builders will raise their prices as well. So, if you are on the fence, get dealing now, before the window closes.
Read the Article:
7-Month High In Housing Starts
This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640
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