Wednesday, March 16, 2011

Amelia Island Home Report

Better News – Builders Confidence Improves And Remodelers Find More Work

Posted: 15 Mar 2011 09:51 AM PDT

The National Association of Home Builders had 2 reports of better news. The numbers are still rough enough that it is hard to call it good news, but these days any improvement is worth noting.

While new construction has been definitely hurting since the housing boom, builders are seemingly more confident than they were last month. The hope of spring season sales is infusing the new home builders with a little more confidence. The bad news is that even though the numbers are better, they are still very negative. 50 is the magic number that tells us the industry is feeling confident in the future. The current number is 17.

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: Web:

No comments: