Homebuilding business executives maintain a guarded outlook on the homebuilding market, amid tepid demand, shrinking profit margins and weak consumer sentiment. The ongoing conflict with Iran could further complicate the outlook for... Read more »
The housing market continues to test patience: inventory remains constrained in many regions, buyer and seller activity is starting to normalize and interest rates still shape consumer hesitation (but that may be... Read more »
Homebuilding executives are starting the new year with a downbeat view of the housing market, as buyer hesitancy, shaky consumer confidence, shrinking profit margins and elevated incentives weigh on the industry. The... Read more »
Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data... Read more »
Consumer reports of economic confidence are mixed in October as the government shutdown and other economic challenges persist. The latest Consumer Confidence Index from The Conference Board found that confidence fell by... Read more »
After three consecutive months of increases, homebuilder confidence plateaued in December. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) held steady month over month at a reading of 46. The NAHB... Read more »
At the end of August, Guild Mortgage announced a suite of products under the name “Flex Payment Mortgage,” which includes Home Equity Conversion Mortgage (HECM) reverse mortgage products alongside refinances, proprietary jumbo... Read more »
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9... Read more »
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which... Read more »
Strong demand, coupled with a lack of existing housing inventory and comparatively lower mortgage rates continue to drive buyers to new home construction, Homebuilder confidence continued its upward trajectory for the fourth... Read more »