For the sixth month in a row, homebuilder confidence rose, climbing four points in February and reaching the highest mark the index has seen since May 2007! And it's no wonder: with low rates, low down payment options and a recovering economy, there has been a lot of buyers looking at the market. It's reported that there are two times the amount of buyers touring homes now than there were in September of 2011.
Home affordability is certainly at its best right now, and home builders can see what's coming, which means that low home prices could be ending soon. Your best chance at getting your home for a low price, with a low interest rate could be right now. It could be too late 3 months from now!
For the sixth month in a row, homebuilder confidence rose, climbing four points in February and reaching the highest mark the index has seen since May 2007! And it's no wonder: with low rates, low down payment options and a recovering economy, there has been a lot of buyers looking at the market. It's reported that there are two times the amount of buyers touring homes now than there were in September of 2011.
