The younger crowd may be skittish about moving into the housing market due to sparse financial resources and lack of credit. But it’s a different story for Americans age 55 and over. Those who can are jumping into homebuying — selling their existing houses to move into new ones aimed at their age group. Many
Home builders’ confidence surges thanks to better jobs market
Home builders’ confidence in the housing market surged in July, thanks in part to robust jobs growth in June. The National Association of Home Builders/Wells Fargo Housing Market Index gained four points in July, hitting 53. That’s the first time it’s cleared 50 — the dividing line between good sales conditions for new single-family homes
HOUSING MARKET DOING SO WELL ONLY CONGRESS COULD DISRUPT THE MOMENTUM
Home builders’ confidence in the market for new single-family homes is at its highest level since January 2006. Kent Hoover Washington Bureau Chief Home builders’ confidence in the housing market hit its highest level since January 2006, rising for the third month in a row. The Housing Market Index compiled by the National Association