Home Builder Confidence

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Just read this article from Market watch, article, that revealed that the home builder confidence has climbed to an 8-month high. This could be great news to get more building projects to market to address what has been a prolonged housing shortage. here is a snippet of the article;

“The closely-watched sentiment tracker rose to its highest since March, the industry group said Thursday. That was the second-highest reading since the housing bubble of 2005. Economists surveyed by Econoday had forecast a one-point decline, to 67. Any reading over 50 signals expansion.

The sub-index that tracks views current sales conditions also rose two points, to 77, but the gauge of sales over the next six months dipped one point to 77. The tracker of buyer traffic rose two points to 50.’

For more information about your local market, contact Mike Rains with Remax TerraSol; 714-293-4786 #mikerainsrealtor

I love real estate and working by referral. I would like the opportunity to earn your referrals and build a long-term relationship with you. Call me with your real estate questions at (714) 293-4786 or use my contact form in order to get the process of buying or selling your home started.

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Mike Rains

Excellence and professional service is my starting point with all my clients. From simple things like answering my phone to maintaining positive relationships with local agents to continuing education in the areas of negotiation and communication, I endeavor to be a trusted resource for you and your friends and family in this fabulous business we call real estate. Call me at (714) 293-4786, I look forward to hearing from you.

Mike Rains Realtor - Huntington Beach, Orange County, CA
Mike Rains, Realtor
Huntington Beach, Orange County, CA

"I would like the opportunity to earn your referrals and build a long-term relationship with you!"

714-293-4786


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