National Association Of Homebuilders

Feb 16

Homebuilder Confidence Returns To Pre-Recession Levels

February 16, 2012 By Jessica Wilkie 1 Comment

New construction buyers in District of Columbia , look out. The nation's home builders are predicting a strong 2012 for new home sales. It may mean higher home prices as the spring buying season approaches. For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index's highest reading since May 2007. The Housing Market Index is now up 8 points in … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: February, home builder, Homebuilder Confidence, Housing Market Index, NAHB, National Association of Home Builders, National Association of Homebuilders, New Home Sales, Real estate pricing, washington dc

Jan 19

Home Builders See More Sales, Higher Prices Ahead

January 19, 2012 By Joshua Oliver 8 Comments

Homebuilder confidence is soaring. For the fourth straight month, the National Association of Homebuilders reports an increase in its Housing Market Index. The index climbed 4 points to 25 this month -- its second four-point gain since October. With home sales activity increasing across all four regions, the monthly HMI has now nearly doubled in value since June 2011. The HMI is now at a 55-month high. The Housing Market Index itself is a composite reading; the result of three … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: HMI, home builder, Home construction, Housing Market Index, Mortgage loan, NAHB, National Association of Home Builders, National Association of Homebuilders, New Home Sales, Single-family detached home, washington dc

Dec 20

Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume

December 20, 2011 By Jessica Wilkie Leave a Comment

Housing Market Index Washington DC November 2011

In another good sign for the housing market, today's home builders believe that the housing market has turned a corner. For the third straight month, the Housing Market Index -- a home builder confidence survey from the National Association of Homebuilders -- reported strong monthly gains. December's Housing Market Index climbed 2 points to 21 in December after a downward revision to last month's results. The index is now up seven points since September 2011, and sits at a 19-month … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Buyer, December, HMI, Home Builders, Homebuilder Confidence, Housing Market Index, NAHB, National Association of Homebuilders, November, Real estate economics, Single-family detached home

Nov 18

Housing Starts Rising; New Construction Turns The Corner?

November 18, 2011 By Jessica Wilkie 2 Comments

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October -- a 4 percent increase from September and the highest reading in 3 months. A "Housing Start" is a home on which ground has been broken. The increase in surprised Wall Street analysts, although it shouldn't have. Earlier this week, the National Association of Homebuilders showed that Homebuilder Confidence is … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Census Bureau, District of Columbia, Homebuilder Confidence, Housing Starts, Mortgage loan, National Association of Homebuilders, October, Real estate pricing, Wall Street, washington dc

Nov 17

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

November 17, 2011 By Justin Paulhamus 8 Comments

Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It's the second straight month that the HMI posted a 3-point gain, catapulting the index to an 18-month. The Housing Market Index is monthly report from the National Association of Homebuilders. It's meant to measure confidence among the nation's homebuilders, scored on a scale of 1-100. When homebuilder … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: HMI, Home Builders, Housing Market Index, Mortgage loan, NAHB, National Association of Homebuilders, Single-family detached home, washington dc

Oct 19

Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic

October 19, 2011 By Justin Paulhamus 3 Comments

Homebuilder confidence is rebounding sharply. Just one month after falling to a multi-month low, the Housing Market Index rebounded four points to 18 for October. It's the highest reading for the HMI since May 2010 -- the month after last year's homebuyer tax credit expiration. The Housing Market Index is published monthly by the National Association of Homebuilders and is scored on a scale of 1-100. Readings above 50 indicate favorable conditions for homebuilders. Readings below 50 … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: HMI, Housing Market Index, Mortgage loan, National Association of Home Builders, National Association of Homebuilders, Real estate economics, Single-family detached home, washington dc

Aug 16

Homebuilders Expect A Soft Winter Housing Market

August 16, 2011 By Barbara Morrocco Leave a Comment

Two months after posting their worst confidence reading of 2011, home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide. In August, for the second straight month, the Housing Market Index read 15. The HMI is a monthly housing survey, published by the National Association of Homebuilders. It's scored on a scale of 1-100 with readings over 50 suggesting favorable home builder conditions. Readings under 50 suggest unfavorable … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: HMI, Homebuilders, Mortgage loan, NAHB, National Association of Homebuilders, New Home Sales, Real estate economics, Real estate pricing, washington dc

Jul 20

Housing Starts Surge 9 Percent; Signal A Strong Fall Season

July 20, 2011 By Barry Epstein Leave a Comment

Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June -- a 9 percent spike from the month prior and the highest reading in 3 seasons. A "Housing Start" is defined as a home breaking ground on new construction. June's reading is largest one-month jump since June 2009. The reading surprised Wall Street despite that the Homebuilder Confidence survey may have foreshadowed the … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: Building Permits, Homebuilder Confidence, Housing Starts, National Association of Homebuilders, New Home Sales, Real estate broker/agent

May 25

New Home Sales Increase For The Second Straight Month

May 25, 2011 By Ariana Lazar Leave a Comment

Sales of newly-built homes surprised Wall Street, jumping 7 percent to an seasonally-adjusted, annualized 323,000 units last month. In addition, the supply of new homes dropped to 6.5 months — a 2-month decrease from October 2010 and the best reading in a year. The report runs counter to recent reports from the National Association of Homebuilders and the National Association of REALTORS® which suggest a looming housing slowdown. April's New Home Sales report runs counter to that … [Read more...]

Filed Under: Selling Real Estate in Washington, DC Tagged With: Building Permits, National Association of Homebuilders, New Home Sales, New Home Supply, Real estate pricing, Seasonal adjustment, washington dc