• For Brokers & Agents
  • For Builders & Developers
  • Advertise
  • About
  • Help
  • Pricing
LotNetwork Logo
  • Home
  • Find Lots & Land
  • Blog
  • Resources
    • Buying Lots & Land
    • Selling Lots & Land
    • Building a Home
    • House Plans
    • Financing & Loans
  • Sell Lots & Land
  • Log In
Menu
  • Home
  • Find Lots & Land
  • Sell Your Lots & Land
  • Blog
  • Tips: Buying Lots & Land
  • Tips: Selling Lots & Land
  • For Pros: Brokers & Agents
  • For Pros: Builders & Developers
  • Resources: Building a Home
  • Resources: House Plans & Design
  • Resources: Financing & Loans
  • Advertising
  • About Us
  • Support
Like us on facebook
You are here: Home / Other / April Brings Slight Drop in Builder Confidence
Back to Blog

April Brings Slight Drop in Builder Confidence

Share this post:

Builder confidence for newly built, single-family homes declined in April by three points to 25, according to the National Association of Home Builders/Wells Fargo Housing Market Index, released today. This is the first time in seven months that the confidence rating has declined.

LotNetwork.com looks at the trends behind the numbers:

  • It’s not surprising to see some decline in builder confidence after six straight months of a fairly swift build-up in confidence.
  • There are certainly signs of recovery and optimism in the market, but many consumers and builders are hesitant and cautious about the challenges that still exist in the housing industry, especially tight credit conditions, foreclosures and inaccurate appraisals.
  • There’s sure to be a reaction in the market to today’s news, but we’re keeping a hopeful eye on the fact that, even with the decline, confidence has been trending up and beyond its highest level since 2007.

 Related articles

  • Builder Sentiment Recovers after April Drop (mortgagenewsdaily.com)
  • Housing starts, industrial production both rose in April (usatoday.com)
  • NAHB Builder Confidence increases in May, Highest since May 2007 (woodonfire.wordpress.com)
Enhanced by Zemanta

Filed Under: Other Tagged With: April, builder confidence, Housing industry, NAHB, National Association of Home Builder, Real estate economics

Share this post:

About sarahd

  • View all posts by Sarah

Join the Discussion Cancel reply

Your email address will not be published. Required fields are marked *

Search Lots and Land Sign up to sell

Sign Up for our Newsletter

Stay informed!
Get expert advice and tips
with our FREE e-newsletter.

Recent Posts

  • What does it Cost to Build a House?
  • Convert Square Feet to Acres for Land
  • How to Buy Land at Auction: Benefits and Terms for Buyers
  • Learn Why Agents & Brokers Sell Land at Auctions
  • The Benefits of Selling Land at an Auction

Learn how LotNetwork.com can help you!

Agent and Broker Resources Builder and Developer Resources

Topics

  • Agent/Broker Resources
  • Builder/Developer Resources
  • Industry News & Resources
  • Other
  • Technology & Tools
  • Tips for Building & Buying Homes
  • Tips for Buying Lots & Land
  • Tips for Selling Lots & Land
View Index of Articles

Learn about advertising on LotNetwork.com

  • Alabama Lots
  • Alaska Lots
  • Arizona Lots
  • Arkansas Lots
  • California Lots
  • Colorado Lots
  • Connecticut Lots
  • Delaware Lots
  • District of Columbia Lots
  • Florida Lots
  • Georgia Lots
  • Hawaii Lots
  • Idaho Lots
  • Illinois Lots
  • Indiana Lots
  • Iowa Lots
  • Kansas Lots
  • Kentucky Lots
  • Louisiana Lots
  • Maine Lots
  • Maryland Lots
  • Massachusetts Lots
  • Michigan Lots
  • Minnesota Lots
  • Mississippi Lots
  • Missouri Lots
  • Montana Lots
  • Nebraska Lots
  • Nevada Lots
  • New Hampshire Lots
  • New Jersey Lots
  • New Mexico Lots
  • New York Lots
  • North Carolina Lots
  • North Dakota Lots
  • Ohio Lots
  • Oklahoma Lots
  • Oregon Lots
  • Pennsylvania Lots
  • Rhode Island Lots
  • South Carolina Lots
  • South Dakota Lots
  • Tennessee Lots
  • Texas Lots
  • Utah Lots
  • Vermont Lots
  • Virginia Lots
  • Washington Lots
  • West Virginia Lots
  • Wisconsin Lots
  • Wyoming Lots
  • LotNetwork

© 2012-2021 LotNetwork, LLC. All rights reserved. LotNetwork,
the LotNetwork logo and The One Site for HomeSites are
trademarks of LotNetwork, LLC (Reg. U.S. Pat. & Tm. Off.).

  • Home
  • About
  • Contact Us
  • Find Land
  • Sell Your Land
  • Resources/Blog
  • Privacy Policy
  • Terms of Use