Homebuilders

Single-Family Housing Starts Fell In January, Despite What The Headlines May Have Told You

Comments(0) By •February 17th, 2011

Annualized Single-Family Housing Starts dropped 1 percent in January to 413,000 units nationwide, it’s lowest reading almost 2 years. The headlines would have you believe otherwise.

Home Builders Report Higher Sales Levels In January

Comments(0) By •February 16th, 2011

Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway.

Home Builders Slowed By Economy, But Seeing More Foot Traffic

Comments(0) By •January 19th, 2011

Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.

Why Builder Confidence Surveys Matter To Buyers Of New Homes

Comments(0) By •December 17th, 2010

Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.

Homebuilders Expect A Surge In New Home Sales

Comments(0) By •November 17th, 2010

According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking new home inventory plus higher-quality foot traffic is boosting builder optimism.

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

Comments(0) By •October 19th, 2010

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.

As Homebuilder Confidence Stagnates, Deals Abound

Comments(0) By •September 30th, 2010

Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low.

Sagging Homebuilder Confidence Opens The Door For Good Deals

Comments(0) By •July 20th, 2010

Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.

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The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

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Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.