Home Builder Confidence Reaches Highest Point Since 2006 – CNBC Video

As I traveled to the West Coast in August and October to speak on several real estate and mortgage broker panels, the energy in the rooms was decidedly up-beat compared to only two years ago. Like in Manhattan, real estate brokers nationwide were speaking about the shortage of housing inventory and the reduction in their Short Sale and Foreclosure business. With both investors and first time home buyers taking advantage of low mortgage rates, little new construction in the last five years has lead to there not being enough desirable properties in prime markets. This video from CNBC shares more on this subject.

Leave Your Response

* Name, Email, Comment are Required


Buying, Selling, Renting

Recent Market Update

New York Luxury Real Estate: Why Manhattan’s $10M+ Market Offers Huge Buyer Opportunity

Posted on February 1, 2019

Other Market Updates


Follow Me on Instagram

Follow Me on Twitter

Follow Me on Facebook