US Home Builder Confidence Rises Slightly for September
A key measure of how home builders are feeling about their market was released today. The National Association of Home Builders / Wells Fargo Housing Market Index saw a rise of one point month over month to 76. This is down from the peak of 90 during the craziness of Covid. It’s come down in part due to the challenges many builders had faced with materials and labor costs going up. While lumber and building materials have come down in price, labor remains a challenge for the industry. Here’s another good look at the latest data from the Calculated Risk Blog.
About The Author
John Murphy
Husband of 36 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 18-34 and 6 grandchildren. My main work is helping commercial building owners and real estate investors save money on their income taxes by doing cost segregation. I work all over the U.S. but have a lot of clients here in SC and in the southeast in particular. The firm I represent is CSSI, LLC. I love the work! I’ve also been a licensed REALTOR since 2003 and broker since 2007 but my work is limited to just a few clients each year. We relocated to Greenville, SC for the lifestyle, lower cost of living, amazing amenities in the area and the growth opportunity for business and real estate. We absolutely love it here!
All opinions are expressly my own and do not represent either CSSI, LLC or eXp Realty LLC or any other company, organization or group that I might be affiliated with.
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