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 34 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 15-31 and 5 grandchildren. I’ve been a licensed REALTOR since 2003 and broker since 2007. I also am a cost segregation specialist helping building owners and real estate investors maximize their tax deductions, save thousands on their income taxes and increase their cash flow. If you’re a building owner you probably haven’t done a study…let’s connect. There is no obligation. We can run an estimate for you and really every building should be evaluated if the basis is over $150,000. I can work all over the country and not just here in the Upstate. 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 eXp Realty LLC, Cost Segregation Services, Inc. or any other company, organization or group that I might be affiliated with.
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