This July marked an increase in both home builder confidence and buyer interest according to the National Association of Home Builders. There was a six point increase on the NAHB/Wells Fargo Housing Market Index, and 11 point rise in expectation of sales, hitting levels that hadn’t been seen in years.
According to builders, potential home buyers are feeling a sense of urgency in purchasing a house due to low inventory and low interest rates. In the article it mentions the fact that both buyers and builders are still looking for that good bargin to save money.
As more and more buyers watch home prices stabilize, the market will start to rise and the article predicts modest increases in new home construction for the rest of the 2012 year. You can read the full article here.
What does this mean to you, the potential home buyer? It means now is the time to buy and we at Synergy Designer Homes have lots of quality new homes for sale in Savannah, Georgia and surrounding areas in a variety of neighborhoods to suit your family’s needs. Contact us today to talk with one of our New Home Sales Agents, real estate professionals dedicated to helping you find your dream home!