Good news from the Phoenix Business Journal:

Home builder confidence reaches 6-year high
Phoenix Business Journal by Adam Kress, New Media Editor

Confidence among U.S. home builders has reached its highest level in six years.
The National Association of Home Builders/Wells Fargo Housing Market Index, released today, shows builder confidence in the market for newly built, single-family homes rose in September for the fifth consecutive month. The index rose three points, to 40 -- the highest mark since June 2006.

The increase in builder confidence nationwide also was reflected in Arizona. A recent report from Arizona State University found new-home sales in the Phoenix area have surged 58 percent since last July, while construction permits jumped by a staggering 87 percent during the same period.


Popular posts from this blog

2017 CFMA VoS Golf Tourney Recap

There is Still Time to Register!

Thank You to Sponsors of this Year's Golf Classic!