Builder Confidence Continues to Rise!

At Quest Loans, we love to report good news in the housing market! Once again, Builder Confidence has risen for the 5th month straight! Newly built, single-family homes are selling well and this helps move the housing market in a positive direction. Current sales conditions are making builders around the country smile! Future sales prospects and the amount of traffic they are getting in the model homes has increased tremendously. However, the cost of building materials is rising which could potentially cause an issue for builders in this fragile economy. If they can afford to purchase these materials and put together crews for work, jobs can be made and the economy can keep improving.

Posted in: builder confidence,economic recovery,new home sales