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National Homebuilders Optimistic

Posted by Matthew Teague on Mon, Mar 19, 2012
Matthew Teague

    A recent article by the Boston Globe highlighted cautious optimisim among the CEO's of the nation's largest homebuilders.  A combination of demand, price cuts, and general economic improvement have allowed these builders to reduce their backlog, and generate an increase in new sales.  The CEO's were reluctant to definitively project a strong and sustainable upswing in the marketplace, but the signs are positive. This data, along with the information about the strength of the remodeling market, give some positive indicators to the marketplace. On Cape Cod, we have seen significant increased demand for remodeling and new homes. 


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Tags: remodeling, new construction, housing market

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