The National Association of Home Builders reported that homebuilder sentiment increased this past month.
Demand for home ownership is still rising, thanks to a strengthening job market and continual low mortgage rates. It’s good news for homebuilders.
NAHB’s chief economist notes, “with the inventory of new and existing homes remaining tight, builders are confident that if they can build more homes they can sell them.”
Contact one of our knowledgable Sanibel realtors if you’re interested in Sanibel real estate. You can also search our MLS for available properties, or get in touch with our office at 239-272-2411 for general inquiries. Whether you’re buying, selling, or just looking, we’re more than happy to help you find the Sanibel realtor that’s the right fit for you.
Source: "US homebuilder sentiment rises in September as sales improve" -Associated Press
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About the author: Nina Rogers is a writer, designer, and illustrator who grew up on Sanibel Island. As a Communications Content Manager for John R Wood Properties, Nina enjoys keeping people updated with the latest in local news and Sanibel real estate.