Some of the nation’s largest home builders are seeing signs
of an improved housing market based on numbers from the second half of January.
Consumer confidence remains high and interest rates remain low – two important
factors for the housing industry.
Improvements in the overall economy including job and wage growth,
combined with lower gas prices, all led to improvements in consumer confidence
and the introduction of more potential buyers to the housing market.
A panel of economists at this year’s International Builders
Show, admit that 2014 sales were lower than expected but predicted a stronger
2015 based on improving economic factors across the country. A strong housing market is traditionally a
backbone of a strong overall national economy.
The spring remains a strong time for the housing industry as
families look to buy new homes and move in over the summer while children are
out of school. Across the Southeast, the
mild winter weather may lead to an earlier than usual start to the spring
shopping season.
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