The outlook among homebuilders improved in May, as production for single-family projects saw its highest rate yet in 2023. Confidence in the market for newly built single-family homes rose by five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The improvement marks a fifth straight month […]

“Would I rather be feared or loved? Easy—both. I want people to be afraid of how much they love me.” – Michael Scott, The Office Fictional Dunder Mifflin paper company leader, Michael Scott, spent a lot of time accidentally swerving into profound truths. He was so wrong that he was almost right, in some cases. […]

The latest National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released yesterday, shows confidence in the market for newly-built single-family homes has increased another five points in November, shattering the previous all-time high of 85 recorded in October, and now sitting at 90. Builder confidence levels have hit successive all-time highs over […]