Items Tagged with 'Sandy Dunn'

ARTICLES

  • Builder Confidence Hits New Low; NAHB Urges Buyer Stimulus

    Home builder confidence across the U.S. slumped to a new record low of 8, according to a monthly survey released Wednesday by the National Association of Home Builders. The housing market index, measuring builder perceptions of current single-family home sales and sales expectations for the next six months, is based on a scale of 100 where any number over 50 indicates more home builders perceive sales conditions as good than poor.
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  • Builder Confidence at Record Low in December: Report

    Builder confidence in the market for new single-family homes held at a record low in December amid deepening economic turmoil and massive reductions, according to the monthly National Association of Home Builders. The December NAHB/Wells Fargo Housing Market Index (HMI), released monday, held at November’s all-time low reading of 9.
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  • Home Builder Confidence Sets Record Low in October

    So much for a a little budding optimism among the builders, and we can thank the resurgence of a credit crisis that won't seemingly go away for that. The National Association of Home Builders and Wells Fargo & Co. [stock WFC][/stock] said on Thursday that their joint survey of home builder confidence set a new record low in October after having edged up slightly in the previous month.
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  • Home Builder Confidence Rises Slightly, NAHB Says

    Builder confidence in the market for newly built single-family homes rose for the first time in seven months this September, according to the National Association of Home Builders/Wells Fargo Housing Market Index, released on Tuesday afternoon. The HMI gained two points to 18, rising from its record low of the previous two months -- but still very near the all-time lows set in July and August.
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  • Falling Home Prices Drive Increased Affordability in Q2: Study

    Is increased affordability the same thing as affordable? Falling U.S. home prices, along with mortgage rates that have held relatively stable thus far, yielded an improving picture of housing affordability nationwide during the secondary quarter, according to a study released Tuesday afternoon by the National Association of Home Builders and Wells Fargo & Co. [stock WFC][/stock].
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  • Home Builders Gloomier than Ever

    The realization that any bottom in housing is going to take even longer to reach into new homes is apparently sinking in at many of the nation's key new home builders, according to the latest survey from Wells Fargo & Co. [stock WFC][/stock] and the National Association of Home Builders.
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  • Builder Confidence Sags; NAHB Says Congress "Must Move Immediately"

    Prospects for home builders dimmed in the back half of April and into early May amid market conditions that continue to erode, the National Association of Homebuilders said Thursday. The NAHB/Wells Fargo Housing Market Index fell slightly to a reading of 19, off just one point from the record low set in December 2007. NAHB president Sandy Dunn, herself a home builder, said that a continued slide in the housing market must be stopped, ostensibly for the sake of the association's constituency.
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  • Housing Starts Reach 17-Year Low in March

    Single family housing starts continued to fall in March, according to data released Wednesday morning by the Commerce Department, as builders continued to pull back on key building activities amidst ongoing economic problems tied to the the U.S. housing and mortgage markets.
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  • Builder Confidence Unchanged in March, Remains Near Historic Low

    Builder confidence in the market for new single-family homes remained unchanged in March, hovering near an all-time low as the market continues to wait for a turnaround. The latest NAHB/Wells Fargo Housing Market Index, released Monday, held firm at 20 -- near its historic low of 18 set in December of 2007. Despite sagging builder confidence, the president of the National Association of Home Builders suggested there might be more confidence in the market than the survey suggested.
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