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Builder Expectations on the Rise Despite Market Difficulties - The MortgagePoint
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Builder Expectations on the Rise Despite Market Difficulties - The MortgagePoint
For the first time since last January, future sales estimates exceeded the 50-point breakeven point in October, indicating a strong increase in sentiment levels despite builders’ ongoing struggles with market and macroeconomic uncertainty. “While recent declines for mortgage rates are an encouraging sign for affordability conditions, the market remains challenging,” said Buddy Hughes, NAHB Chairman, a home builder and developer from Lexington, N…
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