Homebuilder sentiment survey reflects concerns about affordability, rising costs

Homebuilder sentiment survey reflects concerns about affordability, rising costs

Builders continue to cut costs to make homes at lower and middle price points more attractive to buyers WASHINGTON — Despite indications that new homes have sharpened price points in recent months, affordability and rising costs remain a concern, according to the latest builder confidence survey. The National Association of Home Builders/Wells Fargo Housing Market Index showed that the builder confidence level for new single-family homes fell tw…