Via Scoop.it – Charlotte Real Estate
An index of builder sentiment rose four points to 25 in January. That’s not great – anything below 50 equals pessimistic – but it’s the highest level since June 2007.
The National Association of Home Builders/Wells Fargo builder sentiment index rose, the story said, because more people are shopping for homes. Builder stocks rallied a bit on the news, just a month after the close of what may be the worst year for new-home sales in half a century.
Via www.charlotteobserver.com