U.S. home builder sentiment rose in February to the highest level in nearly five years, a clear sign of improvement for an industry trying to climb out of a deep slump. The National Association of Home Builders says its housing market index grew to 29 from 25 in January. The increase was the fifth in […]
First-Time Homebuyers Buying Smaller Homes
A new report from the National Association of Home Builders has found that first-time homebuyers are choosing to buy smaller and less expensive properties than existing buyers. The study by the NAHB found that first-time buyers purchased homes costing an average of $184,000 with approximately 1,874 square feet of space. By comparison, the homes purchased […]
Federal Home Buying Support Still Wanted
Federal Home Buying Support Still Wanted According to a new poll by the National Association of Home Builders (NAHB), Americans remain strongly committed to federal support for home buyers. Roughly 68 percent of those polled said the government should continue to support housing, and 65 percent believe the government should be doing more to keep […]