Triangle Business Today

Homebuilders think positive for 2012

Posted December 22, 2011

Could home builders be telling us something?

For the third month in a row, we’re seeing an uptick in homebuilder sentiment. As was released Monday, it seems as though builders are starting to feel good again and to support that good feeling.

Housing starts came in much higher than expected, up 9.3 percent for November. We’re even beginning to see large national builders begin purchasing completed development infrastructure around the nation in hopes for a quick out of the ground rebound in 2012.

2012 outlook is bright 2012 outlook is bright


Please with your account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all

About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.