Tuesday, February 12, 2013

Builder Confidence Keeps Steady in Miami Real Estate Market



According to the National Association of Home Builders' (NAHB) latest 55+ Housing Market Index (HMI) released this week, builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago. The index increased 10 points to a level of 28, the fifth consecutive quarter of year over year improvements.

"We continue to see increased optimism from builders and developers in the 55+ housing segment," said Bob Karen, chairman of NAHB's 50+ Housing Council and managing member of the Symphony Development Group. "Those customers who had been on the sidelines waiting for more stability in their local markets are starting to make their move toward either purchasing a home or renting an apartment that is designed to more specifically suit their lifestyle." Source: David Barley, World Property Channel, Feb. 8, 2012.
To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com  


No comments:

Post a Comment