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Home Builders Optimistic as Federal Reserve Considers Rate Cuts

December 22, 20231 Mins read831
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Seattle, Portland, San Francisco, San Jose, Oakland, Los Angeles, Orange County, San Diego, National Association of Home Builders, NAHB, D.R. Horton, Toll Brothers, Lennar
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The National Association of Home Builders (NAHB) reported a notable increase in builder confidence this December. The monthly confidence index rose by 3 points to 37, a significant uptick attributed to a recent decrease in mortgage rates and sustained sales incentives by builders. The past month has seen mortgage rates fall by approximately 50 basis […]

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