Housing Perspective: May Homebuilder Sentiment

Housing market optimists picked up another bullish datapoint this morning, as the National Association of Homebuilders (NAHB)/Wells Fargo builder confidence index rose to 16 from 14 last month. According to Bloomberg, that’s the highest reading since last September. So what happened the last time builders felt this good about their prospects? Lehman Brothers went belly [...]

May 18, 2009 | Comments »