Real Estate News Brief - Busy Home Builders, Lender Loan Bias, Wealthy Baby Advantage


Manage episode 234093594 series 2394432
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this week's Real Estate News in Brief... why home builders are so busy, what lenders think of smaller home loans, and what money can do for a child’s success in life. We begin with economic news from this past week and home sale activity that’s giving builders more confidence about the housing market. The National Association of Homebuilders reported a 3-point rise in their home builder confidence index to 66. Anything higher than 50 is in positive territory. NAHB chairman Greg Ugalde says: “Builders are busy catching up after a wet winter and many characterize sales as solid, driven by improved demand and ongoing low overall supply.”

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