home-builder-confidence-highest-since-new-millennium

Details: Written by Don Wixom Don Wixom; Category: Uncategorised Uncategorised; Published: 27 December 2017 27 December 2017; Hits: 7908 7908

Home builders around the nation have become much more confident in the new real estate market. The number of builders that feel that way has risen to the highest it's been since 1999.

A worker carries lumber as he builds a new home in Petaluma, California.

"Housing market conditions are improving partially because of new policies aimed at providing regulatory relief to the business community," said NAHB Chairman Granger MacDonald, a homebuilder and developer from Kerrville, Texas.

Home builders were originally opposed to the new tax plan, which made changes to both the mortgage interest deduction and property tax deductions. However, builders now see the business incentives far outweighing any other negatives.

Buyer traffic is increasing so much because of the shortage of existing homes for sale. Home inventory is at the lowest it's been in over a decade.

"With low unemployment rates, favorable demographics and a tight supply of existing home inventory, we can expect continued upward movement of the single-family construction sector next year," said NAHB Chief Economist Robert Dietz.

With builder confidence high and inventory staying low, don't expect to see a market decrease any time soon. The market should continue to stay healthy for the foreseeable future!

For the full story from CNBC, click HERE!

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Don Wixom
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"Thank you Don for your considerate and professional help on selling our house. Your informative correspondance we recieved before deciding to list it, got you the house, and your continued contact to let us know what efforts were being made to advertise and show the house were greatly appreciated. Showing mutual respect, we feel like we have made a new friend!"
~ Bill and Sharrel Cash, satisfied sellers

"Thank you so much for all of your efforts, patience, perseverance and professional behavior through the ordeal of selling our house. The way you dedicated yourself to your work and to our needs truly showed your eagerness and ability to help. Thank you again."
~ Jan Byers, satisfied seller

"Just wanted you to know that we really appreciate how smoothly the sale of our home went. It really could not have worked out any better. The wide marketing of our home you initiated really paid off. Thank you for a terrific experience. You have our highest recommendations, and we'll be more than happy to pass it along. God Bless!"
~ John and Jeanie Mowery, satisfied sellers

"We cannot thank you enough for your time and patience in finding our new home. There's no way we could've done it without you! You made all our dreams come true and we will always hold you dear for that."
~ Meguel and Kris Escutia, satisfied buyers

"Thanks to Don Wixom, we have been enjoying our new home for six months now. Don as the realtor selling our house worked very hard for us. He helped us through all the complex paperwork involved in making offers, getting a loan, etc. Don paid attention to detail and kept us well informed about how things were going. When things needed to be done, Don was readily available, seeing us through a home inspection, even crawling under the house in the dirt and cobwebs when we asked him to. Don was always only a phone call away. We still remember his phone number, we called him so much! Don has a wealth of experience and resources to offer. We would definitely recommend him to anyone wanting to buy or sell real estate."
~Scott and Naomi Watson, satisfied buyers

"We were long distance buyers. We had been through some major life changes in 2005 and had first contacted Don Wixom in August of 2006. He stood by us 2 1/2 years showing us houses, driving out to houses and emailing us pictures when we were unable to go ourselves, never knowing if he actually would have gotten a sale from us and he never complained or pressured us once.
He always treated us with great respect as if we were his only customer. Don has done more for us than we would have done for ourselves. He gave us great advice. He was always learning what it was that we were looking for. As our needs changed midway through our searching he adjusted to them.
His website allowed us to search the multiple listing service without addresses and phone numbers needing to be given. He would always check into and answer our questions and requests.
When buying or selling in Idaho we would never consider anyone but Don Wixom. He stayed with us for the long haul and we will stay with him."
Steve and Jean McBee, Buyers Nampa

"Thanks Don, for the link to IDX app for iPhone. Works great! All the information I need right at my finger tips! Thanks for always leading from the front!"
Ernie Garza, Buyer

Home Builder Confidence Highest Since New Millennium!