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Re: gfp927z post# 180

Friday, 02/16/2024 1:09:34 PM

Friday, February 16, 2024 1:09:34 PM

Post# of 222
$UFPI is on the run again You may want to check it out. I've done quite well with it.

US homebuilder sentiment climbed to six-month high in February:
Sentiment among US homebuilders rose to a six-month high in February as buyers continued to take advantage of mortgage rates that have fallen from their October peaks. The National Association of Home Builders gauge of housing market conditions rose by 4 points to 48 this month, according to data released Thursday. The NAHB’s measure of expected sales increased three points, while gauges of prospective buyer traffic and current sales also rose. Builder sentiment climbed in all four regions of the US, with especially strong gains in the West and Northeast. With mortgage rates still down from their fall peaks, fewer builders are cutting prices to lure customers. In February, 25% of builders reported cutting prices, compared with 31% who trimmed prices a month earlier. The average price reduction has stayed at 6% for eight months. The share of builders offering incentives to customers also declined, to 58% in February from 62%. Bloomberg.com


Just my opinion, of course.

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