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The confidence of home builders remains at elevated levels.

According to the National Association of Home Builders, its index that measures the health of the building industry stood strong at 74 points, representing the most optimistic outlook since 2017.

Factors such as steady employment growth, increasing wages and low interest rates are motivating home builders and home buyers alike, especially for entry-level properties. The market has been put through a mild test, however. Since the market is so healthy, competition is increasing for all types of homes. This is also causing some inventory challenges.

The survey measures builder sentiment on simple terms, such as posing questions that can be answered with “good,” “fair,” or “poor,” or “very likely.” The responses are then given numeric value.

The index gauging current sales conditions puts the index at 80. Sales expectations in the next six months are nearly at 80, as well.

If you reside in the Fort Collins area and you are “very likely” to buy a home this year, and sharing the optimism of so many home builders, consider working with our team.

We offer a wide range of home loan programs, including FHA and VA loan options. These programs are flexible, powerful and invaluable in today’s market.

Please contact us today so we can work together to try to conquer your financial goals.

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