Tag: homebuilders
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Home builders turn bullish for the first time in nearly a year amid strong housing demand
[ad_1] The numbers: For the first time in nearly a year, home builders are upbeat about the housing market outlook. The shortage of previously-owned sales is helping to buoy builders’ confidence. With mortgage rates above 6%, many homeowners find little incentive to sell—nearly 92% have an outstanding mortgage with a rate below 6%, according to…