Read Part 1 of Is it Really the Time to Buy?
Another obvious sign of a housing market upturn are construction companies building at a faster rate. So is the case right now.
We haven’t seen such a fast pace of single-family home construction in more than two years. This means that the demand to build and buy has increased dramatically.
More people are realizing that building a new home, customized to their liking, are now at competitive prices with resale homes.
“U.S. builders started work on more homes in August, driven by the fastest pace of single-family home construction in more than two years. The increase points to steady progress in the housing recovery.”
Read the full story on Florida Realtors
“Housing starts improved 2.3% to an annual rate of 750,000, thanks to single-family activity, which was up 5.5%” – Builder Online
“The steady increase in housing activity returns housing to the more traditional role of leading the economy out of a recession”
Read the full story on Eye on Housing