The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ According to the latest data from the National
Association of Home Builders (NAHB), homebuilding
confidence is on the rise. The NAHB/Wells Fargo
Housing Market Index (HMI) rose seven index points to a
level of 42, its highest reading since September and the
most significant monthly increase in the index since
June 2013.
○ Homebuilder sentiment registered at 81 one year ago,
but started to fall as mortgage rates and other
borrowing costs slowed demand and hindered supply in
2022. While index levels below 50 are considered in
‘pessimistic’ territory, sentiment had fallen to a low of 31
in December.
○ According to analysts at NAHB, the uptick in sentiment
reflects recent incremental gains in housing
affordability amid a persistent housing shortage.
Homebuilding Sentiment Rises
31. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.