Viewing posts from: national association of home builders

Builders Remain Pessimistic About the Housing Market

By Kirya Duncan|Home Building

Builders continue to confront the same major challenges they have seen over the past year, including competition from the large inventory of distressed homes on the market, inaccurate appraisal values, and issues with their buyers not being able to sell an existing home or qualify for favorable mortgage rates because of overly tight underwriting requirements.