THERE’S AN INCREASE IN HOMEBUILDER CONFIDENCE IN THE UNITED STATES. IN FACT, IT’S AT ONE OF IT’S HIGHEST LEVELS SINCE 2007. JOHN GARCIA WITH THE HOMEBUILDERS ASSOCIATION OF CENTRAL NEW MEXICO TELLS US HE’S SEEING A SIMILAR TREND HERE, DESPITE A SOFT HOMEBUILDING START TO THE YEAR.
GARCIA SAYS THEY CLOSED THE SECOND QUARTER THIS YEAR ABOUT 6 PERCENT DOWN COMPARED TO THE SECOND QUARTER OF 2014. BUT HE SAYS THEY’RE EXPECTING A STRONG THIRD QUARTER GOING INTO FALL.
GARCIA SAYS THERE’S ALSO OPTIMISM FOR BUILDING PERMITS IN THE LONG TERM, OVER THE NEXT THREE TO FIVE YEARS.
