Home Builder confidence fell in November, reported the National Association of Home Builders today.
It fell to 62 this month, compared to the market’s expectations of 65.
Of the index's three components, sales expectations over the next 6 months dropped the most, down 5 points to 70, as well as Current sales conditions fell 3 points to 67.
Professionals in the industry are NOT confident about the US Housing Market, going forward. We should be prepared for a pull back.
In this environment it will be harder to sell your house in the near future. If you intend to sell your house, you must act fast before the market experience a drop.
There is always a way to sell your house fast. As Local Cash Buyer in the Bronx, We Buy Houses “As Is” All Cash & Close Quickly. For more info, please visit our main website at WeBuyHousesNYC.com
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