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Builder Confidence Trending Up – Good Indications for Real Estate in SE PA

January 2, 2012

RISMedia reported that in December, builder confidence rose for the third straight month.  NAHB Chief Economist, David Crowe, stated that “this is the first time builder confidence has improved for three consecutive months since mid-2009.”  While this is not indicative of a major rebound, it signifies a definite upward trend for the economy.  Read more here: http://rismedia.com/2011-12-19/builder-confidence-rises-for-the-third-consecutive-month/

From a strictly local vantage point, real estate in southeastern PA continues to recover.  While the industry in our area did not “crash”, prices did drop and foreclosures increased.  With this new statistic, as well as more optimistic employment numbers, we are anticipating a more robust spring market than we’ve seen for several years.  If you have been thinking about it, now may be the perfect time to put your house on the market!  Call me for a free, personalized market analysis.

Patty Cunningham, Realtor®
Coldwell Banker Preferred
Exton, PA 19341
O.        610.363.6006
C.        610.659.4669
Lic #RS294054

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