
The new construction housing market continues to improve.
Your # 1 Source for Real Estate in Northern Colorado.

After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29.

In March, single-family Housing Starts were down 0.2% from the month prior, or just 1,000 units on a seasonally-adjusted, annualized basis.

For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index’s highest reading since May 2007.

If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.

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