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NAHB Confidence Numbers – Too Confident Or Not Confident Enough?

by Sep 3, 2020Real Estate Realities Podcast/Vidcast0 comments

NAHB Confidence in Aug 2020

Written by Robert Whitelaw, Realtor®/Broker/Owner

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate from Palo Alto to Gilroy and Los Gatos - and beyond! Robert rates his success on providing the highest level of value to his clients.

September 3, 2020

The latest confidence data is interesting, but needs a closer look.

In todays show, we are going to chat about the August numbers for the National Association of Homebuilders and their record setting levels of confidence. There is so much discussion about how the current real estate market is blowing the doors off, I think it is a good time to look at more of the data and get a better grip on what the reality might be. There are plenty of other topics to consider that will give us better insights into what these numbers actually mean. The goal is to also try and understand what direction the real estate housing numbers might go in the coming months given the realities of COVID19.

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