By Rob Chrisman
Posted To: Pipeline Press
Zelman and Associates published its January Homebuilding Survey , indicating that 2015 is off to a strong start. Order growth increased 32% year-over-year, bumping 2015 first quarter order growth to 21%. The homebuilding survey increased to 60.5 from 58.4 in December, reaching its highest level since June of 2014. Traffic metrics have shown the strongest improvement in three years, and improved YoY surpassing builder expectations. About 45% of respondents said they reported better than expected traffic in January, and website traffic was up 19% YoY. Prices have also increased 4% YoY and a 4.3% increase is expected over the next year. For more information, contact Ivy at ivy@zelmanassociates. com. Banks are beginning to say “no mas” to the overload of regulations . “The federal bank regulatory…(read more)