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Homebuilder sentiment takes historic hit – Robert Khodadadian

As the housing market turns and sales slow, homebuilders are having a hard time hiding their concerns. The National Association of Home Builders/Wells Fargo Housing Market Index took a historic plunge this month, dropping 12 points to 55 points. It was the second largest drop in the index’s history, trailing only the 42-point drop that came at the start of the pandemic. The index tracks homebuilder confidence regarding current and future single-family home sales and

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Construction, Home Page The Real Deal New York Read More

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