Homebuilders are growing more optimistic about the state of housing and say they see signs that the end of the housing market's three-year downward spiral may be near!
The increasingly upbeat mood was reflected in an index of builders' confidence released last week, which rose for the second month in a row in May. A separate report by the industry's trade group showed housing affordability improved in the first three months of this year amid falling home prices and low interest rates.
Labels: 2009, builder, Home, market, may, real estate