Home Buying in Colorado>Question Details

Susan Alvarez, Real Estate Pro in Longmont, CO

Are you showing and are buyers expressing interest in new-build homes?

Asked by Susan Alvarez, Longmont, CO Mon May 21, 2012

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Single family building permits are on the rise ... a July 13 Northern Colorado Business Report story begins. http://www.ncbr.com/article/20120713/EDITION/120719959

Denver-area multi-family permits have been rocketing higher.

Community-size projects are bound to get a look. That's marvelous you were able to help with a Lennar purchase, Sally. Congrats all the way around.

Keep up the good work, people!
0 votes Thank Flag Link Sat Jul 14, 2012
The National Association of Home Builders has a lead story on the industry waking up.

After all the head-fakes and false starts, even builders are feeling cautiously optimistic. The NAHB/Wells Fargo Housing Market Index (HMI) reports that builder confidence is at its highest level in five years.

The Conference Board’s Consumer Confidence Index is up. So is Gallup’s Economic Confidence Index. According to the Census Bureau, new housing permits, which began a climb this past fall, are at their highest level in more than three years. The American Institute of Architects Architecture Billings Index (ABI) is up for the fifth straight month.

Check it out:

http://www.builderonline.com/economic-conditions/signs-of-li…
0 votes Thank Flag Link Tue May 22, 2012
Only one buyer interested in new builds this year. I am surprised by this but the focus has been with investors mostly.
0 votes Thank Flag Link Mon May 21, 2012
YES! Just put a house under contract in Lennar's Heritage at Todd Creek community. Designed for "active adults" 55+. Prices are pretty reasonable. I was very impressed by the number of models available, and all the inclusions they offer for the base price (appliances, fireplace, A/C, nice standard finishes, etc.)
0 votes Thank Flag Link Mon May 21, 2012
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