Homebuilder Confidence Rising, Construction Backlog Plentiful

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Erica Bose spoke with GlobeSt.com to discuss the recent uptick in homebuilder confidence, part of which can be attributed to how homebuyers are thinking in this current market.

"They are finding that homebuyers have started prioritizing sales incentives over rate buydowns instead of the opposite, which is what builders were seeing in the first couple of months of 2023,” Bose said.

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