April 18th, 2018
Homebuilder sentiment is decreasing across the country as the cost of construction materials rise, tariff fears weigh heavy, and home prices increase. In February, the median price for a newly built home rose 13%, leading into a challenging spring for homebuilders. (Source: CNBC)
Tip: Homebuilders will be key players going into the spring/summer purchase market. Start expanding your builder referral network now to boost your loan demand in the coming months as competition over leads increases.