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>> WELLS FARGO Latest News

JUL 16, 2013 - Washington Business Journal

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Housing market doing so well only Congress could screw it up

Home builders' confidence in the housing market hit its highest level since January 2006, rising for the third month in a row. The Housing Market Index compiled by the National Association of Home Builders and Wells Fargo jumped six points in July to 57. The index is based on current and expected sales of new single-family homes, as well as on how much traffic builders are seeing from prospective buyers. "Builders are seeing more motivated buyers coming through their doors as the inventory of existing…

Tags: Housing market doing so well only Congress could screw it up,  Wells Fargo Latest News