- Splits and Caps
- Posts
- Construction Confidence
Construction Confidence
Why Builders Are Betting on a Stronger Market Ahead
Splits and Caps Daily: Action for Agents
December 18, 2024
📈 Market Move:
Builder Buzz
Builder confidence held steady this December, capping off the year at 46—a pause after three months of upward momentum. The real headline? Builders are feeling bullish about 2025, with their six-month sales outlook hitting its highest point in three years.
What’s driving this optimism? Rising demand for new homes. Mortgage applications for new builds jumped 7.2% year-over-year in November, extending a trend that’s been rolling since early 2023. With affordability challenges and tight inventory pushing buyers toward new construction, builders are staying the course with steady incentives and price cuts.
TL;DR: Builders are navigating high rates and rising costs today but have their eyes locked on a brighter 2025.
🌟Quote of the Day:
"I am not a product of my circumstances. I am a product of my decisions." — Stephen R. Covey
âš¡ Quick Win:
Pin a Highlighted Post: Take a moment to pin a post that showcases your latest success or a valuable tip at the top of your social media profile. First impressions matter! When potential clients land on your page, let them see you’re crushing it!
🎉 Fun Fact of the Day:
The Lighthouse That Moves: In North Carolina, the Cape Hatteras Lighthouse was relocated 2,900 feet inland to save it from eroding shorelines. They moved a 200-foot tower without breaking it—real estate on the move!
📚 Book Recommendation:
"Street Smarts: Adventures on the Road and in the Markets" by Jim Rogers—Alright, here’s one for the dreamers and doers: Street Smarts by Jim Rogers. This guy didn’t just ride the market rollercoaster—he built the thing. The book’s part memoir, part masterclass, with Rogers dropping gems from his globe-trotting adventures and deep dives into what makes markets tick.
Why read it? Because it’s not your typical suit-and-tie Wall Street playbook. Rogers takes you into the real world, connecting how cultural shifts, historical patterns, and a keen sense of curiosity can shape how you see opportunities (whether it’s in real estate, stocks, or even life itself).
This isn’t just about investing; it’s about building a mindset that spots what others miss. Think big, think global, and start making moves. 👊
Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!
That’s a wrap! Stay focused, stay fearless, and remember—today’s effort is tomorrow’s momentum. Let’s get after it!
What did you think of today’s edition?
Hit ‘reply’ to this email and let us know!
The Real Estate Professional’s Secret Weapon - Land id™
Discover extensive nationwide private parcel & ownership data
Create & share powerful, interactive maps of any property
Mobile Apps: Find property data on the go
Reply