Sales of newly built homesare still stumbling along at historically low levels, but builders claim they are beginning to see the light at the end of a very long tunnel.
Sales may not be surging back, but in some of the better local economies, buyer interest is.
We saw it at open houses over the President's Day weekend, and it's starting to show up on line even more dramatically. Virginia-based NewHomesGuide.com, the website of New Homes Guide magazine, saw a 46 percent jump in unique visitors from December 2011 to January 2012 and a 47 percent jump from one year ago. Page views were up 59%.
"We always see a seasonal jump in January," said Publisher, Leslie Stritmatter in a press release, "but the increases from the same period last year show this to be a much more significant bounce. I'm very hopeful that this is a sign of consumer confidence returning to the markets.