The home builders are supposedly more upbeat this month than they have been in the better part of a year. At least that’s what the survey from the National Association of Home Builderssays. The first-time home buyer tax credit, combined with lower mortgage interest rates, have potential contract signers out kicking the tires. Optimism is out there, if not actual signed papers.
And right now no builder perhaps is more optimistic than John Wieland, CEO of Atlanta-based John Wieland Homes. The mid-sized home builder, whose markets also include Charlotte, Nashville, Raleigh and Charleston, has been riding around those states in an RV, pledging to sell 101 homes before summer. His company has shrunk from 1150 to just 280 employees, as home building plummetted 80% from the peak of the housing boom.