Homebuilder confidence weakens as cost concerns mount

National Association of Home Builders | June 17, 2019

Homebuilder confidence weakens as cost concerns mount
As cost and labor concerns continue to grow, new data indicates homebuilder confidence retreated two points to 64 in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index. While demand for single-family homes remains sound, builders continue to report rising development and construction costs, with some additional concerns over trade issues, NAHB Chairman Greg Ugalde said.

Spotlight

Throughout the years, Chicago Title Insurance Company has grown in stature with a solid reputation for integrity and standing the test of time. In 1920 the scope of the Company's business extended beyond Cook County, Illinois where it started in 1847. In the late 1940s, Chicago Title moved to 111 W. Washington Street and continued developing and expanding its extensive statewide organization. In the 1950s Chicago Title reached beyond its state borders to increase its title insurance business. It was then, Chicago Title Insurance Company, as we know it today, was developed as a wholly owned subsidiary of Chicago Title and Trust Company.

Spotlight

Throughout the years, Chicago Title Insurance Company has grown in stature with a solid reputation for integrity and standing the test of time. In 1920 the scope of the Company's business extended beyond Cook County, Illinois where it started in 1847. In the late 1940s, Chicago Title moved to 111 W. Washington Street and continued developing and expanding its extensive statewide organization. In the 1950s Chicago Title reached beyond its state borders to increase its title insurance business. It was then, Chicago Title Insurance Company, as we know it today, was developed as a wholly owned subsidiary of Chicago Title and Trust Company.

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