New Homebuilder confidence sinks for 3rd month, How is this Affecting Danville and San Ramon Real Estate?

The following San Francisco Chronicle article discusses how confidence in new home construction continues to drop. For Danville and San Ramon real estate much of this lack of confidence is as a result of short sale inventory and less due to foreclosure. Also, the new home developments in Danville and San Ramon are built out and alomost all new homes are already sold. We expect the short sale inventory to continue to grow Mt. Diablo 150x150 latest newsas the bank attempts to avoid foreclosing on homes.

Homebuilder confidence sinks for 3rd month.

Post by Bob Gibbs

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