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Home Builder Confidence Hits 6 Year High

Is the the housing market back on? Some optimists would say the signs are pointing up. New home builder confidence hit a surge in Aughust, with a score of 40. The National Association of Home Builders/Wells Fargo builder sentiment index reported today that builder confidence rose from 37 to 40 in the month of August, a score not seen since the height of the real estate market in 2006.

Last week, August reports came out and home sales were up in Olympia and all of Thurston County, including homes for sale in Lacey and Tumwater. With home sales up in Olympia, and home builder confidence up as well, there is room for optimism surrounding the housing market.