HousingZone reported this week that homebuilders who have weathered the recession are now predicting better days ahead for buyers, sellers and the homebuilding industry.

During a recent conference that was attended by representatives of large, national homebuilding companies active in the Chicagoland market, as well as independent and custom builders, all were optimistic about 2010. Several are introducing new floor plans and new home communities.

“The signs are positive, with low interest rates, lower home prices and tax credits,” said Andrew B. Konovodoff, president of Town & Country Homes. “Consumer confidence is growing and unemployment is starting to turn around. A buyer purchasing a $200,000 home today with an FHA mortgage of 3 ½ percent down and a tax credit will have a monthly payment of about $1,200, an affordable number for many first-time buyers. The coming year will definitely be better, and the builders who remain in the marketplace are focused on customer satisfaction to a greater degree than every before.”

Builders cited the extended first-time homebuyer credit and the new repeat buyer tax credit as important stimulants for the 2010 market. In addition, low interest rates and pent-up buyer demand will drive an increase in activity.

To read the rest of this article, please click here.

Related Posts:

• Real Estate Marketing News: Why Buy A New Home Now?
• Homebuilder Marketing: Target Your Homebuyers With A New Media Mix
• Homebuilder Subject Lines of the Month
• The End of Link Building as We’ve Known and Loved it
• Four Seasons Embraces Digital Marketing, Virtual Experiences

Stevens & Tate Marketing, a full-service advertising agency, developed The Daily Twitch to consolidate and provide useful information surrounding advertising and marketing. We are devoted to serving content useful to an array of industries including B2B, Hospitality, Real Estate, Education, Senior Living, Food, Packaging and Retail.

We encourage you to view our work on the S&T website in the following categories:

B2B Advertising
Food Retail Advertising
Healthcare Advertising
Real Estate Advertising
Senior Living Advertising
Hospitality Advertising