Home Builder Sentiment Unchanged in November

According to the National Association of Home Builders Housing Market Index for November, builder sentiment was unchanged at a reading of 63. Readings above 50 indicate that a majority of builders are confident about housing market conditions. Readings for three sub-indexes used to calculate the Housing Market Index Readings for builder confidence in current market conditions and market conditions within the next six months were posted at 69. The reading for buyer foot traffic in housing developments was 47. Buyer traffic has not reached the benchmark reading of 50 since the peak of the housing bubble approximately 10 years ago.

NAHB Chair Ed Brady noted that survey information provided by most participating builders was gathered prior to the presidential election. Mr. Brady also noted that Housing Market Index readings have exceeded 60 for the past three months, which indicates slow but steady growth in housing markets.

Analysts: Builder Sentiment and Building Activity Inconsistent

While positive builder sentiment readings seem to contribute to stronger housing markets, analysts pointed out that housing starts are not consistent with high builder sentiment levels. Reasons for fewer home starts than the Housing Market Index suggests include approaching winter weather and ongoing shortages of labor and buildable lots.

Real estate pros count on building more homes (and building them faster) as the only solution to tight supplies of available homes and rising demand. These conditions create highly competitive markets that present obstacles to moderate income and first time home buyers. NAHB said that rising incomes, expanding labor markets and relatively low mortgage rates are fueling demand for homes. While mortgage rates have remained near historic lows, home prices have risen quickly in high-demand areas. This creates affordability challenges for home buyers, who also face strict home loan approval requirements.

3 Month Rolling Averages Show Regional Confidence Readings

NAHB reported its three-month rolling averages according to four regions included in Housing Market Index readings. The Northeast reading was 45; the Midwest region’s confidence reading was 58 and the Southern region reported a reading of 66. The West, which includes high-demand metro areas such as Portland, Oregon and San Francisco, California, had a November builder confidence reading of 77.

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1467 County Rd 3140 -- Vernon, AZ 85940

$635,000

3 Beds

2 Baths

2,840 SqFt

Status Active

MLS # 6750877

Property Type Single Family Residence

Price Type --

LOCATION, LOCATION, A Hunters Dream. gorgeous 5 acres border national forest with lots of ponderosa pines. QUIET area and great VIEWS from 2nd story, Kitchen for a chef- large cabinets (lights top & bottom), double ovens, freezer, and large pantry with electric outlets, Handicap accessible-doors & hallway. Enjoy the fresh air with Double hung windows. Grow your own vegetables in the greenhouse and use the chicken pen for your eggs. Also enjoy 7 apple trees, blackberries, rhubarb and so much more. Two car garage (fits 2 large trucks) or for your toys. No HOA. 20 degrees cooler than Phx. Act fast before this gem is gone. Want another 5 ac next to this? see MLS #6756610.

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23176 W Skinner Road Wittmann, AZ 85361

$635,000

4 Beds

2 Baths

2,242 SqFt

Status Active Under Contract

MLS # 6731535

Property Type Single Family Residence

Price Type --

Highly upgraded 4 bedroom 2 bath 3 car garage on an Acre lot! NO HOA! This Beautiful home comes with Quartz counter tops, large center island, tile backsplash, built-in microwave, stainless steel hood, 8' doors and 4'' baseboards, designer tile and upgraded lighting. Split floor plan, 2 walk-in closets in Master.. Located in a very nice area just minutes from Surprise and Wickenburg.

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3951 W Talc Drive San Tan Valley, AZ 85144

$635,000

4 Beds

3.5 Baths

2,913 SqFt

Status Active

MLS # 6756189

Property Type Single Family Residence

Price Type --

Welcome to this beautiful 4 bedroom, 3.5 bath home in the heart of San Tan Valley! This property features modern finishes throughout, including a 2-car extended garage allowing space for up to 4 cars. The spacious kitchen boasts granite countertops, stainless steel appliances, and a large island—perfect for entertaining. You'll also find a rare builder upgrade by Toll Brothers—an extra sliding window in the kitchen, a feature no longer offered, along with an extended patio for seamless indoor-outdoor living. Relax in the inviting living room or step outside to your private backyard oasis with low-maintenance landscaping. Conveniently located near shopping, dining, and parks, this home has it all! A must-see in a fast-growing community

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16525 W Sheridan Street Goodyear, AZ 85395

$635,000

2 Beds

2.5 Baths

2,066 SqFt

Status Active

MLS # 6745341

Property Type Single Family Residence

Price Type --

Paid off solar! Beautiful, very well maintained home in Pebble Creek golf Course community! New top of the line AC unit with a 10 year warranty. Enjoy low maintenance backyard, with brand new pavers and turf! Corner lot with great curb appeal, epoxy floors in 2.5 car garage. Bonus versatile room which can be used as office/ den or spare room. Two large master suites on opposite ends of house. Enjoy all this beautiful gated community has to offer, including pools, club house, restaurants/bar, coffee shop etc.

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14027 N 32nd Street Phoenix, AZ 85032

$635,000

4 Beds

3.5 Baths

2,197 SqFt

Status Active

MLS # 6742734

Property Type Single Family Residence

Price Type --

Welcome to this charming Phoenix home! With its inviting curb appeal, RV gate, and delightful fountain, you'll feel right at home from the start. Inside, you'll find stylish wood-look floors and a soothing color palette in a spacious great room featuring a chic chandelier and cozy fireplace. The pristine white kitchen boasts shaker cabinets, stainless steel appliances, a beautiful tile backsplash, quartz counters, and a breakfast bar island. The romantic primary suite offers a walk-in closet and a private bath. Relax on the covered patio with mountain views and entertain in the expansive backyard

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4714 E Sands Drive Phoenix, AZ 85050

$635,000

3 Beds

2 Baths

1,663 SqFt

Status Active Under Contract

MLS # 6747291

Property Type Single Family Residence

Price Type --

You have found your beautiful new Home Sweet Home! This beauty is move-in ready today and in immaculate condition from ceiling to floor. Fantastic curb appeal and easy to maintain landscaping in the front. Step inside to a large and elegant living room. There is wood or tile flooring throughout and vaulted ceilings. In the kitchen there is an island with breakfast bar, granite countertops, tons of cabinet space, and stainless steel appliances. Ceiling fans are in all the right places and the bedrooms are spacious. The primary bath offers garden tub, separate shower, and two contemporary sinks on the vanity. You'll spend a lot of time relaxing and entertaining in the cozy backyard which has covered patio and sparkling swimming pool. Come take a look while it's still available!

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10649 N 113th Street Scottsdale, AZ 85259

New

$635,000

4 Beds

3 Baths

2,485 SqFt

Status Active Under Contract

MLS # 6753941

Property Type Single Family Residence

Price Type --

Welcome to this spacious 4-bed, 3-bath home spanning 2,485 square feet, nestled at the end of a serene cul-de-sac. Enjoy modern comforts with new solar panels and updated HVAC systems (installed in 2019 and 2024). The home has been freshly painted both inside and out this year, complemented by new, matching blinds and ceiling fans to keep you cool all summer long. A new roof underlayment was added last year, and there's a brand-new garage door opener for added convenience. Step outside to your private backyard oasis, featuring a generously sized 12-foot deep pool with a diving board and has been regularly maintained. For additional shade and comfort, a retractable awning is mounted for those sunny days. This home offers incredible potential and is ready for you to make it your own.

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21027 N Circle Cliffs Drive Surprise, AZ 85387

$635,000

3 Beds

2.5 Baths

2,300 SqFt

Status Active

MLS # 6738227

Property Type Single Family Residence

Price Type --

Welcome to your dream home in the prestigious Active Adult Community of The Grand! This exquisite residence is the sought-after Mission model, offering the perfect blend of luxury and comfort. With a spacious 3-car garage, this home features 3 true bedrooms and 2.5 bathrooms. Step inside to a beautifully remodeled interior with wood tile flooring and new baseboards throughout. The bathrooms boast designer tile walk-in showers, new vanities and toilets, updated lighting fixtures, and fresh paint. The kitchen features newly refaced shaker cabinets, stainless steel appliances, quartz countertops, designer lighting, and recessed can lights. Custom touches include a built-in drop zone off the garage entry, designer shiplap wall with electric fireplace in the family room, and fenced backyard.

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10649 E Lomita Avenue Mesa, AZ 85209

New

$635,000

3 Beds

2.5 Baths

2,628 SqFt

Status Active

MLS # 6759011

Property Type Single Family Residence

Price Type --

Gorgeous Home in The Villages of Eastridge! Discover this beautiful 3-bedroom+den(with Murphy bed)2.5-bathroom home offering a versatile floor plan that's perfect for a home office, guest space, or a potential 4th bedroom! Begin your experience by stepping into a private,courtyard. Inside, the expansive eat-in kitchen is a chef's dream, equipped with a sleek induction cooktop, Samsung S/S refrigerator (less than 2 years old), and beautiful quartz countertops. The kitchen flows seamlessly into a formal dining room & family room, creating an inviting space for gatherings and everyday living. This home is filled with custom touches, including fresh interior paint, detailed trim moldings, stylish lighting fixtures, carpet that is less than 2 years old & new exterior paint.Outside see more... your private backyard oasis awaits with a 9-foot Pebble Tec diving pool featuring a fountain, a new turf lawn, a fire pit, and a lockable dog doorperfect for enjoying Arizona's beautiful weather year-round. Upstairs, unwind in the oversized master suite with an en-suite bathroom complete with dual vanities, a large walk-in closet, a separate shower, and a luxurious soaker tub. Two additional bedrooms, a full bathroom, and a cozy loft space provide plenty of room for everyone. Parking and storage are no issue with the extended 3-car garage that comfortably fits a truck, complete with built-in cabinets and a widened driveway slab. The seller also has plans available for converting the third car garage into a casita, offering even more flexibility to suit your needs. Convenient access to the 60 and 202 freeways, and proximity to shopping, movies, and excellent school choices.

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6565 E Thomas Road Unit 1041 Scottsdale, AZ 85251

$635,000

3 Beds

2 Baths

1,548 SqFt

Status Active

MLS # 6754945

Property Type Townhouse

Price Type --

Discover your dream condo with both luxury and convenience in the sought-after gated Diamante Community in Scottsdale! This spacious 3-bed, 2-bath home offers 1,548 square feet of open living space with a desirable split floor plan. The living room provides stunning, unobstructed views of Camelback Mountain, perfect for enjoying Arizona's beautiful sunsets. The updated kitchen features stainless steel appliances and granite countertops while the primary suite includes a walk-in closet for ample storage. This unit includes a 2-car attached garage and access to community amenities, including a pool and BBQ areas. Ideally located in between Old Town Scottsdale (2 mi), Camelback Mountain (3 mi), Arcadia (1 mi), the Arizona Biltmore (6 mi), ASU (4 mi), & Sky Harbor International Airport (5 mi)

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7019 W Potter Drive Glendale, AZ 85308

New

$635,000

4 Beds

2 Baths

2,114 SqFt

Status Active

MLS # 6760550

Property Type Single Family Residence

Price Type --

BEAUTIFUL home in Sierra Verde at Arrowhead Ranch, conveniently just minutes from the Loop 101. This amazing single story home has a 3 car garage, 4 bedrooms, 2 baths and a POOL!! This home is move-in ready with the endless upgrades and perfect layout! There is a beautiful lake, running path and Sierra Verde Park just minutes outside the front door! Come check out this STUNNING home!

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14001 N 57th Street Scottsdale, AZ 85254

New

$635,000

3 Beds

2 Baths

1,511 SqFt

Status Active

MLS # 6760421

Property Type Single Family Residence

Price Type --

Take a look at this stunning updated gem in 85254! This beautiful home boasts 1,511 sf of living space, offering contemporary living at its finest. As you step inside, you're greeted by an open-concept living area that features a spacious great room, perfect for entertaining. The kitchen is updated with stainless-steel appliances, RO water system, granite countertops, tile backsplash, and ample cabinets and storage space. Enjoy gorgeous LVP flooring throughout the entire house, adding to the sophistication and elegance of this home. All the fixtures have been updated to give the property an updated and polished look. The master suite is spacious, offering a walk-in tiled shower in the bathroom, providing the ultimate relaxation and comfort.

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