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.

Click Here to See What Your Home is Worth

Listing types.

For Sale

For Rent

Land

Multifamily

Commercial

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeOtherSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

Location Search Nearby

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

School District

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

875 S Newport Street Chandler, AZ 85225

New

$585,000

3 Beds

2 Baths

1,488 SqFt

Status Active

MLS # 6760729

Property Type Single Family Residence

Price Type --

Welcome to your dream home in the desirable Willis Ranch community! This spacious three-bedroom, two-bathroom residence sits on a huge pie-shaped lot, offering a massive backyard that's perfect for outdoor gatherings. With ample room for gardening, play areas, or even a future outdoor kitchen, this backyard is a blank canvas for your creative vision. Located in a vibrant community with nearby parks and amenities, this home offers the perfect blend of comfort and leisure. Don't miss your chance to own this gem!

View Property

2205 W Marconi Avenue Phoenix, AZ 85023

$585,000

4 Beds

2.5 Baths

2,446 SqFt

Status Active

MLS # 6744620

Property Type Single Family Residence

Price Type --

Move-In ready 4 bed /2.5 bath +den home in North Phoenix! Great location, highly sought after Northgate Community. Easy access to freeways in all directions, this home is surrounded by multiple shopping and dining options. The large formal area welcomes you with sky-high ceilings and is the start of the perfect functional floor plan featuring a large kitchen and open concept family room. Upgraded cabinets and counters make this stylish kitchen a delight to prepare your favorite meals. The upstairs features a large loft perfect for a play area for the kids and the master bedroom includes a walk-in closet and huge master bath with a separate tub and shower. The backyard completes the home with a sparkling pool and built in BBQ.

View Property

2936 N 72nd Street Mesa, AZ 85207

$585,000

4 Beds

3 Baths

2,539 SqFt

Status Active

MLS # 6756368

Property Type Single Family Residence

Price Type --

Well-maintained family home located in the gated community of Desert Creek at Las Sendas. This lovely 4 bedroom/3 bath/2500+ square foot home, is located on a well-desired corner lot. It has an amazing open floor plan with a large great room and kitchen that are perfect for entertaining. Head outside through the oversized sliding glass door to relax in the beautifully manicured side yard under the covered patio. Yard is landscaped with pavers and turf for easy maintenance. Primary suite is conveniently located on the first level along with an additional bedroom and full bathroom. On the second level, there are two additional bedrooms, a full bathroom, along with a nice size loft, which includes amazing storage closets. Garage is equipped with a EV dual charger for hybrid/electric cars.

View Property

6830 N 10th Place Phoenix, AZ 85014

$585,000

4 Beds

2 Baths

1,401 SqFt

Status Active

MLS # 6746114

Property Type Single Family Residence

Price Type --

Located in central Phoenix, this beautiful 4bd/2bt split floor plan offers a great room, upgraded stainless steel appliances, and granite countertops. The house features tile flooring throughout the home, lots of storage rooms, and a beautiful green/lush backyard with a large patio. This beautiful home is in Madison school district-2nd Best Elementary School District in Arizona - Ranking Arizona: Top 10 elementary school districts for 2024.

View Property

926 N 97th Way Mesa, AZ 85207

$585,000

3 Beds

2 Baths

1,651 SqFt

Status Active

MLS # 6747081

Property Type Single Family Residence

Price Type --

Beautiful to be built Modern Farmhouse home with NO HOA! This incredible home includes 1,651 SQFT, 3 large bedrooms, 2 bathrooms, an oversized 2 car garage, open floor plan & kitchen, white quartz counter tops, upgraded stainless steel appliances, farmers sink, modern cabinets, built in soaking tub & double vanities in the primary bathroom, fully fenced backyard, horse privileges, the ability to build a casita or RV garage, & so much more!

View Property

16627 N 59th Street Scottsdale, AZ 85254

$585,000

3 Beds

2 Baths

1,287 SqFt

Status Active

MLS # 6753403

Property Type Single Family Residence

Price Type --

***Super Cute Desert Shires***Hard to find 3 bed 2 bath single level floor plan located near Kierland in North Scottsdale. Kitchen overlooks dining and living area with granite counters and all new appliances. Neutral tile floor covering, ceiling fans and inviting fireplace. New roof, new HVAC and water heater. Master bedroom with large walk-in closet and spacious bathroom has direct access to outdoor patio that has plenty of room for entertaining. This location at this price point is hard to find. Close to shopping, restaurants, freeways and everything you could need or want. Hurry, this one won't last.

View Property

25230 S Lakeway Drive Sun Lakes, AZ 85248

$585,000

3 Beds

2 Baths

1,877 SqFt

Status Active Under Contract

MLS # 6747806

Property Type Single Family Residence

Price Type --

RARE find, 3 bdrms & 2 baths + a den. This lake front home offers a panoramic view, providing a serene & picturesque setting. The renovated kitchen showcases soft-close staggered raised panel maple cabinetry, a spacious island, W-I pantry, SS Frigidaire Professional appliances creating a functional & modern cooking space. The great room offers a cozy fireplace with stone accents & den provide additional living areas. The primary bdm is thoughtfully designed with 2 closets (1 W-I) granite countertops, dble sinks, & W-I shower, & looks out on the lake. The 2.5-car garage offers additional storage, including room for a golf cart & a utility sink. The home is located within an active adult community of Sun Lakes Country Club, with golf course, club house, pickle ball, tennis, pools and more

View Property

10902 E Silver Mine Road Gold Canyon, AZ 85118

$585,000

2 Beds

2 Baths

1,838 SqFt

Status Active

MLS # 6724593

Property Type Single Family Residence

Price Type --

!! ASUMMABLE 4.5% Mortgage!!! Come take a look at this Immaculate home with breathtaking views of the Superstition Mountains on a cul-de-sac. This 2 bedroom home with den, and bonus room, with 2 bathrooms features tile flooring, large kitchen with granite countertops, stainless steel appliances, and breakfast bar, updated bathrooms as well as extended garage with built in cabinets. Whether it's morning coffee or an evening glass of wine. Your very own backyard oasis will not disappoint with heated pool and spa, putting green, BBQ, and AMAZING mountain views. All this in the gated community of Peralta Trail where you are close to amazing golf, hiking trails, mountain biking trails, off roading trails and much more. Come take a look. You'll be glad you did!!

View Property

1660 W Acoma Drive Phoenix, AZ 85023

$585,000

4 Beds

2 Baths

1,812 SqFt

Status Active Under Contract

MLS # 6754325

Property Type Single Family Residence

Price Type --

Situated in Moon Mountain Vista Subdivision, this home does not come along often. North/south lot with 3 bedrooms and optional 4th that can be used as an office, and 2 full bathrooms. Open floor plan with vaulted ceilings. Upgraded kitchen with new granite counter tops and tiled back splash, all new black stainless steel appliances. Anderson slide door leads outside. The out back full-length covered patio leads to an open backyard with rose and lemon shrub tree. 2018 new roof with warranty. New AC unit installed in 2021. Elegant mixture of tile, wood laminate and carpet flooring. 3 car garage painted in 2024 with epoxy floors. 2023 new exterior paint. New 50 gallon hot water tank installed in 2018. Beautifully upgraded landscaping in both back & front yard with low maintenance. A must see

View Property

19013 N 74th Drive Glendale, AZ 85308

$585,000

4 Beds

2 Baths

2,031 SqFt

Status Active

MLS # 6743168

Property Type Single Family Residence

Price Type --

You are going to love this 4 bedroom, 2 bath home in beautiful Arrowhead Ranch! Recently remodeled including all flooring to wood look laminate, inside and outside painting, upgraded windows and doors, kitchen cabinets, under counter lighting, landscaping upgrades including lighting, built in fire pit and water feature, owned solar and additional slab for parking. Really appealing floor plan with Living/dining area as you enter the home where you will immediately notice the care and attention paid to every nook. Cozy family room anchored by a fireplace with a gorgeous quartz mantle. Beautifully updated kitchen with designer cabinets, quartz counter tops, stainless appliances and a perfect spot for a breakfast table. Oversized primary bedroom with en suite featuring dual vanities step in shower and soaking tub. Amazing outdoor living in this home with a large covered patio overlooking the grassy area, beautiful desert landscaping, ramada with fire pit and additional seating and serene water feature. This home is very special.

View Property

631 N Forest -- Mesa, AZ 85203

$585,000

4 Beds

2.5 Baths

2,036 SqFt

Status Active Under Contract

MLS # 6746856

Property Type Single Family Residence

Price Type --

Remodeled home with a pool, a large lot, an RV gate and no HOA! 2 New AC units! The bright interior boasts exposed beams, freshly painted walls, wood-look tile flooring, and a welcoming living room adorned with a floor-to-ceiling brick fireplace and lots of windows for natural light. The brand new custom kitchen features thin-shaker cabinets, stainless steel appliances, quartz counters, and a pantry. Retreat to the grand main suite, featuring a pristine ensuite and a walk-in closet. The private backyard invites you to relax and have fun with a covered patio, a sparkling pool, a refreshing spa, and the perfect sized patch of grass. Don't let this lovely abode get away! come visit us today!

View Property

14450 N Thompson Peak Parkway Unit 216 Scottsdale, AZ 85260

$585,000

2 Beds

2 Baths

1,421 SqFt

Status Active

MLS # 6727148

Property Type Townhouse

Price Type --

Stunning 26 foot ceilings in this modern and elegant townhouse. Conveniently located off the 101 and Raintree with access to great shopping and all that Scottsdale has to offer. Two bedrooms and two bathrooms with updated kitchen, appliances, and bathrooms. 1 car attached garage with extra storage. Spacious loft perfect for a home office. Beautiful community pool and heated spa. Very private and quiet.

View Property