Source: National Association of Home Builders, Washington, D.C.
Builder confidence in the market for new single-family homes rose three points to 59 on the NAHB/Wells Fargo Housing Market Index (HMI) for August, marking a fourth consecutive monthly gain and bringing the index to its highest level in nearly eight years.
Recent damage caused by Hurricane Irene and Tropical Storm Lee has shown the importance of implementing newer solutions when building coastal homes. The idea of mass-producing hurricane- and storm-surge-resistant homes is not new, but until now it has been a difficult concept to accomplish. However, ForeverHome believes it has the solution.