US homebuilder confidence soars to 7-year high - Dallas News | myFOXdfw.com

US homebuilder confidence soars to 7-year high

Posted: Updated:

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

The National Association of Home Builders/Wells Fargo builder sentiment index leaped to 52 this month from 44 in May.

A reading above 50 indicates more builders view sales conditions as good, rather than poor. The index hasn't been that high since April 2006, just before the housing market collapsed.

Measures of customer traffic, current sales conditions and builders' outlook for single-family home sales over the next six months also soared to their highest levels in seven years.

Steady job growth, low mortgage rates, rising home prices and tight supplies of homes for sale have supported a recovery in housing this year.

AP-WF-06-17-13 1406GMT

  • Your MoneyMore>>

  • Heartbleed: Android devices may be vulnerable

    Heartbleed: Android devices may be vulnerable

    Tuesday, April 15 2014 10:14 PM EDT2014-04-16 02:14:46 GMT
    If you've heard about the Heartbleed bug, maybe you've already changed all your passwords and online security information. But Android users may still be at risk. Lance Ulanoff, senior editor of the online tech site Mashable, explains: "For the most part, Heartbleed has really been about the services that you access, and not local devices so the encryption on the device may have the same vulnerability."
    If you've heard about the Heartbleed bug, maybe you've already changed all your passwords and online security information. But Android users may still be at risk. Lance Ulanoff, senior editor of the online tech site Mashable, explains: "For the most part, Heartbleed has really been about the services that you access, and not local devices so the encryption on the device may have the same vulnerability."
  • Connecticut casinos post March slot revenue drop

    Connecticut casinos post March slot revenue drop

    Tuesday, April 15 2014 9:34 PM EDT2014-04-16 01:34:00 GMT
    Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. Foxwoods reported Tuesday that the share of wagers, known as revenue, was $44.6 million, down 10 percent from March 2013. Total slot machine wagering at the Mashantucket Pequot tribal casino was $566 million, down 5 percent.
    Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. Foxwoods reported Tuesday that the share of wagers, known as revenue, was $44.6 million, down 10 percent from March 2013. Total slot machine wagering at the Mashantucket Pequot tribal casino was $566 million, down 5 percent.
  • Heartbleed: what websites are affected and what you should do now

    Heartbleed: what websites are affected and what you should do now

    Tuesday, April 15 2014 9:16 PM EDT2014-04-16 01:16:42 GMT
    The Heartbleed bug is no joke. Websites, social networks, services, networking equipment, and web-enabled hardware may all be vulnerable. Here are some steps to take right now: Use the LastPass Heartbleed checker to see if websites you use are vulnerable and/or if they have installed security patches. Check the website of the company that made your home router in case it has been compromised. Make sure to download any software updates and security patches. Change your passwords.
    The Heartbleed security flaw is no joke. Websites, social networks, services, networking equipment, and web-enabled hardware may all be vulnerable. Here are some steps to take right now: Use the LastPass Heartbleed checker to see if websites you use are vulnerable and/or if they have installed security patches. Check the website of the company that made your home router in case it has been compromised. Make sure to download any software updates and security patches. Change your passwords.
Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices