Builder confidence rises in August

August brought a modest uptick in builder confidence, rising to 35—still below the neutral mark of 50. Here in West Michigan, we keep a close eye on these trends, as they often signal shifts for buyers and sellers alike. The Midwest and Northeast showed improvement, while other regions held steady or dipped. High construction costs, rising fuel prices, and ongoing economic uncertainty continue to shape the landscape, but it’s interesting to note that custom homes and smaller markets are weathering the storm more effectively. Our team’s deep experience with new construction and local expertise ensures we stay ahead of these changes, always focused on guiding our clients through every market cycle.