Real Estate Handbook

NEW YORK (Reuters)
According to the National Association of Home Builders (NAHB) said that the United States home builder soar low this April, the sales in new homes wasn’t boosting. For the third consecutive months the The NAHB/Wells Fargo Housing Market index remains the same at 20 and considered as being worst in a century.

Due the high number of foreclosure on the housing marketplace lenders have become tougher and strict in doling out home mortgages.

As experts expected lots of buyers keep themselves cautious, concerned in acquiring a home that could go down the value if prices keep sliding. Congress are now being pressed by the builders group to take actions in housing crisis.