Can confidence be measured? Home builders say YES!!

You might be thinking the same thing I was at first - how can you accurately measure confidence? Well, home builders all across the country seem to think it is all in the numbers...the home buyer numbers that is...

Home builder's confidence levels hit a near nine year high in the month of September. The last time new home sales and new home interest in general was this high was November 2005. During the month of September, The National Association of Home Builders/Wells Fargo Market Index increased by 4 points.

Compare our current economy and home buying mindset to that of a wild animal that has been pinned up in a cage for years. What happens when that animal is finally set free? It runs faster and harder than it did before it was trapped. Our previously constrained economy had our buyers pinned in a cage...

Now that our job market has made a strong return...it is time for consumers to run free.

Jacksonville - A top buyer's market in The United States

With increasing home inventory, an improving economy and an ever-so-slow growth in human morale (regarding the recovering economy), all signs point in favor of a "Buyer's market."

Zillow reported Jacksonville, FL to be one of the premiere buyer's markets in the country. Reports say the average home in Jacksonville was listed at $208,000 - however, the average sale price came in at $191,500. 

While it is true we are in a strong economic recovery, there are still deals to be made...

Here's the report's top ten buyers' markets:

1. Providence, RI

2. Cleveland, OH

3. Philadelphia, PA

4. Milwaukee, WI

5. Chicago, IL

6. Pittsburgh, PA

7. Tampa, FL

8. New York/Northern NJ

9. Cincinnati, OH

10. Jacksonville, FL