Wary optimism sparks new-home outlook … but grind may linger

While homebuilder sentiment remains subdued after a 12-month grind that hasn’t quite let up, Robert Dietz, Chief Economist for the National Association of Home Builders, offered “guarded optimism” in his take on housing economics’ complex set of market drivers. 

In other words, the worst of the worst may be over, but don’t expect a switch to flip. Not yet, anyway.

Still…