«This fifth consecutive month of improvement in builder confidence provides further assurance that the housing market is moving in a positive direction, but there's still a long way
to go
on the
road to recovery and several obstacles are slowing our
progress,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «In particular, unnecessarily tight credit conditions are preventing many builders from putting crews back
to work — which would create needed jobs — and discouraging consumers from pursuing a new - home purchase.»