Morning Minute: Homebuilders more optimistic about market

Homebuilder sentiment rose in August for the third consecutive month and to the highest level since the beginning of the year, the National Association of Home Builders reports. The factors that are contributing to this improved outlook — job growth, low mortgage rates and affordable home prices — also benefit the existing-home market.

In other headlines:

RealtyTrac: Cash purchases disappearing from home sales – HousingWire

US homebuilder confidence rises in August – WAND-TV

Thinking of moving? – NewsTribune

NAR Announces Launch of .REALTOR Top-Level Domain – National Association of REALTORS®

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