Just as mortgage industry prognosticators keep upping the ante for originations this year, National Association of Home Builders economists are in the process of revising their forecasts upward."2003 is becoming a fabulous year that more than likely will set another record," NAHB president Kent Conine said at the Pacific Coast Builders Conference in San Francisco. A revised housing outlook is necessary because loan rates have remained low for longer than expected, the builder-developer from Dallas explained. "Builder confidence is high, builder optimism is high," he told reporters. "Our ability to put product on the ground and our ability to sell it is quite strong."
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