An index measuring home-builder confidence failed to post any gain this month, remaining unchanged after eight consecutive months of increases.
The National Assn. of Home Builders/Wells Fargo Housing Market Index held at 47, which was its highest level since April 2006. Any reading over 50 indicates that more builders view conditions as good rather than poor.
“Conditions in the housing market look much better now than at the beginning of 2012, “Barry Rutenberg, chairman of the association, said in a news release. “An increasing number of housing markets are showing signs of recovery, which should bode well for future home sales later this year.”
The components of the index, which is derived from a monthly survey, were mixed. The current sales conditions part of the index was unchanged at 51. The part measuring sales expectations in the coming six months fell 1 point to 49. The part of the index measuring traffic at model homes from potential buyers gained one point to reach 37.
ALSO:
Supply of 'shadow' homes declines again
Home sales jump to highest pace in three years
Builder confidence in housing is highest in six years
Comments are filtered for language and registration is required. The Times makes no guarantee of comments' factual accuracy. Readers may report inappropriate comments by clicking the Report Abuse link next to a comment. Here are the full legal terms you agree to by using this comment form.
';
shareDiv.innerHTML = templateHTML;
/* append the new div to the end of the document, which is hidden already with CSS */
document.body.appendChild(shareDiv);
/* Store the div in both a regular JavaScript variable and as a jQuery object so we can reference them faster later */
var shareTip = document.getElementById('shareTip'),
$shareTip = $('#shareTip');
/* This extends our settings object with any user-defined settings passed to the function and returns the jQuery object shareTip
was called on */
return this.each(function() {
if (options) {
$.extend(settings, options);
}
/* This is a hack to make sure the shareTip always fades back to 100% opacity */
var checkOpacity = function (){
if ( $shareTip.css('opacity') !== 1 ){
$shareTip.css({'opacity': 1});
}
};
/* Function that replaces the HTML in the shareTip with the template we defined at the top */
/* It will wipe/reset the links on the social media buttons each time the function is called */
var removeLinks = function (){
shareTip.innerHTML = templateHTML;
};
/* This is the function that makes the links for the Tweet / Share functionality */
var makeURLS = function (link, message){
/* Here we construct the Tweet URL using an array, with values passed to the function */
var tweetConstruct = [
'http://twitter.com/share?url=', link, '&text=', message, '&via=', settings.twitter_account
],
/* Then join the array into one chunk of HTML */
tweetURL = tweetConstruct.join(''),
/* Same story for Facebook */
fbConstruct = [
'http://www.facebook.com/sharer.php?u=', link, '&src=sp'
],
fbURL = fbConstruct.join(''),
newHTML = [
''
],
shareHTML = newHTML.join('');
/* Load in our new HTML */
shareTip.innerHTML = shareHTML;
};
/* Since the shareTip will automatically fade out when the user mouses out of an element */
/* we have to specifically tell the shareTip we want it to stay put when the user mouses over it */
/* This effectively gives the user a 500 ms (or whatever) window to mouse */
/* from the element to the shareTip to prevent it from popping out */
$shareTip.hover(function(){
$shareTip.stop(true, true);
$shareTip.show();
checkOpacity();
}, function(){
$(this).fadeOut(settings.speed);
});
/* This function handles the hover action */
$(this).hover(function(){
/* remove the old links, so someone doesn't accidentally click on them */
removeLinks();
/* If there's already an animation running on the shareTip, stop it */
$shareTip.stop(true, true);
var eso = $(this),
message,
/* Store the width and height of the shareTip and the offset of the element for our calculations */
height = eso.height(),
width = eso.width(),
offset = eso.offset(),
link;
link = eso.children('a').attr('href');
message = escape( eso.find('img').attr('alt') ) || eso.attr(settings.message_attr);
if (link.search('http://') === -1){
link = 'http://www.latimes.com' + link;
}
link = encodeURIComponent(link);
/* If it's at the top of the page, the shareTip will pop under the element */
if (offset.top
