Homebuilder Confidence in US Falls to Lowest Level Since April of 2009 Bloomberg - Bob Willis - ‎15 minutes ago‎ Builders in the US turned more pessimistic in July than forecast, a sign the expiration of a government tax credit will depress home construction. Home-Builder Confidence Drops Wall Street Journal U.S. home builders' index falls to 15-month low MarketWatch Today's headlines. As I have said for years, it will be a slow motion falling house of cards. Deeper and Deeper into Depression. But at least, it will be gradual so nobody will be alarmed.