How to Break Down Your New Home Build Budget
If you decide you want to build a brand new home, there are several budgetary items to consider.
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What You Need To Know if You’re Thinking About Building a Home
If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s
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Shifting U.S. Attitudes Provide Clues for the Market
Homebuilding trends are changing attitudes about the overall housing market. It’s important to keep informed.
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3 Charts That Show This Isn’t a Housing Bubble
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
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What builders see in a deeply unhealthy housing market
The big news from the U.S. Census Bureau’s May new home sales report is that sales inventory has increased to 5.1 months, which brings the three-month average to 4.63 months.
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New home sales fall to lowest pace in a year
Sales of newly built, single-family homes fell to the lowest pace in a year, down 5.9% in May to a 769,000 seasonally adjusted annual rate, according to data released Wednesday by the Department of Housing and Urban Development and the U.S. Census Bureau.
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Why Builders Can’t Keep Up with Home Sales
Once upon a time, the key words in real estate were “location, location, location.” Then, the infamous three Ls, at least in the new construction sector, became “land, lots and labor.”
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Home Builders Can’t Keep Up with Demand
With the cost of materials rising, home builders are having a struggle to keep up with the demand for affordable housing units when there is already a shortage.
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