It’s too expensive for builders to solve the housing shortage
The prognosis isn’t good, according to Goldman Sachs. The bank sees housing starts only hitting 1.5 million per year for the next few years, a pace that’s elevated from the last […]
Category Archives: new construction
Prepare to pay more or cancel contract, Dallas-Fort Worth home builder tells customers
Prepare to pay more or cancel contract, Dallas-Fort Worth home builder tells customers. A Dallas-Fort Worth home builder has warned 164 buyers that the cost of their homes likely will […]
Higher Production Prices Sting Builders and Homeowners Alike
Higher Production Prices Sting Builders and Homeowners Alike While builders are doing their best to deal with the issue, sky-high costs of building materials continue to challenge their efforts, leaving […]
The US is short 6.8 million homes, National Association of Realtors says
Decades of chronic underbuilding left the US housing market with a colossal gap between consumer demand and nationwide supply, The US is short 6.8 million homes, National Association of Realtors […]
You can’t even find dirt to build homes on in Texas
An expert says there’s only one thing that can slow down runaway housing train in Texas. You can’t even find dirt to build homes on in Texas #mariesellsdallas #homeforsale #RealEstateMarket
Housing Demand Is So High That Some Builders Have to Turn Down Jobs
In some areas of the country — namely Florida, Texas and southern California — large, publicly traded builders like Lennar and D.R. Horton have been experimenting with blind auctions on […]
New-Home Construction Slows as Costs Increase
While housing starts were strong at the beginning of the year, due to home builders constructing homes that were sold pre-construction, higher costs and limited availability of building materials have […]
U.S. Housing Starts Trail Estimate, Hinting at Supply Chain Woes
Construction has been held back in recent months by supply chain constraints as well as higher materials costs, particularly for lumber. U.S. Housing Starts Trail Estimate, Hinting at Supply Chain […]
Home construction sees biggest drop since pandemic hit. Here’s why
Home construction sees biggest drop since pandemic hit. Here’s why Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices and […]
New houses are still more expensive than existing homes, despite what the data says
New houses are still more expensive than existing homes, despite what the data says The median price of a newly built house was slightly lower in March than the median […]
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