Why Builders, Buyers Are Favoring Townhomes Townhomes tend to offer buyers a lower-cost alternative for housing in the current environment of ever-rising prices.
2-Story Homes Discontinued in New North Texas Community Over Lumber ‘Issues’ t’s not clear if the delay on two-story homes applies to one or multiple communities.
U.S. New-Home Sales Declined in February for a Second Month New-home purchases account for about 10% of the market and are calculated when contracts are signed. They are considered a […]
Construction Costs Hit Highest Spike in 50 Years Continued demand for homes and an influx of new residents to certain states, like Texas, have made way for sharp price increases as […]
How many more housing units do we really need to build? If you follow the housing market at any level, you know we’re in the midst of a severe shortage […]
Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift https://www.appraisalbuzz.com/new-home-construction-expectations-for-2022/ […]
Homebuilder confidence drops for the first time in four months Builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the […]
Sales of newly built homes tank as affordability hits buyers Prices are higher because inventory for existing homes is much lower, with barely a 2-month supply at the current sales […]
NEW-HOME MORTGAGE APPLICATIONS DOWN 2.2% IN NOVEMBER Applications to purchase new homes in November slightly declined on a monthly basis. However, the average loan amount increased to a new record […]
Homebuilders are facing another shortage: housing lots We learned this week that home construction fell 0.7% in October, according to the Commerce Department. That’s thanks in part to shortages of home […]