Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm’s latest household sentiment survey: “I was hoping to…
Posts published in “John Burns Real Estate Consulting”
Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according…
Builders have seen cancellation rates spike this year as buyers now struggle to afford the homes they signed up for months ago, according to data…
August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436 billion, a 2.9 percent fall from July, according…
Homebuilders are reporting shorter construction timelines and fewer supply-chain issues as they deal with a drop in demand for new houses, according to a survey…
Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Source: Inman News
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first…
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first…
Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report…
It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have…