Much like the American people today, the economy is starkly divided — and it’s impacting the real estate market. Here’s how. Source: Inman News
Posts published in “new construction”
Builders are negotiating, mortgage rates are biting and budget-conscious buyers are pulling back — leaving lower-priced homes vulnerable to deep discounts. Source: Inman News
Home values still remain far above what they were before the pandemic sent home prices soaring across the U.S. Source: Inman News
Sales of new single-family homes dropped 8.2 percent year over year to a seasonally adjusted annual rate of 652,000, which still beat analysts’ expectations of…
The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts…
Luxury prices in the region have continued to rise, as have sales in select hot markets, while the market at large is simultaneously seeing a…
New construction starter homes have become a thing of the past as costs continue to rise, according to a report from Cotality. More buyers are…
Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the…