Opendoor is digging into the new home market through a partnership with Builders Digital Experience, the owners of the new home search platform NewHomeSource. Starting…
Posts published in “new home sales”
Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Source: Inman News
Prices under $200,000 have nearly disappeared from the market for newly constructed homes, according to new data. Source: Inman News
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
Economists at Fannie Mae are again sounding warnings that rising rents and record home price appreciation could contribute to long-lasting inflation that leads to earlier,…
New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices…
As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Source: Inman News
HomesUSA.com says that Caballero sold 6,438 homes worth more than $2.46 billion in 2020 — 637 more homes than his second Guinness World Record. Source:…
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to…
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and…