Privately owned housing starts dropped 14.7% in March, the largest monthly decline since the onset of the COVID-19 pandemic in April 2020.
The post New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
Construction of new homes fell 4.3% in December, as home builders scaled back new projects.
The post Housing Starts Fall in December as Builders Scale Back on Single-Family Homes appeared first on Real Estate News & Insights | realtor.com®.
These markets where new-home construction is booming range from surprisingly affordable coastal areas to the rugged mountains of the West.
The post Building Boom: The Top 10 Places for Buyers To Find Newly Constructed Homes, 2024 appeared first on Real Estate News & Insights | realtor.com®.
What is going on in this contradiction-riddled housing market? There are so many factors keeping both prices and mortgage rates high.
The post Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions appeared first on Real Estate News & Insights | realtor.com®.
The nation is in the clutches of the largest housing shortage it’s ever experienced—resulting in high home prices and bidding wars.
The post The Housing Shortage Hits Crisis Levels: What Homebuyers, Sellers Need To Know Before Making a Move appeared first on Real Estate News & Insights | realtor.com®.
Builders are finally figuring out how to put up more starter homes that first-time and other cash-strapped homebuyers can afford.
The post First-Time Buyers, Rejoice! Builders Are Finally Putting Up More Affordably Priced Starter Homes appeared first on Real Estate News & Insights | realtor.com®.
New home sales at 640,000 annual rate in February versus 633,000 in prior month, led by strong sales in the West.
The post U.S. New Home Sales Rise for the Fifth Consecutive Month appeared first on Real Estate News & Insights | realtor.com®.
After the past few years of isolating in our homes during the COVID-19 pandemic, the demand for seamless, indoor-outdoor living was on display in this year’s New American Home.
The post The Latest, Greatest, and Lamest: What We Loved, What We Didn’t at the New American Home 2023 appeared first on Real Estate News & Insights | realtor.com®.
The nation might be in the clutches of a dire housing shortage, but builders won’t be putting up enough new homes this year to make much of a dent.
The post Builders Are Slowing Down New Construction Despite the Housing Shortage. What Gives? appeared first on Real Estate News & Insights | realtor.com®.
Mortgage rates, which climbed past 6% last week, are likely to force many homebuyers to put their dreams on hold.
The post ‘Shock to the System’: Higher Mortgage Rates Slam the Brakes on the Housing Market appeared first on Real Estate News & Insights | realtor.com®.