A sudden slowdown in home construction hasn’t affected the rise of new apartment buildings. Ten of the country’s top metros are set to reach five-year peaks in new-apartment construction during 2022.
The post As demand for new homes cools, builders reconsider future plans appeared first on Atlanta Agent Magazine.
Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?
The post Is the ‘Lumber Bubble’ finally bursting? appeared first on Atlanta Agent Magazine.
“An eventual easing of supply pressures and low inventories should be supportive of building activity even as mortgage rates rise next year.”
The post New-Home Construction Surges Higher Amid Higher Lumber Prices—in All but One Region of the U.S. appeared first on Real Estate News & Insights | realtor.com®.
From major appliances to small pieces of pipe, items needed to build or fix homes have become hard to come by as the global supply chain issues drag on.
The post Everything and the Kitchen Sink: How the Supply Chain Is Strangling Real Estate—and What You Need To Know appeared first on Real Estate News & Insights | realtor.com®.
Wood prices have returned to levels resembling those before lockdowns cut supplies and boosted demand.
The post Lumber Prices Are Way Down—But Don’t Expect New Houses to Cost Less appeared first on Real Estate News & Insights | realtor.com®.
A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new homes.
The post Regulations add almost $94K to new home prices appeared first on Atlanta Agent Magazine.
Despite the rise in interest, buying a newly-built home is fast becoming a more expensive proposition, thanks to the rising cost of lumber.
The post Housing Starts Soar 22.6% in July as Americans Reenter the Housing Market in Droves appeared first on Real Estate News & Insights | realtor.com®.