What’s New In New Home Construction?
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Time On Market Improves For 1st Time In Years
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Home Builders Cut Prices On New Homes
New homes are generally more expensive than previously owned homes. That’s not surprising. Anything brand new typically costs more than something used. But if you’re a prospective home buyer who’s
Is Relief Ahead For Home Buyers?
A new quarterly report from the National Association of Realtors found the median home price reached a new record high during the second quarter. By the end of June, it
How Competitive Is Today’s Housing Market?
A competitive housing market can be stressful for home buyers. When there are more buyers than homes for sale, available homes sell quickly and for more than their asking price.
Price Gains Continue But At A Slower Pace
Home prices have been increasing at an accelerated pace for years now. That’s great for homeowners but an obvious challenge for buyers, who could likely use some relief. Fortunately, they’re
New Home Construction Beats Last Year’s Pace
The rate of new home construction is an important housing market indicator. It not only says something about the economy and buyer demand, it also tells you something about where
Low Inventory Still Ranks As Buyers’ Top Problem
The number of homes for sale has recently showed signs of a rebound after hitting historic lows during the pandemic. The additional listings are obviously welcome news for prospective home
Americans Expect Fewer Price, Rate Increases
Fannie Mae’s monthly Home Purchase Sentiment Index surveys Americans and asks them for their perception of the housing market and economy. Survey respondents are asked whether they think now is