How to help buyers prepare for new construction realities of today
Helping a buyer prepare for the purchase and development of a new construction home is a nuanced task. Here's what you should know
by Santiago Arana Oct 11
A man laying brick using mortar
Monthly housing starts rose 12.2% in August to a seasonally adjusted rate of 1,575,000, according to US Census Bureau data released Tuesday. August 2022 levels fell 0.1% year over year
by Ben Verde Sep 20
Spending on construction dipped in July amid market slowdown
Spending on construction in the US has been growing for years, but amid rising rates and a stalling market that trend appears to be coming to an end
by Jim Dalrymple II Sep 1
rental image
Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to experience large rent increases
by Ben Verde Aug 19
The 10 most stable housing markets in the United States, ranked
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
by Lillian Dickerson Jul 19
Does a jump in demand fully explain the pandemic housing market?
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
by Jim Dalrymple II Jul 12
Lumber prices seesaw lower, and some homebuilders aren't happy
The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home
by Daniel Houston May 11
Homeowner support grows for mother-in-law units: Survey
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow
by Daniel Houston Apr 11
A record-breaking new build in the Panhandle: The moves behind the transaction
Engel & Völkers' Beau Blankenship says he attributes selling a mid-construction home at a record-breaking price point in the Florida Panhandle to having a strong network, acquiring a good share of listings in his market, and representing a unique property
The homebuilding supply chain is broken. How can we fix it?
As homebuyers falter under the weight of scant inventory and booming home prices, everyone is counting on homebuilders to tip the scales by increasing supply. However, the specter of The Great Recession and coronavirus-induced supply chain issues means help — for builders and buyers — is far away
by Marian McPherson Mar 28
Ownly brings 'click to buy' simplicity to new construction: Tech Review
With more people buying sight unseen and fighting to get offers accepted, buying new construction becomes a worthwhile consideration. Now imagine how much more attractive buying new becomes when builders actually meet the buyer halfway
by Craig C. Rowe Mar 14
Luxury spilled into secondary markets in 2021: Coldwell Banker
New price thresholds and the spread of cash into secondary markets could position 2022 as a good year for high-end housing markets, according to Coldwell Banker's Global Luxury report
New home sales falter in January, but more inventory in the pipeline
Homebuilders have made strides in replenishing inventory, but much of it remained under construction as sales took a hit in January, according to data from the US Census Bureau
by Daniel Houston Feb 24
Housing starts dipped in January amid Omicron surge, cold weather
The decline in starts came as Omicron cases surged across the US and wintry weather hampered builders' progress, according to data Thursday from the US Census Bureau and HUD
by Lillian Dickerson Feb 17
Share of newly constructed homes on market reaches all-time high
A report from Redfin found that 34.1 percent of homes on the market in the last month of 2021 were new construction, compared to just 25.4 percent the year prior
by Ben Verde Jan 31