Selling new construction: 5 tips for working with property developers and buyers

For first-time homebuyers and empty nesters, construction projects such as subdivisions, townhouse complexes and condominiums are often the perfect mix of convenience and ease. Continue reading

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. The Agency’s Santiago Arana offers strategies to help you guide and advise your clients through every step of the process. Continue reading

New construction scores a modest win as housing starts jump 12%

Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading

Spending on construction dipped in July amid market slowdown

Spending on construction in the U.S. has been growing for years, but amid rising rates and a stalling market that trend appears to be coming to an end. Continue reading

Annual rent growth slows for 2nd straight month in July, report says

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. Continue reading

The 10 most stable housing markets in the United States, ranked

The U.S. 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. Continue reading

Does a jump in demand fully explain the pandemic housing market?

A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading

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. Continue reading

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. Continue reading

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 … Continue reading