Sales of newly built homes climbed 7.5 percent between September and October to a seasonally adjusted rate of 632,000, according to data released Wednesday from the United States Census Bureau. Continue reading
The decline in housing starts, released Thursday by the U.S. Census Bureau. was not as dramatic as a decrease posted in September when starts plunged 18 percent. Continue reading
Ownly, a company that provides home builders a solution for online retail functionality, has established a couple of partnerships to further its goal of making buying new construction homes as easy as “couch to contract.” Continue reading
Confidence dropped to its lowest level among homebuilders seen since June 2012, according to the latest National Home Builders Association/Wells Fargo Housing Market Index on Wednesday. Continue reading
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin. Continue reading
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
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
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 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
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