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Homebuilders are at max capacity. And the housing shortage keeps widening

Housing Wire

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” Dietz explained that lumber/materials, labor, land and financing are all “limiting factors” on the supply of homes in the country.

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Builders continue to get a boost from low inventory

Housing Wire

Currently, one-third of housing inventory is new construction, compared to historical norms of a little more than 10%,” Robert Dietz , the NAHB’s chief economist, said in a statement. More buyers looking at new homes, along with the use of sales incentives, have supported new home sales since the start of 2023.”

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DataDigest: The pandemic housing frenzy never went away in these markets

Housing Wire

It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey. In much of suburban New Jersey, where new construction is rarer than cheap Bruce Springsteen tickets, the pandemic-era conditions never left. You land the client and get a commission, or you don’t and you get bupkis. “I

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How to Get a Land Loan to Build a House

RIS Media

Are you wondering how land loans work? Maybe you’re setting your mind on purchasing a piece of land that wonderfully fits your future house? Getting a loan for land is a smart move, especially when you will not be constructing your home right away. Procuring land financing is a great way to make your purchase on time.

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Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

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The Cost to Build a House in North Carolina: Breaking Down the Numbers

HomeLight

Find a Buyer's Agent To help you navigate the ins and outs of building in North Carolina, we spoke with Thomas Wohl , a highly-ranked real estate agent serving the Raleigh-Durham-Chapel Hill region with 29 years of experience, specializing in new construction, first-time home buyers, and relocations. behind Florida and Texas.

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Opinion: How hybrid work is building the future of housing

Real Trends

A recent paper from the Federal Reserve Bank of Kansas City suggests a coming boom in new housing construction. And with more opportunity for land in less developed areas, buyers could have even more choice when it comes to buying new construction. . Lose that expensive energy bill.