HomeLight

APRIL 10, 2025

Phoenix, Arizona saw the most BTR completions in 2024, with 4,460 new single-family rental homes an 18% increase from the previous year. Dallas, Texas followed closely with 3,197 new units, continuing the metros rapid growth as a BTR hotspot. Your next chapter could be closer than you think.

Construction

AAOA

AUGUST 4, 2025

A quick chat with the local hardware store clerk confirmed our worst suspicion: the town’s paper mill, long the largest employer, had just closed. You drive past new construction on the way to work, overhear parents talking about school quality at the grocery store, and know whether downtown traffic is steadily increasing or tailing off.

Marketing

Seattle Times Real Estate

JUNE 29, 2025

Starting Monday, developers can build up to four homes on city lots that today are dominated by individual houses, the result of a state law meant to add smaller and more affordable homes to the vast majority of land reserved for pricey single-family homes. New construction has stalled. So in general, no one’s very happy.”

Development

Redfin

AUGUST 5, 2025

While many first-time homebuyers consider a starter home, you may be wondering if buying a new construction home is a better choice. In this Redfin article, we’ll outline the new construction process, including the pros and cons of buying a new build, and financing options. Here’s the step-by-step process.

Pre-qualification

Redfin

FEBRUARY 24, 2025

In contrast, building a home in 2025 is estimated to cost between $138,937 and $531,294 , excluding land costs, which can add an additional $3,000 to $150,000 depending on the property’s location and size. Considering these factors, the estimated cost to build a house in 2025 ranges from $110,000 to $650,000 , excluding land expenses.

Debt-to-income ratio

Marco Santarelli

MARCH 9, 2025

So, which areas should you be watching closely? The latest data points to California, Illinois, and pockets of Florida and the New York City metropolitan area as the regions facing the most significant risk of a major housing market downturn. But whispers of a potential slowdown, or even a downturn, are getting louder.

Marketing

GeekEstate

JUNE 20, 2025

On the other end of the spectrum, states like Louisiana and New York saw the most minimal rent changes, suggesting a potential shift toward stabilization or plateau, especially in highly regulated markets like New York City. New construction, strong school districts and diverse employment sectors tend to attract long-term renters.

Due diligence

Marco Santarelli

JUNE 10, 2025

5 New Haven, CT +10.8% Lima, Evansville, and Battle Creek are incredibly close and certainly part of the hottest group, just slightly under the 10% mark in this particular data snapshot. New construction might not be keeping pace in these areas. 2 Decatur, IL +12.5% 3 Syracuse, NY +11.1% 4 Weirton, WV +11.1%

Marketing

Redfin

JUNE 17, 2025

Whether a house was built in the 1930s or 1970s, old is old, and there are several factors that differentiate an old house from a new one. Layout While it depends on the home, several older houses’ layouts differ from newer ones with non-standard sizing, more closed floor plans, smaller closets, etc.

Renovation

Real Estate News

JUNE 5, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Real Estate News/Shutterstock MLS/Assn Listings display changes, dues news and more from NAR in DC The National Association of Realtors closed out a busy week in the nation’s capital, updating rules, lobbying and hearing from President Trump.

MLS

Housing Wire

APRIL 4, 2025

I remember when I couldnt find a house in Colleyville, but now we have over 80 on the market and the days on market is close to two months, Nichols said. As residents look to rebuild their homes and their lives in places like Pacific Palisades , Nourmand believes these rising costs will influence how many people decide to build new homes.

Agents

Marco Santarelli

AUGUST 1, 2025

Economic Outlook: Will we achieve a soft landing, face a mild recession, or see stronger-than-expected growth? Interest Rates Matter (A Lot): Keep a close eye on mortgage rate trends, as even small changes can significantly impact your purchasing power and monthly payment. This is arguably the biggest question mark.

Marketing

Housing Wire

MAY 2, 2025

Plus, youll need just 1015 daily contacts to land an appointment, compared to 50100 for online leads with their measly 12% conversion rates. If youre struggling, check your lead source, scripts, or closing skills. Stay market-savvy : Master your marketinventory trends, interest rates, new construction, school ratings.

Probate sale

Marco Santarelli

MAY 2, 2025

Economic Outlook: Will we achieve a soft landing, face a mild recession, or see stronger-than-expected growth? Interest Rates Matter (A Lot): Keep a close eye on mortgage rate trends, as even small changes can significantly impact your purchasing power and monthly payment. This is arguably the biggest question mark.

Marketing

Marco Santarelli

APRIL 28, 2025

Economic Outlook: Will we achieve a soft landing, face a mild recession, or see stronger-than-expected growth? Interest Rates Matter (A Lot): Keep a close eye on mortgage rate trends, as even small changes can significantly impact your purchasing power and monthly payment. This is arguably the biggest question mark.

Marketing

BAM Media

APRIL 16, 2025

And we can’t get new construction to meet that demand. Her example hits close to home: I have 20-, 22- and 24-year-olds, and they’re fortunate they have an affluent mother. Federal land is not going to work. Even the cows don’t want to live where a lot of that land is positioned in rural America.”

Agents

Marco Santarelli

JULY 26, 2025

Economic Outlook: Will we achieve a soft landing, face a mild recession, or see stronger-than-expected growth? Interest Rates Matter (A Lot): Keep a close eye on mortgage rate trends, as even small changes can significantly impact your purchasing power and monthly payment. This is arguably the biggest question mark.

Marketing

Marco Santarelli

MAY 8, 2025

So, which areas should you be watching closely? The latest data points to California, Illinois, and pockets of Florida and the New York City metropolitan area as the regions facing the most significant risk of a major housing market downturn. But whispers of a potential slowdown, or even a downturn, are getting louder.

Marketing

Marco Santarelli

MAY 22, 2025

Dave Ramsey's 2025 Housing Market Predictions I've been keeping a close eye on the housing market myself, and honestly, Ramsey's outlook aligns with what I'm seeing on the ground. Federal Land Use: Opening up more federal land for development could lead to an increase in available housing in some areas.

Marketing

Redfin

MAY 5, 2025

After closing, homeowners face steep monthly costs mortgage payments, insurance, taxes, and more which have hovered near record highs for months, thanks to the combination of elevated home prices and high mortgage rates. Flexibility could be the key to closing quickly. That’s just the beginning. Dont be afraid to ask.

Closing costs

Redfin

JANUARY 17, 2025

He wants to encourage homebuilding by reducing regulations, extending his 2017 tax cuts (TCJA) , and opening federal land for development. New construction has slowed down recently, but fewer regulations could bring some relief to the industry. About a third of construction workers in the U.S.

Marketing

Marco Santarelli

AUGUST 6, 2025

Economic Outlook: Will we achieve a soft landing, face a mild recession, or see stronger-than-expected growth? Interest Rates Matter (A Lot): Keep a close eye on mortgage rate trends, as even small changes can significantly impact your purchasing power and monthly payment. This is arguably the biggest question mark.

Marketing

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

New Construction

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. The acquisition is set to close in the first half of 2024. They also boast advantageous relationships with land sellers and can command lower costs of debt.

New Construction

Housing Wire

AUGUST 29, 2024

Additionally, urbanization is closely linked to the concept of “aging in place,” where more individuals choose to remain in urban areas as they age, necessitating housing solutions tailored to their specific needs. One notable approach is adaptive reuse, which involves repurposing existing buildings for new uses.

Renovation

Housing Wire

JULY 10, 2023

While prices are still well below peak levels across the West and in many pandemic boom towns, price firming in recent months has begun to close those gaps. New construction starts and completions were both strong in May, which is welcome news. Austin, Texas, is a notable exception. markets in 2023.

Principal

Housing Wire

MAY 2, 2024

But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. He expects the group to close about $400 million in mortgages this year, representing about 15% of the company’s total. Potempa had a joint venture with OneTrust from March 2022 to March 2024.

Loan Officer

Housing Wire

APRIL 26, 2023

That’s why builders are utilizing closing cost incentives and temporary rate buydowns often funded by lenders. “If Some markets like New Jersey don’t have land to build new homes. I think if we get down close to the 5% range, that will definitely open up a lot of buyers from an affordability standpoint.

Loan Officer

HomeLight

JULY 31, 2020

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

New Construction

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction

Housing Wire

OCTOBER 21, 2020

The beginning of the year for Lublin’s business was great for about eight to nine weeks, then March 18 came along and Century 21 Advantage Gold had to close its doors for 10 weeks. “It Although Tampa has low inventory – which is nothing new – Weisser said there is a lot of new construction, so there should be more inventory coming up.

Marketing

Housing Wire

JULY 19, 2023

Home prices and demand rocketed across the New South , and only Austin, Texas, has seen prices drop anywhere close to 10% from the peak (which still means a 55% increase from February 2020). In the Northeast, few homebuilders even attempt to build new single-family homes. Homebuilders don’t have that problem in the New South.

Land

HomeLight

OCTOBER 26, 2022

According to Florida’s Office of Economic and Demographic Research, the state gained approximately 329,000 new residents between April 2020 and April 2021. New construction is growing just as fast to accommodate the influx — in 2021, 213,494 new housing units were authorized in Florida and nearly 70% were single family homes.

New Construction

Realtor.com

JULY 12, 2021

A good clue is the rising price of the most fundamental element in housing: the land itself. Land prices are going up everywhere,” says Ali Wolf , chief economist at Meyers Research. ” In some places, prices for undeveloped land have reached heights that would have been unimaginable just a couple of years ago.

Land

Propmodo

JUNE 20, 2024

On the construction side, supply chain issues are still causing long equipment lead times. The lack of available land, permitting challenges, and pushback from communities to new developments are also hampering the construction of new facilities. Developers have turned to prefabrication construction methods.

New Construction

Realty Biz

NOVEMBER 8, 2022

New construction homes are becoming increasingly popular. They offer many advantages, such as the ability to customize your home to your specific needs and wants, and the peace of mind that comes with knowing your home is brand new. It’s important to do your research before picking the new construction home you want to be in.

New Construction

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

New Construction