Housing Wire
SEPTEMBER 26, 2023
After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%.
Housing Wire
SEPTEMBER 27, 2023
housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.
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Housing Wire
JULY 26, 2023
Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In June, the sales pace of new homes fell 2.5%
Housing Wire
JULY 6, 2023
In addition, builders are recognizing the demand and the opportunity it presents, and they are pushing construction activity higher – about one-third of homes on the market are new construction, more than double normal levels. “Homebuyers have had to accept the ‘new normal’ of rates around 6.5%
Redfin
JANUARY 12, 2022
While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Understanding how the MLS factors into the process can help you get the most out of your purchase or sale. What an MLS is and how it works. What is MLS?
The Residential Specialist
MAY 3, 2022
To keep pace with these clients, agents need to develop a thorough understanding of the eco-friendly marketplace, including which energy improvements are in high demand and will help sell a home quickly and at the best price. Builders that received federal incentives for new construction could pass those savings onto buyers.
Housing Wire
MARCH 25, 2024
New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). month supply of new single-family homes, according to census and HUD data.
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