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Midwest housing markets good for first-time homebuyers: Zillow

Housing Wire

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.

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Understand and master new construction to grow your business

Inman

Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.

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Livabl portal aims to build up new construction market

Inman

Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.

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What Isn’t Included with a New Construction Home?

Realty Biz

Embarking on the journey of purchasing new construction, particularly a freshly constructed one, is a thrilling venture brimming with anticipation. So, What Isn’t Included with a New Construction Home? The post What Isn’t Included with a New Construction Home?

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US housing market is now worth a record $52 trillion: Zillow

Housing Wire

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. housing market has surged by more than $2.6 Fueling this increase is new construction, according to Divounguy, even though the 1.3%

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High Mortgage Rates Impact New Construction: Builders Pull Back

Marco Santarelli

This downturn coincided with a surge in mortgage rates, with the benchmark 30-year fixed rate loan inching close to 7%, casting a shadow over the housing market. In March, the pace of new construction witnessed a substantial slowdown, evidenced by a 14.7% decrease in housing starts compared to the previous month.

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New Constructions Tumble, Surprising Analysts

RIS Media

One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. Starts fell 8% in June, after rising over 21% in May, with new permits down 3.7%