Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they'd prefer new construction to an existing home.” However, it seems buyers are now Continue Reading about Surprising Shift: Buyers Now Prefer Existing Homes
New Construction
A Look at Housing Supply and What It Means for Sellers
A Look at Housing Supply and What It Means for Sellers One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low housing supply is good news for you. It means your house will get more attention, and likely, more offers. But Continue Reading about A Look at Housing Supply and What It Means for Sellers
Builders Ramp Up New Construction Based on Demand
Home Builders Ramp Up Construction Based on Demand The need for new construction: If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition Continue Reading about Builders Ramp Up New Construction Based on Demand
