- Homebuyers
- September 3, 2024
Newly Constructed Homes May Cost More—But Wind Up Saving Buyers More Money
Many cost-conscious homebuyers are finding deals in an unexpected place: the new construction market.
Many cost-conscious homebuyers are finding deals in an unexpected place: the new construction market.
This article examines how rising construction costs affect new home building and remodeling decisions and how they influence the decisions of both potential homebuyers and existing homeowners.
Could a new build be the best way for you to start your journey to homeownership?
The pandemic drove a change in how people used their houses, with more people using their houses as their offices, home gyms, and more.
Single-family home construction is up in 2021, but a new report suggests it could be higher if supply matched demand.
A new report shows that demand bounced back in October.
August saw a rise in new home demand, but September's report shows a decline, suggesting August's increase may have been an outlier.
New home sales rebounded from declines in April, May, and June, leveling off in July and improving in August.
With existing home inventory below historical norms, more buyers are turning to newly built homes.
Despite a dip in mortgage applications in July, 2021 had the second-strongest July since 2012, with new home sales unchanged from June.