Featured News, Home Builders/Developer's, US Real Estate

Lumber prices rise again, impacting home affordability

By Mike Wheatley | February 19, 2021
Lumber prices hit another record high last week, with the price having risen now by more than 170% in the last 10 months, according to a report by the National Association of Home Builders. That’s bad news for buyers, as home builders have responded by increasing the prices of new homes. The soaring cost of […]
Home Builders/Developer's

Higher building material costs could push new home prices up

By Mike Wheatley | February 2, 2021
New home sales fell slightly at the end of 2020 due to higher prices offsetting the strong demand from buyers that was seen throughout the year, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Although sales of new homes grew 1.6% in December, we saw much […]
Home Builders/Developer's, US Real Estate

Home builders are cashing in on rental demand

By Mike Wheatley | January 22, 2021
Building firms are constructing more single-family homes specifically for the rental market, and that means a growing proportion of new homes will never be listed for sale. Experts say the rising number of build-to-rent homes could lead to greater competition for buyers who’re already struggling with low inventories, particularly in the entry-level price bracket. The […]
Home Builders/Developer's

Builders cater to the growing second home market

By Mike Wheatley | January 10, 2021
With remote work becoming much more common, the second-home market has enjoyed strong growth and data suggests builders are responding to that trend. The advent of remote work means no more commute, and so many Americans have decided to invest in a second home far from the city, in more pleasant climes where they have […]
Home Builders/Developer's

Why Hire a Professional Local Roofer for Roof Inspection?

By Fred Frank | January 4, 2021
A roof inspection is an essential process that evaluates the integrity of your commercial roofing systems and sub-roofing materials. A thorough roof inspection will determine the longevity of your roof and the need for a roof repair or replacement . A roof inspection is a technical process that requires maximum attention and expertise. Therefore, most […]
Home Builders/Developer's

Home builders fail to keep pace with rising demand

By Mike Wheatley | December 21, 2020
Builders say they’re struggling to keep up with demand as more buyers look for newly-built homes amid an acceleration in home buying. A report from the U.S. Census Bureau last week said single-family starts stayed flat in November as builders were unable to meet demand. Overall housing starts gained by 1.2% to a seasonally adjusted […]
Home Builders/Developer's, US Real Estate

Builders voice concern as lumber prices rise again

By Mike Wheatley | December 21, 2020
The cost of lumber has increased again after declining in September and November, and that could potentially lead to further increases in the price of new homes. In the past four weeks lumber prices have increased by almost 20% across the U.S., the National Association of Home Builders reported this week. These high lumber prices […]
  • Sign up to Realty Biz Buzz
    Get Digital Marketing Training
    right to your inbox
    All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2024
    Website Designed by Swaydesign.
    linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram