Gen Z & millennials face entry-level housing shortage

With the oldest members of Generation Z finally entering their homebuying years, many of them are facing tough competition from older millennials in a market struggling with a serious shortage of entry-level homes for sale. “Gen Z is entering the housing market under the radar, but at a projected 65 million strong, they are going

Read More »

Entry-level homes ‘harder to find’ as listing prices tick up

Realtor.com says the median home listing price in the U.S. topped $300,000 for the first time in history in March, representing a price increase of 7 percent compared to the same period a year ago. “The typical U.S. home list price has set a new high right on the cusp of the spring homebuying season,

Read More »

Townhouse segment grows amid demand for entry-level homes

The construction of townhomes outperformed that of other building types into 2018, introducing more entry-level housing inventory to the market, according to the National Association of Homebuilders. What’s more, despite a slight downturn in townhome construction towards the end of the year, the NAHB says the sector will expand further in 2019 as demand from

Read More »

DR Horton benefits from focus on entry-level homes

Construction firm DR Horton is bucking the trend among property developers by focusing on building cheaper homes targeted at first time buyers, and the strategy seems to be working.

RealtyBizNews: Real Estate Marketing & Beyond