Builders keen to work with bulk-buying new home investors

American home builders have traditionally always kept investors at hand’s length, preferring to sell directly to individual buyers – homeowners – who’re usually happier to pay more to secure the home of their dreams. But with the market the way it is, with builders facing rising costs and more buyers consequently being priced out of

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Builders paying more for substitute materials to avoid construction delays

Home builders are struggling with shortages of materials they need to finish their projects, including wood paneling, ceiling joists and pipes. Faced with the prospect of delayed schedules, they’re racing to find substitute materials instead, but that process is adding to their costs. The Wall Street Journal reported this week that supply shortages have dogged

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Builders limit home sales as orders soar

Home builders have been forced to stop taking new orders from hungry buyers in an unprecedented move that’s been taken to catch up with record-high sales over previous months. Builders in the U.S. have faced dozens of challenges as they bid to complete projects that are currently underway. Among them, surging costs of building materials

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Home builders press Congress to help ease housing shortages

American home builders have called upon Congress to take steps to address a tremendous shortage of affordable homes in the country through policy solutions. Real estate experts have long cited a perceived decline in new home building in the U.S. that began in the wake of the Great Recession last decade. Zillow recently said there

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Builders have started auctioning new homes to the highest bidder

Home builders are fending off so many interested buyers that they have had to stop signing new sales contracts in order to focus on catching up with existing orders. That’s according to a report in Bloomberg this week, which said that builders have been overwhelmed as buyers turn to the new home market to make

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Home builders fail to keep pace with rising demand

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

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Home builders target less densely populated areas

The National Association of Home Builders says that building firms have shown a notable suburban shift in recent months, with small metro suburbs the only region to post a second-quarter gain in new single-family home construction in the last quarter. Home construction in small metro suburbs has increased 10.6 in the last quarter on an

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Builders offer strong incentives for new home buyers

Home builders are trying to entice buyers by covering their closing costs, and offering discounts and free upgrades such as new appliances. The incentives are aimed at new homes and developments that are currently in the works. “Builders with standing inventory will seek to sell it as quickly as they can,” Robert Dietz, chief economist

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Home Builder Marketing Tips To Gain More Leads

As a home builder, you also need to step up and ramp up your marketing tactics to keep up with the times. If you can maximize the potential of today’s marketing technology and tools, you will be able to get more leads. New marketing strategies can bring you more customers and increase your sales in

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How Are Home Builders Shifting With Trends in 2019?

2018 was a difficult year for the home building industry. The recent decline in mortgage rates has encouraged an increase in the number of people building new homes. Despite this, the demand for new houses in 2019 has far exceeded supply, with many home builders unable to keep up. This is due to factors such

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