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Builders keen to work with bulk-buying new home investors

By Mike Wheatley | April 15, 2022
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 […]
Home Builders/Developer's

Builders paying more for substitute materials to avoid construction delays

By Mike Wheatley | October 10, 2021
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 […]
new home
Housing

Builders limit home sales as orders soar

By Mike Wheatley | August 12, 2021
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 […]
Housing, Residential

Home builders press Congress to help ease housing shortages

By Mike Wheatley | July 18, 2021
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 […]
Home Builders/Developer's

Builders have started auctioning new homes to the highest bidder

By Mike Wheatley | May 27, 2021
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 […]
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

Home builders target less densely populated areas

By Mike Wheatley | September 9, 2020
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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