Buyers are moving into unfinished new homes

Builders are continuing to face material shortages and now, rather than keep people waiting, they’re allowing new home buyers to move in even as the properties remain unfinished. The supply chain problems are the result of on-off factory closures due to the COVID-19 pandemic, port capacity limits and transportation delays. Due to the shortages, builders

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Builders aren’t keeping up with new home demand

Sales of new homes decreased from October to November due to several headwinds for builders, even though demand remains high. Data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau last week said sales of new single-family homes fell by 11% in November compared to the month before. But

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Green Home Market Expands Amid Economic Straits

A new study released today supports the view that green homes are the new “in-thing” in today’s construction sector, thought to be driven by continued economic uncertainty which is forcing people to look into alternative means of saving money wherever they can.

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