Real Estate, US Real Estate

Why Do New Home Inventories Remain So Low?

By Mike Wheatley | January 7, 2015
Despite recent increases, new-home inventories remain near all-time lows and are unlikely to return to their highs any time soon, according to a new analysis by John Burns Real Estate Consulting.
Featured News, Real Estate, US Real Estate

New Homes Cost 30-40% More Than Existing Homes

By Mike Wheatley | January 1, 2015
Buyers who purchase new homes are paying much more than those who buy existing homes
Home Builders/Developer's, Real Estate, US Real Estate

New Home Market To Recover in 3 Years

By Mike Wheatley | January 1, 2015
The new-home market has been sluggish overall in 2014, and some analysts are blaming it on builders who haven't courted buyers outside of their typical markets.
Home Builders/Developer's, Real Estate, US Real Estate

Median Price for New Homes Soars by 15%

By Mike Wheatley | December 4, 2014
Rising prices may be putting new homes out of reach of more buyers. The median price of a new home sold in the United States climbed 15 percent from a year earlier
Residential, US Real Estate

Memphis New Home Permits Mostly Stable

By Brian Kline | October 27, 2014
Year-on-year, Memphis and Shelby County saw a slight increase in new home permits. Third quarter numbers for 2014 were up 3.4 percent. However, new home permits were down 13.4 percent compared to the second quarter of 2014. The exact numbers were 212 new construction permits in the third quarter of 2014 compared to 245 permits […]
Featured News, Residential, US Real Estate

New Home Sales Plummet by 8.1 Percent

By Mike Wheatley | July 28, 2014
Sales of newly built, single-family homes dropped 8.1 percent in June, the largest decline since July 2013, the Commerce Department reported Thursday.
Residential, US Real Estate

Americans Want New Homes, But Few Can Afford One

By Mike Wheatley | May 8, 2014
Forty-one percent of Americans say they prefer a new home compared to 21 percent who say they prefer an existing home, according to a new survey of more than 2,000 adults conducted by Harris Poll on behalf of Trulia.

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