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
Sarasota Home Builders Offering More Multi-Family Real Estate
According to Sarasota Bay Real Estate, multi-family homes will increasingly become a growth market. Buyers who cannot stretch to the price of a single-family home are looking towards multifamily homes as being a more affordable option.
Construction Spending Growth Offers Hope for Economic Recovery
Construction industry spending, on single-family housing, apartments and remodeling projects grew last November as the economy made a strong finish to 2011, another positive sign that indicates the US economy may finally be entering its recovery phase.
Construction Industry Rebounds?
Last month saw a massive increase in the number of new home constructions and building permits being handed out, a big sign that the new-home market is finally pulling itself out of one of its worst slumps in living memory. The Washington Post reported that last month, builders broke ground on new homes at a