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Home Builders/Developer's

New homes are smaller and have fewer bedrooms

By Mike Wheatley | January 18, 2020
New home contractors are building homes with fewer bedrooms than previously in order to cater to the demand for smaller, more affordable properties. According to the U.S. Census Bureau’s latest survey of construction firms, the number of bedrooms in the average newly constructed home in the country is falling. The amount of new single-family homes […]
First time buyers point to a down payment as the reason for not buying homes
Rental Properties

Evolving News on the Single-Family Rental Market

By Brian Kline | December 8, 2019
Good news for rental investors but bad news for all of the people needing inexpensive housing. It’s well established that purchasing a starter home remains out of reach for many people. The news isn’t much better for tenants in the single-family rental market that has been experiencing dramatically low vacancy rates for a decade that […]
Home Builders/Developer's, US Real Estate

New home starts fall for 3rd successive month

By Mike Wheatley | August 21, 2019
New construction of single-family homes saw an uptick, but a decline in multifamily production for apartments and condos meant an overall decrease of 4% in housing starts last month, according to new data from the Commerce Department. Single-family home starts rose 1.3% to 876,000 units in July, with the largest increase seen in the South. […]
Home Builders/Developer's, US Real Estate

New home construction is up, but economists say it's not enough

By Mike Wheatley | August 20, 2018
There was a slight uptick in new home starts last month, but experts say the increase is still not nearly close enough to keep up with demand or help to keep a lid on growing house prices. According to the Commerce Department’s latest report out last week, total housing starts for single-family and multifamily homes […]
Home Builders/Developer's, US Real Estate, Zillow

Home construction decline means 6 million homes are "missing" from U.S. markets

By Mike Wheatley | August 16, 2018
The alarming shortage of housing inventory can be blamed on a downtrend in new home construction that began in the wake of the Great Recession last decade, according to a new Zillow analysis.
Featured News, Home Builders/Developer's, US Real Estate

A lack of workers means builders can't keep up with new home demand

By Mike Wheatley | April 23, 2018
Builders have addressed their inability to keep up with demand for new homes, saying there simply aren’t enough workers to build them.
Home Sales, US Real Estate

New home sales decline for third successive month

By Mike Wheatley | March 28, 2018
New single-family home sales in the U.S. declined for the third successive month in February, due to big declines in the Midwest and West regions of the country.
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