Sales of new homes were going strong in 2020 until the coronavirus began disrupting economic activity in the country. As a result, sales of new-built single family homes fell by 15.4% in March compared to one year ago, to just 627,000 units, according to data released Thursday from the U.S. Census Bureau and Department of
Condo + Townhouse Market Showing New Signs of Life
Townhouses and condos are becoming an increasingly hot commodity as sales heat up, supply dwindles and builder activity is experiencing a revival throughout the country.
Scary Real Estate Math – How to Cope
The dizzying numbers surrounding the real estate market can be as daunting as the phones that don’t ring in this dismal market. Never the less, as professionals, we need to try and wrap our minds around what is happening in the industry. Today’s focus is on the leading edge of the market metrics.