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Northeastern Markets Are Red-Hot During Spring Buying Season

Pro Builder

Northeastern Markets Are Red-Hot During Spring Buying Season ldeakins Tue, 05/23/2023 - 10:28 Small and relatively affordable markets outside of major cities are attracting the largest share of homebuyers in an otherwise sluggish spring homebuying season The spring housing market is sluggish nationally, but in April’s hottest homebuying destinations, (..)

Metro 52
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What's the True Cost of Your Tires?

Construction Business Owner

The dream tire would be cheap to buy, last the entire life of your machine, never wear down, grip like a claw in the mud, work three shifts a day without getting too hot and roll like it is on a cloud. That's why choosing tires that deliver the best return on investment can add profitability that goes beyond the price tag.

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A Housing Slowdown Is Underway, but This Downturn Is Nothing Like the Last One, Experts Say

Pro Builder

The housing market is finally cooling off after a mid-pandemic hot stretch, but today's market is much more stable than the bubble and bust buying landscape of 2008. A Housing Slowdown Is Underway, but This Downturn Is Nothing Like the Last One, Experts Say. Wed, 06/22/2022 - 11:49.

Housing 98
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National Housing Market Will Remain Hot Into the Winter Season

Pro Builder

National Housing Market Will Remain Hot Into the Winter Season. With strong pent-up demand lingering from peak home buying season, economists are expecting more buyers to search for homes during the winter months. . Mon, 11/15/2021 - 09:37. Why more buyers are extending their home searches into the winter months.

Housing 98
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Despite Elevated Borrowing Costs, Buying Is Cheaper Than Renting in These Affordable U.S. Metros

Pro Builder

Despite Elevated Borrowing Costs, Buying Is Cheaper Than Renting in These Affordable U.S. Elevated monthly mortgage payments mean renting is still cheaper than buying in 45 of the 50 largest U.S. Metros ldeakins Mon, 01/30/2023 - 10:47 Though renting remains the most affordable housing option in the majority of U.S. metro areas.

Metro 52
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Lumber Prices Fall to Lowest Level Since 2020

Pro Builder

The once red-hot commodity fell 9% in three days to a low of $382.80 The report showed that builders are adding more buying incentives to spark sales of new homes, signaling how higher mortgage rates have taken a toll on prospective buyers. per thousand board feet, down 64% year-to-date, Insider reports.

US 105
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The Present and Future of Land Demand

Pro Builder

The white-hot housing market will clash with the growing built-for-rent sector, bringing competition for land up significantly, Vogel told John Burns Real Estate Consulting. Back in the 2010s, builders and developers did not go on land-buying sprees, because of a lid on land prices. and “How can we make more developable land?”

Housing 59