Pro Builder
JANUARY 4, 2022
Tampa Takes the Top Spot as 2022's Hottest Market. For the second year in a row, the Sun Belt is dominating Zillow’s list of the nation’s hottest housing markets with metros like Tampa, Jacksonville, and Raleigh securing the top spots. Housing Markets. Housing Markets. Tue, 01/04/2022 - 10:29. Market Data + Trends.
Pro Builder
MARCH 31, 2022
Rising mortgage rates coupled with low housing inventory created a competitive market for buyers, who went toe to toe for a small share of high-priced homes. Cities like Phoenix and Tampa recorded year-over-year gains of more than 30%, while other popular Sun Belt metros like Las Vegas and Dallas saw a 25% surge in home prices.
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Pro Builder
MARCH 30, 2022
After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022. It’s that kind of exuberance that led to past housing downturns.”. We should not see rapid upticks in prices as mortgage rates rise.
Pro Builder
JULY 17, 2020
The NAHB/Wells Fargo Housing Market Index, which tracks builder sentiment, considers anything over 50 to be positive. Builders are seeing strong traffic and lots of interest in new construction as existing home inventory remains lean,” said NAHB Chairman Chuck Fowke, a builder from Tampa, Florida.
Pro Builder
JUNE 13, 2023
Today, there are 44,700 rental homes in the pipeline—triple the amount of houses completed in 2022. In the highest yearly total to date, 2022 saw a completion of over 14,500 BFR houses. increased its inventory by 380 percent, going from having 382 single-family rentals in 2017 to 1,834 rentals in 2022. 265%), and Tampa, Fla.
Pro Builder
NOVEMBER 18, 2022
Home prices are falling in housing markets that saw record home sales throughout the pandemic as soaring interest rates continue to price out prospective buyers. Tight inventory sustained elevated prices, though some formerly red-hot housing markets posted small but steady declines throughout October. The typical U.S.
Pro Builder
MARCH 23, 2022
The Sun Belt region is attracting the largest share of newcomers fleeing pricey metros for warm weather and low housing costs, but as regional demand surges in the nation’s top markets, prices are rising quickly, and locals are struggling to keep up. . They just don’t have the cash to compete, especially when there’s such limited inventory.
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