Pro Builder

AUGUST 26, 2020

New Construction Home Sales Surged in July. The notion that new home sales are being driven by buyers fleeing to the suburbs might be debatable, but the impact of tight inventory and low mortgage interest rates on the latest monthly figures is obvious. New Home Sales.

Inventory 98

Inventory Construction Contract 98

Pro Builder

APRIL 18, 2022

March Home Sales Dropped 4% as Housing Costs Rose to New Highs. The spring housing market is off to yet another record-breaking start after March homes sold well above list prices and at their fastest pace ever, according to Redfin. The median home-sale price rose 6.2% New-Home Sales.

Housing 97

Housing Inventory Contract Construction 97

Pro Builder

MARCH 11, 2021

First-Time Buyers Account for 43% of New-Home Sales. First-time homebuyers made up 43% of new-home sales, according to the February National Association of Home Builders/Wells Fargo Housing Market Index survey. New-Home Sales. New-Home Sales. cbroderick.

Accounting 98

Accounting NAHB Comparison Housing 98

Pro Builder

JULY 27, 2020

New Home Sales Increase 14% from May to June. New home sales in June towered over the previous month’s numbers, with a 14% gain compared to May. The estimated new home sales last month were at a 776,000 seasonally adjusted annual pace, according to NAHB, showing the strongest rate since the Great Recession.

NAHB 98

NAHB Estimating Housing 98

Pro Builder

MAY 25, 2021

Wellness Features Pay Off for Remodels, Sales, and New Homes. As Americans become more attuned to wellness within their homes, properties with wellness features are selling faster and for more money, according to Zillow. million home sales from last year. million home sales from last year.

Remodeling 98

Remodeling Resource Sustainability Housing 98

Pro Builder

MARCH 24, 2021

February New-Home Sales Drop to Slowest Pace Since May. While housing inventory resulted in existing home sales taking a hit in February, rising costs and delays caused new-home sales to dip as well. cbroderick. Wed, 03/24/2021 - 09:29. There are other, more telling data points, as well.

Inventory 98

Inventory Materials Housing Products 98

Pro Builder

JANUARY 26, 2023

Home builder sentiment fell for the 12th straight month in December as new-home sales dropped 26.6% fewer new homes sold than in 2021, and that steady decline is largely due to persistent home price gains. The median sale price of new houses in December was $442,100, according to Zillow.

Housing 52

Housing 52

Pro Builder

JULY 14, 2020

Builders See Strongest New Home Sales in 10 Years. In its largest increase since the housing crash 10 years ago, newly built home sales jumped 55% in June. CNBC says the gain can be attributed to the pandemic, especially with homebuyer preferences focused on new, high-tech homes with space for work and schooling.

Housing 98

Housing Consulting Green Products 98

Pro Builder

SEPTEMBER 14, 2022

As Home Sales Slow, New Listings Are Falling. The housing market is undergoing a major shift after two years of red-hot home sales in a costly and competitive seller’s market, but as buyers pump the brakes on home purchases and regain bargaining power, inventory is taking a hard hit nationwide.

Inventory 52

Inventory Bargains Housing Construction 52

Pro Builder

FEBRUARY 26, 2021

New-Home Sales Outpace Existing Home Sales in January. As existing home sales inched forward in January by 0.6%, new-home sales grew at a stronger rate of 4.3%, according to data from the Census Bureau and U.S. Compared to January 2020, home sales are 19.3%

Inventory 52

Inventory Housing Construction 52

Pro Builder

MARCH 24, 2022

New Home Sales Decline Despite Highest Inventory Since 2008. For-sale inventory is being added to a heated housing market at a lightning pace, but buyers are still reluctant to jump into the fray. The total supply of new homes rose to its highest level since 2008 in February, but new home sales across the U.S.

Inventory 52

Inventory Housing Construction 52

Pro Builder

JUNE 1, 2020

New Home Sales, Home Builder Stocks Soar in May. New home sales and some home builder’s stocks increased in the month of May after surviving steep declines the month prior. Some home builders are even reporting gains above pre-coronavirus levels, according to BNN Bloomberg. Read More.

Inventory 72

Inventory Forecasting Texas Housing 72

Pro Builder

JULY 27, 2021

June New-Home Sales Fail to Meet Expectations. Census Bureau shows an unexpected fall in new-home sales, dropping 6.6% Sales for newly built homes reached an annualized rate of 676,000 in June 2021 but were at 839,000 in June 2020. Analysts predicted a new-home sales increase of 3.4%

Comparison 52

Comparison Inventory Office Construction 52

Pro Builder

FEBRUARY 25, 2022

January New Home Sales Drop Slightly After Increase in Interest Rates. New home sales dropped 4.5% Production bottlenecks are slowing new home construction and leaving an inadequate supply of homes on the market, but buyers don’t seem to be deterred. New-Home Sales.

NAHB 52

NAHB Materials Contract Housing 52

Pro Builder

JULY 25, 2022

Builders Pause New Projects as Home Sales Slow, but Experts Say the Time to Build Is Now. Regional builders are holding off on new construction projects as buyer demand dips, but experts worry that delayed development will add to a decades-old housing shortage . New-Construction Projects. Mon, 07/25/2022 - 10:07.

Sewer 98

Sewer Nevada New York Inventory 98

Pro Builder

JULY 28, 2022

Share of New Home Sales Financed Through FHA Loans Falls to 14-Year Low. Over the last four quarters, the share of new home sales financed with conventional loans has climbed by 4.3 The most recent Quarterly Sales by Price and Financing published by the U.S. Of all new home sales in Q2 2022, 74.8%

Finance 52

Finance NAHB Accounting Housing 52

Pro Builder

MAY 26, 2021

New-Home Sales Take a Hit as Prices Rise. Increased building costs, lead times, and unstable supply chains are pushing home prices up and homebuyers out. New-home sales in April dropped 5.9% Lumber prices alone are increasing new construction costs by $36,000 on average, according to NAHB estimates.

NAHB 52

NAHB Finance Materials Estimating 52

Pro Builder

APRIL 1, 2021

New-Home Sales: Selling the Dream. How do you discuss rising home prices with homebuyers? Hovnanian VP of Sales Chris Hartley lays it out for new home salespeople on this installment of The Weekly. . Sales + Marketing. cbroderick. Thu, 04/01/2021 - 14:58. Watch more from The Weekly here.

40

40

Pro Builder

SEPTEMBER 2, 2020

Market Posts Double-Digit Growth For Pending Sales, New Listings, Home Prices. During the four-week period ending August 23, the housing market continued to see positive numbers for both sales and home prices. The number of new listings finally saw growth with a 4.1% cbroderick. Wed, 09/02/2020 - 08:58.

Milwaukee 64

Milwaukee Inventory Housing 64

Pro Builder

MAY 28, 2020

Unexpected Increase in New Home Sales, Decline in Major Sectors. To the relief of housing professionals, the 23 percent decline in new home sales forecasted for April never came. In fact, new home sales actually posted a gain of 0.6 New Home Sales. Read More. .

Inventory 52

Inventory Forecasting Housing Deals 52

Construction Enquirer

JUNE 9, 2023

Yorkshire-based modular house builder ilke Homes has been put up for sale as the board and investors battle to save the loss-making business. A sale would allow the company to deliver its 4,200-home pipeline following triple-digit revenue growth over the last three years.

Housing 134

Housing Security Site Plans 134

Pro Builder

JANUARY 30, 2023

Up, Up, and Away—the Housing Market Gains Momentum at the Start of 2023 ldeakins Mon, 01/30/2023 - 10:41 As home sales increase and mortgage rates slowly decline, housing experts say the market is gaining steam in 2023 After six consecutive months of declines, pending home sales rose 2.5%

Housing 98

Housing Finance Contract 98

Construction Equipment

MAY 24, 2016

April's new residential sales numbers were release today by the US Census Bureau and things are definitely looking up. Sales rose 16.6 The median selling price for new homes also jumped 9.7 Existing home sales were up just 1.7 above the April 2015 estimate of 500,000. percent to a record $321,100.

Inventory 48

Inventory Forecasting Residential Estimating 48

Pro Builder

MAY 8, 2023

homes were listed for sale in April 2023, well below the 497,844 listed in April 2022, a homebuying period notorious for its tight supply, Fortune reports. But that hesitation from would-be sellers isn’t just affecting the supply side of the for-sale market. homes go up for sale (i.e. As a result, just 392,016 U.S.

Inventory 98

Inventory Housing Plans 98

Pro Builder

MARCH 1, 2023

Pending Home Sales Rose for the Second Consecutive Month in January After Steady Decreases in 2022 ldeakins Wed, 03/01/2023 - 11:01 Pending home sales are on the rise nationwide despite elevated mortgage rates and historically high home prices at the start of the spring buying season Pending home sales rose 8.1%

Contract 98

Contract Housing 98

Pro Builder

FEBRUARY 28, 2023

Falling Mortgage Rates Cause Buyer Activity to Rebound ldeakins Tue, 02/28/2023 - 10:44 Home sales are slowly gaining momentum as a result of more balanced borrowing costs, but will high home prices keep prospective buyers at bay? NAR’s Pending Home Sales Index rose 8.1% during the week of Feb. on an annual basis.

Forecasting 98

Forecasting Finance Housing Contract 98

Pro Builder

MAY 9, 2023

In a December poll by John Burns Real Estate Consulting, 75% of nationally surveyed home builders reported buying down homebuyers’ mortgage rates to make home purchases, and subsequent monthly mortgage payments, more affordable. Read more Affordability New-Home Sales Builders New-Home Sales

Consulting 98

Consulting 98

Pro Builder

JANUARY 26, 2023

Uptick in Pending Home Sales Signals Rebounding Buyer Demand at the Start of 2023 ldeakins Thu, 01/26/2023 - 10:47 Pending home sales are rising for the first time in 14 months as a market correction creates new opportunities for priced-out buyers Pending home sales rose 2.9%

Travel 97

Travel Bidding Housing 97

Pro Builder

FEBRUARY 22, 2023

The typical home value fell just 0.1% Unfortunately, overall home prices are still increasing, though slowly, and mortgage rates ticked up in the last month while inventories remain low. Unfortunately, overall home prices are still increasing, though slowly, and mortgage rates ticked up in the last month while inventories remain low.

Inventory 98

Inventory Union Housing 98

Pro Builder

JANUARY 6, 2023

Though new homes cost more upfront and take an average of 6.5 months to complete, spec homes offer a faster alternative for buyers looking to move in quickly, and a newly completed home requires less maintenance than an existing home, saving homeowners money down the line, Realtor.com reports.

Housing 98

Housing Inventory Construction 98

Pro Builder

JUNE 21, 2023

Single-Family Construction Accelerates in May ldeakins Wed, 06/21/2023 - 11:08 Home builders are reporting increased demand for new-construction as home sellers pull back from the for-sale market Single-family construction rose 21.7% million pace, and home builders were most active in the Midwest, Realtor.com reports.

Construction 98

Construction Housing 98

Pro Builder

OCTOBER 27, 2022

Demand for New-Home Construction on the Rise as Existing Supply Dwindles. As the supply of existing homes for sale hits a plateau, buyers are instead taking a look at a rising share of newly constructed homes . New-Construction Projects. New-Home Sales. New-Construction Projects.

Inventory 98

Inventory NAHB Construction Housing 98

Pro Builder

DECEMBER 23, 2022

Anewgo helps home builders carry out their shopping journeys online with interactive digital content, data analytics, and sales conversion tools. Anya is a host of Anewgo of New Home Sales—a weekly podcast where she discusses the hottest innovative sales and marketing technologies for the home building industry.

NAHB 98

NAHB Innovation Industrial Office 98

Pro Builder

AUGUST 8, 2022

Falling Mortgage Rates Are Motivating Some Buyers to Forge Ahead With Home Searches. Buyers formerly priced-out by elevated interest rates are continuing their home searches as borrowing costs drop to a four-month low. So far this rebound has not moved through to actual home sales. New-Home Sales.

Inventory 98

Inventory Deals Housing 98

Pro Builder

APRIL 11, 2023

New listings fell 21.8% With fewer homes to choose from, buyers are taking a much faster approach to home purchases. The lack of homes hitting the market explains why the market is moving fast even though sales are still down. Read more Housing Markets Sales Housing Markets

Inventory 98

Inventory Housing Budgeting Budget 98

Pro Builder

FEBRUARY 21, 2022

Home Sales Rose 6.7% Nationwide housing inventory dropped to a new low in January, but steadfast buyers aren’t slowing down. Sales of previously owned homes rose 6.7% from December 2021 to January 2022, though the total supply of homes for sale dropped 16.5% Sales of previously owned homes rose 6.7%

Inventory 98

Inventory Bidding Housing Construction 98

Pro Builder

AUGUST 12, 2022

For-sale listings are falling in a post-pandemic market correction. Here's what that means for buyers who can still afford home purchases. Not only are builders slowing new-home production, but home sellers are also becoming more hesitant to list their properties as buyers delay their home searches in a market cooldown.

Housing 98

Housing Bidding News Products 98