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Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Local housing markets reported low inventory for the month of October, and markets in Jacksonville, Miami, and San Diego even reached record lows. Read More. .

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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

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. leads the market with 5,500 homes under construction in 2023, followed by Dallas (4,400 units), and Houston, Texas (2,600 units). Phoenix, Ariz.,

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Sun Belt Metros Lead the U.S. in Home Building

Pro Builder

Sun Belt metros are leading a resurgence in homebuilding as prices soar and inventory declines amid elevated demand from migrating buyers. Other sunny metros like Raleigh, Jacksonville, Nashville, and Charlotte followed closely behind, and other Texas hotspots like Houston and Dallas are also included in the top ten. New-Home Sales.

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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Several of our young leaders also took their family businesses to the next level by targeting 55+ buyers or streamlining selections so projects would move faster from contract to construction. Koby Bowen , 38, President / CEO of Construction and Design, Homes of Distinction, Rogers, Ark. Horton, Denver. Itasca, Ill. Valparaiso, Ind.