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. Phoenix, Ariz., Last year, in 2022, Dallas led the charge with the most BFR completions in the country (2,773). Last year, the U.S.
Pro Builder
APRIL 13, 2023
The neighborhood that drew the most Zillow searches was Northeast Dallas, which attracted 36,113 average daily views, followed by the Hollywood Hills with 32,216 views per day, and Camelback East, Phoenix, with an average of 30,366, The New York Times reports. Read more Housing Markets Local Builders Housing Markets
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Pro Builder
FEBRUARY 8, 2022
Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. Sun Belt cities like Phoenix, Dallas, and Orlando attracted the majority of relocating Americans in 2021, and as a result, prices for homes and consumer goods are reaching new highs.
Pro Builder
OCTOBER 6, 2022
Mid-pandemic homebuying hotspots are the first to see major price reductions as the housing market enters a long-anticipated downturn. housing market continues to post strong gains, Forbes reports. vulnerable to a housing market correction, according to Goldman Sachs. Housing Markets. Housing Markets.
Pro Builder
JULY 26, 2021
Housing Market Outlook: Should Buyers Wait it Out? Should homebuyers consider waiting out the hectic housing market? Buyers who want to avoid bidding wars in these areas should consider putting their home search on pause until the local housing supply grows. Housing Markets. Housing Markets. cbroderick.
Pro Builder
JUNE 30, 2021
CNBC reports that the cities with the highest year-over-year price increases were Phoenix, San Diego, and Seattle, all of which posted more than 20% price advances. Five cities – Charlotte, North Carolina, Cleveland, Dallas, Denver and Seattle – saw their largest annual gains ever. “We Housing Markets. That’s up from March’s 13.3%
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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