Pro Builder
JUNE 13, 2023
Phoenix, Ariz., leads the market with 5,500 homes under construction in 2023, followed by Dallas (4,400 units), and Houston, Texas (2,600 units). Last year, in 2022, Dallas led the charge with the most BFR completions in the country (2,773). They averaged at 1,361 square feet, four bedrooms, in 2022—up 2.6% as the exception.
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
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 That’s up from March’s 13.3% from 12.9%
Pro Builder
JULY 28, 2021
Every metro tracked in the 20-city composite recorded price increases while Phoenix, San Diego, and Seattle posted the highest annual gains of the 20 cities. Phoenix home prices were 25.9% Five cities – Cleveland, Dallas, Denver, Seattle and Charlotte, North Carolina – saw their all-time highest annual gains. Read More. .
Pro Builder
JULY 26, 2021
Almost two-thirds of June listings resulted in bidding wars, and buyers continue to sweeten their offers by offering vacations and even crypto, but inventory remains low. Hale said, the late summer is a good time to buy, particularly in mid-September, with inventory often dropping around the winter holidays. Historically, Ms.
Pro Builder
NOVEMBER 16, 2022
Builders in primary markets such as Dallas, Atlanta, Phoenix, Charlotte, N.C., For example, a high-margin builder with just one to two years of land inventory may be worth less than a builder with average margins and six to seven years of supply. Inventory and Pipeline. and Orlando, Fla., will draw the most bidders.
Expert insights. Personalized for you.
102 
Let's personalize your content