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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. Phoenix, Ariz., For example, Phoenix leads this list as well with 6,000 of its BFR units being built in the last five years. Atlanta, Ga.,

Phoenix 102
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Housing Market Outlook: Should Buyers Wait it Out?

Pro Builder

Housing Market Outlook: Should Buyers Wait it Out? Should homebuyers consider waiting out the hectic housing market? 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. Housing Markets. Housing Markets.

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Homebuying Activity Returns as Inventory Increases

Pro Builder

Homebuying Activity Returns as Inventory Increases. An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National Association of Realtors (NAR). June housing inventory was up 3.3% cbroderick. Fri, 07/30/2021 - 09:36. There were 1.6