Posts Tagged ‘Builders’
No, A ‘Housing Recession’ Does Not Mean Falling Home Prices
Kevin Brierton – 11.13.2023 Last week, an article was posted to fortune.com with this headline: The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates On first read, this clearly sounds like a warning that home prices are going to fall because of…
Read MoreWhy Is Housing Inventory So Low?
Kevin Brierton – 9.14.2023 One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale,…
Read MoreGet Ready for Smaller, More Affordable Homes
Kevin Brierton – 9.7.2023 Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way: “Buyers should expect that over the next 12 to 24 months there will…
Read MorePeople Want Less Expensive Homes – And Builders Are Responding
Kevin Brierton – 8.17.2023 In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a…
Read MoreMomentum Is Building for New Home Construction
Kevin Brierton – 7.11.2023 If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a…
Read MoreIt May Be Time To Consider a Newly Built Home
Kevin Brierton – 5.8.2023 If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t…
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