Disinterest in construction work is contributing to a labor shortage that has meant fewer homes built and rising prices—possibly for years to come.
Homebuilders have been busy bees this summer, and it looks like more new home construction is on the way. Should buyers close now or wait?
The post New Home Construction Is Finally Rising—What That Means for Buyers appeared first on Real Estate News & Insights | realtor.com®.
The number of completed newly constructed homes fell in September, but the permits issued to put up new homes were up, an encouraging sign for buyers.
The post House Hunters Take Heart: More New Homes on the Way appeared first on Real Estate News and Advice – realtor.com.
Builders, worried about the election and the world economy, applied for fewer new-home construction permits in June. And fewer homes means higher prices.
The post This Just In: Expect the Housing Shortage to Get Worse appeared first on Real Estate News and Advice – realtor.com.