Why Fewer New Homes Are Built Under 1,800 Square Feet For decades, entry-level and attainable homes that buyers actually want have formed the backbone of the American housing market. But a quiet shift has taken place over the past several years: the number of new homes built at modest sizes has steadily declined. Data from […]
The housing market is often described as a barometer of economic health, and few measurements are as closely watched as the National Association of Home Builders (NAHB) Housing Market Index (HMI). After remaining flat at 58 for four consecutive months, home builder sentiment finally stirred in June, rising two points to 60. This modest but
Home buyers face a three-way choice when deciding where to live: rent an apartment or house, buy an existing resale property, or purchase a newly constructed home. For builders, the challenge is making the case for new construction when buyers are tempted by lower entry prices in the existing market or the flexibility of renting.
Why Timeless Kitchen Design Matters for Builders When home buyers walk through a new kitchen, they are not just evaluating cabinets and countertops. They are imagining morning coffee routines, holiday dinners, and years of daily life. A kitchen that looks fashionable today but dated in five years hurts resale value and homeowner satisfaction. That is
Understanding the Divergence in Housing Sales Data Housing market forecasts can send mixed signals, and the latest projection from Zillow is a textbook example. According to the report, existing home sales were projected to increase by 5.6 percent to 5.03 million units in December, while new home sales were expected to drop 3.2 percent to
What Houston’s 2015 Housing Market Teaches Builders About Navigating Market Cycles The Houston housing market in 2015 demonstrated how a regional economy tied to energy markets can deliver back-to-back record years, then face an abrupt shift in conditions. After posting the highest sales volume in history during 2014, Houston followed up with the second-highest sales
Understanding where people are moving and which states they are leaving is essential for home builders planning their next projects. Population migration patterns directly affect housing demand, pricing, and the types of homes that sell in different markets. When more people leave a state than move in, builders face declining demand, falling property values, and
Understanding the Three Paths to Housing One of the biggest questions facing home buyers today is whether to rent or buy, and if buying, whether to choose a newly constructed home or an existing property. Each option carries distinct advantages, financial implications, and lifestyle considerations that builders and buyers alike must evaluate carefully. Research from
Why Four Tech Hubs Became the Battleground for Homebuyers The housing market is never uniform across the country. In 2015, while some regions experienced steady but unremarkable activity, four cities stood out for the sheer intensity of their homebuying competition. According to Redfin data cited by Pro Builder, Boston, Portland, San Francisco, and Seattle claimed
Existing Home Sales Rise as New Home Sales Decline: What the Forecast Means for Builders The housing market is sending mixed signals. According to a recent Zillow forecast, existing home sales are projected to rise 5.6 percent to 5.03 million units in December, while new home sales are expected to drop 3.2 percent to 474,000
