Category - New Construction

Sales of newly built single-family homes jumped nearly 9% in March, reaching their highest level since last fall, the Commerce Department reported Tuesday. With...CONTINUE READING ARTICLE

Builders are using more sales incentives to win over house hunters who are frustrated with a lack of existing inventory, data shows.

Home buyers who have been...CONTINUE READING ARTICLE

New-home Construction

Pros:

• Modern floor plan (open space, flex rooms, larger windows)
• Delayed major maintenance costs (such as roof or HVAC)
• Lower utility bills as a result...CONTINUE READING ARTICLE

A measure of US homebuilder sentiment dropped for a 10th straight month in October, hitting the lowest level since the early days of the pandemic and...CONTINUE READING ARTICLE

Even as demand for new homes fizzles—about a quarter of homebuilders are reducing their prices to attract more buyers as foot traffic falls—single-family...CONTINUE READING ARTICLE