Looking for a Newly Constructed Home? Better Buy Now

Ridofranz/iStock Buyers hoping to move into a brand-spanking-new home may need to act fast. More newly constructed homes were completed in May—but fewer abodes are in the pipeline, according to the seasonally adjusted numbers in the latest residential sales report jointly released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. Seasonally adjusted numbers have […]

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What Slowing New Home Construction Means for the Housing Market

TerryJ/iStock Although more home buyers eagerly seeking the dwellings of their dreams, fewer new homes are in bloom this spring. In not-so-promising signs for the housing market, permits to build new abodes, housing starts, and the number of new homes completed dipped in April from the previous month, according to the seasonally adjusted numbers in […]

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New Tariff on Canadian Lumber Could Make Buying a Home Even More Expensive

dpproductions/iStock What do a new tariff on Canadian softwood lumber and rising U.S. home prices have in common? More than many American home buyers might realize. The Trump administration imposed a 20% tariff on the lumber coming from our neighbors to the north last week in a bid to help U.S. timber producers. But American builders […]

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Builders Finally Ramp Up on New Homes, but Can Buyers Afford Them?

RichLegg/iStock A fresh infusion of new homes hit the market as the spring home buying season kicked off in March, adding a touch of relief to a housing market that’s been short on, well, homes. Still, the most cash-strapped buyers—typically first-timers—aren’t likely to be able to take advantage of the new additions. About 621,000 newly […]

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Hold On, Buyers—More New Homes Are Coming Your Way!

mountainberryphoto/iStock Buying a home typically isn’t a stress-free, relaxing process. Buyers need to muster up a down payment, secure financing, and fill out mountains of paperwork—as well as have their offers accepted. And of course, they need to find the home of their dreams in the first place. But that last part may get a […]

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Builders Bet Tiny Apartments Will Lure Renters

Bedrock micro lofts | Rock Ventures Since Hannah Toth set out a few months ago to move out of her parents’ home in suburban Pittsburgh, she has seen plenty of airy apartments of up to 900 square feet. What caught her eye is a 360-square-foot studio roughly the size of her childhood bedroom for just […]

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Afraid of a Bubble? Buy Without Fear in These Top 10 Stable, Growing Markets

marekuliasz/iStock; omersukrugoksu/iStock; drmakkoy/Getty Images Today’s rapidly skyrocketing home prices are making more than a few people nervous. After all, it was only about a decade ago that the U.S. real estate market bubble burst, and millions of Americans lost their homes (and for many, life savings). And, as most of us recall all too well, plenty […]

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Could the Housing Crunch Get Worse? What the Latest Construction Numbers Say

unkas_photo/iStock The housing crunch doesn’t look like it will be getting better any time soon, according to the latest report on new construction. The number of permits issued to builders to put up sorely needed homes across the country fell 6.2% from January to February, according to the seasonally adjusted numbers in the latest new residential […]

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Building, Buying, or Beefing Up a Home? Watch Out for Annoying Deed Restrictions

jhorrocks/iStock The day I planned to close on an acre-lot where I hoped to build a brand-new house, my real estate agent turned up a deed restriction that limited the number of garages I could construct. I had intended to build three, but according to the deed, I could have only two. This seems like […]

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New-Home Sales Are Up—But Not Enough to Ease the Housing Crunch

RichVintage/iStock Here’s the good news: Sales of newly constructed homes rose in the beginning of the year. The bad news? It wasn’t enough to ease the housing shortage that is frustrating would-be home buyers across the nation. Buyers purchased about 3.7% more new homes in January than in December, according to a joint report by the […]

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