Every Region of U.S. Sees Fewer New Homes Hitting the Market—Except One

BrianAJackson/iStock Builders just aren’t keeping up. Despite the lack of homes on the market making buyers ever more frazzled, the number of completed new homes dropped month-over-month in every region of the country—except one. The South, which is luring companies and new residents with its lower cost of living and more affordable housing prices, had about […]

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New Home Construction Is Finally Rising—What That Means for Buyers

akurtz/iStock Homebuilders have been busy this summer—and that might make the home-buying search better for many Americans on the prowl for the place of their dreams. Builders received 7.4% more permits to put up new homes in June compared with May, according to the seasonally adjusted numbers in the latest residential sales report jointly released by the U.S. Census Bureau and U.S. Department […]

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Buying a New Construction? Why You Need Your Own Real Estate Agent

RobertHoetink/iStock When you’re house hunting, the allure of new construction is undeniable. You get to be the first to live in the pristine home—one untouched by grimy hands or muddy shoes. It’s full of brand-new appliances and the finishes and treatments that you picked to fit your aesthetic. And you won’t have to worry about making any […]

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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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