by Anthony | Jan 13, 2022 | 2022, Construction, COVID19, lumber, Real Estate News
Material Costs for Construction Continue to Escalate Lumber prices appear to be still adding additional cost to new construction. With the record low number of existing homes available for sale, contractors and builders would normally be ecstatic over the shortages....
by Anthony | Oct 19, 2021 | 2021 Topics, Construction, Existing Home Sales, Housing, Middlesex, Ocean County, South Jersey
Barnegat Township OCEAN COUNTY According to a number of reports, Lennar and D.R. Horton are building approximately 600 luxury homes in active-adult communities, bringing the township’s existing age-restricted homes to more than 3,000. These prestigious builders are...
by Anthony | Oct 7, 2021 | Construction, First-Time Buyers, Housing
Builder Confidence Remains High Builder sentiment continues to remain relatively strong. Since 2010, the sentiment of builders in all regions has gained ground, reflecting an environment of expansion despite the disruption of the effects of the pandemic, which drove...
by Anthony | Sep 2, 2021 | Construction, Housing, Inventory, Inventory Shrinkage, NJ Real Estate News, Real Estate News
White House Wants to Solve the Inventory Crisis According to a number of reliable sources, the White House has begun to develop plans to build in excess of 2 million homes to restore some of the shortage of affordable housing to the market. The shortage of existing...
by Anthony | Jun 24, 2021 | 2021 Topics, Construction, Inventory, Inventory Shrinkage
Guess who owns 12,556 homes in Atlanta? An interesting point: it’s a spin-off from the world’s largest private equity company, BlackRock, also known as Invitation Homes. Why is that important? According to a recent article, in certain Atlanta zip codes,...
by Anthony | Jun 10, 2021 | 2021 Topics, Construction, COVID19, First-Time Buyers, Housing, Inventory Shrinkage, Real Estate News
In many cases there is a great deal of panic out there, which is the result of a historic inventory shortage in the housing supply. Never before have inventory levels fallen into the levels of one month supply. And in addition, the interest rates are slowly creeping...
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