By Julie Taylor Oct 31, 2024 EnvelopeFacebookTwitterLinkedinPinterest The pandemic sent the real estate market into overdrive before higher mortgage rates caused a virtual standstill. But now, the number of homes for sale is the highest since 2019, including in pandemic “boomtowns.” The total number of homes for sale in October was 29.2% higher than the year before, marking the 12th consecutive...
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says: “As resale inventory remains limited and the price spread between new and resale homes narrows, new homes are...
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