According to the National Association of Home Builders (NAHB) BuilderBooks most recent addition, What Home Buyers Really Want, 60% of home buyers would prefer to buy new construction homes over existing homes. With every other factor remaining equal, today’s buyers are more interested in buying brand-new than used homes. In the NAHB BuilderBooks, new homes are categorized as both homes built[...]
When is the housing market going to crash? In just one month, this foreboding question skyrocketed in Google searches, seeing more than a 2,450% increase. The current housing market is showing phenomenal momentum and has been on this forward trajectory since before the outbreak of the COVID-19 (coronavirus) pandemic in 2020. With over a year of phenomenal and record-breaking housing sales,[...]
You may have guessed that a world with driverless cars, or autonomous vehicles (AVs), would involve a much less stressful commute for you, a lot of legislation and a total transformation to the way we live our daily lives, but did you guess that it would involve tons of changes to the way builders, well, build? Professional Builder reported on a[...]
On Monday, Lennar announced that it plans to purchase CalAtlantic Homes for $5.7 billion in an acquisition that would create the nation's No. 1 builder by revenue. The transaction is expected to be completed in the first quarter of 2018, as reported by CNBC. When D. R. Horton bought Forestar earlier this year, the builder gained all of its land position[...]
MarketNsight is excited to announce that its customers can now plot pending sales on its Feasibility Matrix, a groundbreaking platform that helps builders gauge the feasibility of their new home communities. “We are the only platform that can give you a complete overview of the market with past [closings], present [pending] and potential future [inventory] sales all in one place,” said[...]