Is housing market balance finally returning after months of being a seller's market? According to Redfin, it might be. What do you see in your local market? Soaring housing costs caused many house hunters to drop out in recent months, which is now providing some relief for buyers who are still searching. Today’s buyers are seeing the housing shortage ease, price[...]
Like any business, supply and demand reign over the housing industry and particularly in new construction. While the sellers of previously lived in homes have the simple luxury of naming their price, builders must constantly compare the contract price against the market price for materials. COVID-19 saw most factories shut down, only to reopen at a limited pace in order to[...]
Cutting-edge tool allows for easy housing market analysis MarketNsight announces the addition of lot and land prices to its Ranking application. This upgrade provides easy housing market analysis by providing builders, developers, Realtors and financial institutions the ability to perform savvy searches and make informed decisions on land purchases, product positioning and pricing. The possibilities of the updated Ranking application are almost[...]