Homebuilders Pull Back in a Major Way

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In: Realtor News

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Single-family home builders are retreating rapidly. The overall decline in housing starts continued in November, falling 0.5% from October to a seasonally adjusted annual rate of 1.427 million units, according to a US report and Census Bureau and US DepartmentContinue Reading

Builders Put Their Foot Off The Pedal Due To Inflation

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In: Realtor News

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Builders worry that demand for new homes may slow. As a result, they have taken their foot off the gas in terms of production, warning of many potential buyers being pushed out of the market by rising costs. In June,Continue Reading