Real estate blog entries tagged with new construction trends by Bill Blanchard (Windermere)

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Home : Blogs : Bill Blanchard : Bill Blanchard's Blog : Tag "new construction trends"

new construction trends: Market Trends: New Construction Continues to Shrink - 08/07/09 01:56 PM

NEW NWMLS NUMBERS CAME OUT TODAY
This graph shows the reduction of all new construction inventory on the Eastside. As you can see the trend continues to level off. The analysis predict this shortage will put a new type of pressure on the housing market:
A third or more of home buyers want new. With fewer new homes, slightly used homes or recently renovated homes will demand a higher asking price.

However, if you look at this chart (New Construction Eastside under $500K) you see the trend moving up slightly. This reflects the fact that builders are creating a … (0 comments)

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Bill Blanchard

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