custom home building: Builders Gut It Out In Their Toughest Market Ever - 10/31/10 11:16 AM
Damned if you do, damned if you don’t. Such is the situation for Tallahassee home builders. To make a living (and feed their families) they must build more homes. But for builders to see great times again, they need to see the housing market return to a balance of supply and demand.
The glut of homes on the market in Tallahassee is causing values to drop and the building of more homes will only increase this pressure. Note in the graph below, that new home prices have fallen below resale prices. The blue line in the graph below represents the average … (0 comments)
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custom home building: New Construction Market Continues To Struggle - 09/15/10 08:05 AM
Nobody has been hit harder than home builders with the down-turn in the economy and falling housing market. Here at the Tallahassee Real Estate Web Site, we often write about the glut of homes for sale on the market and why we do not need any more inventory, but we often fail to point out the fact that it means many great Tallahassee businessmen and employees will be out of work.
The glut of homes for sale in Tallahassee means that the demand-side of the market is in complete control right now, so home builders have no orders to build … (6 comments)
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custom home building: She's A Brick....House - 04/04/08 10:04 AM
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If you like this Article then please subscribe to my blog by Email. You will be able to stay informed about the happenings in the Tallahassee Real Estate Market. You can also subscribe through a full … (12 comments)
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