Only 10 New Homes Started in Dothan in November?

Judy Spears posted this on our company blog, www.dothanhomesearch.com today.

Based on the number of residential new construction permits issued by the City of Dothan, that is all. I have been tracking this number for four years now, and that is the lowest number of permits issued in one month during that time. What will December bring to the Dothan real estate market and new home construction?

Here the chart for the past twelve months of new home starts.

As of this morning, there are 233 new construction homes listed in the Dothan MLS, up slightly from last month. Since the number of new homes started is going down, and the number listed is going up, logic says that new homes are not selling very well right now.

If you have an interest in building or purchasing a new construction home, give me a call or use the contact form. As a Certified New Homes Specialist (CNHS), I have extensive training in the new home market and would be happy to consult with you on your real estate needs.