Are Builders Ignoring the Entry-Level Market?

Reblogger Ed Macias
Real Estate Broker/Owner with Real Estate Teammates BK3322137
Original content by Nick, Cindy & Nicholas Davis SL3116482/SL3020723

Homebuilders are focusing more of their resources on building pricey homes for buyers with stellar credit and are not constructing enough entry-level housing to meet demand, economists said at a panel discussion at the National Association of Real Estate Editors' annual conference in Miami this week.   http://bit.ly/Are-Builders-Ignoring-Entry-Level-Market

 

 

Nick & Cindy Davis
REMAX Premier Group
2719 SR 56
Wesley Chapel FL 33544 
813-300-7116 Direct
NickandCindyDavis@TampaHomesSold.com 
www.TampaHomesSold.com

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Rainmaker
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David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Fro what I see I would have to say YES!

I see plenty of homes getting built from the 300k+ range but below that not so much

Jul 02, 2015 12:29 PM #1
Rainmaker
4,207,166
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, great post to re-blog, and know here in Colorado builders have stopped condos and townhomes due to a defect law.

Jul 03, 2015 09:32 AM #2
Rainmaker
5,578,336
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is an important topic. Land costs and construction costs put a home purchase beyond the ability of many first time home buyers.

Jul 03, 2015 11:25 AM #3
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Rainer
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Ed Macias

Miami FL-REO Property Management Multifamily
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