Menu

Latest News

Recent news from Mortgage Miracle Happens

Why We Need More Newly Constructed Homes

October 6th, 2016 by [shareaholic app="share_buttons" id="27157108"]

By simplify

Why We Need More Newly Constructed Homes | Simplifying The Market

The number of new home sales is far off historic norms. The National Association of Realtors (NAR) just

This should come as no surprise as the number of new housing starts has fallen dramatically over the last several years:

Why We Need More Newly Constructed Homes | Simplifying The Market

Bottom Line

We need more new construction for two reasons:

  1. It will relieve some of the pent-up buying demand that is causing price appreciation to continue to increase well above historic norms.
  2. It will give better opportunities to many current homeowners who want to sell but can’t find an adequate home to move in to.

Read More…      

[shareaholic app="share_buttons" id="27157108"]
Loading...