Inman Connect
We all know that there is a shortage of inventory. It has been a national topic of conversation, even for non-real-estate professionals, for quite some time. The question is: How long will it last, and is there anything we can do about it?
There are several interesting factors that have contributed to the recent surge in home prices, as well as the inventory shortage. Today, we’re going to focus on new construction and what that means for the overall real estate market.
“Beginning in 1959, the US Census Bureau started to record housing starts. During the 48 years between 1959 and 2006, builders completed 52,941,000 homes for an average of 1,102,938 homes per year.
Texas new home sales, prices, sales pace bounce higher
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Texas new home sales, prices, sales pace bounce higher
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