Looking to buy a new home? Here's what you should know Builders face shortages & delays amid hot market New homes in high demand as builders scramble to keep up and last updated 2021-04-19 07:58:48-04 TAMPA, Fla. â The housing market is hot with bidding wars, soaring prices and limited supply. But, builders and industry experts we interviewed for this report tell us a new home is still the best way to go. But, a lot has changed since last year. For starters, if you buy a new home this year, you will be paying a lot more than you were last year in supplies and regulatory fees alone.