It's normal to feel a little bit of stress when buying a house. Whether it's financial worry or just the logistics of moving all of your belongings to a new home, there's a lot to think about and plan for. This is especially true for first-time home buyers.
Sales of newly built homes fell 2 percent in October, according to new numbers from the U.S. Census Bureau and the Department of Housing and Urban Development.
So what's happening in the new home market these days? For one, housing starts – which measure the number of new homes that began construction during the month – were up 25.5 percent in October, according to new numbers released by the U.S. Census Bureau and the Department of Housing and Urban Development.
A recent survey of Americans found that an increasing number said now was a good time to buy a house.
Fall is a great time to shop for a home and, according to new numbers from the National Association of Realtors, many Americans agree.
In September, new home sales were 29.8 percent higher than they were at the same time last year, according to new numbers from the U.S. Census Bureau and the Department of Housing and Urban Development.
With fewer opportunities for buyers and prices rising, there's been a lot of attention focused on builders.
Forecasts from Fannie Mae, Freddie Mac, the National Association of Realtors, and the Mortgage Bankers Association all say that home sales should surpass this year's totals in 2017. In fact, the forecasts call for somewhere between 6 million and 6.5 million homes to be sold next year.
The NIBCA Parade of Homes showcases new homes for 2 weekends in August. The event allows those in our community a unique opportunity to tour new homes, search for professional builders, and discuss your ideas with experts that can help you build your dream home. Homes are in all price ranges. Houses are judged prior to the first weekend based on criteria such as quality workmanship, floor plan, and curb appeal.