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There is a mismatch between the prices of homes being built, and the prices home buyers expect to pay, according to recent surveys from NAHB and the U.S. Census Bureau. While 38% of buyers expect to pay less than $250,000 for their next home nationwide (and 19% expect to pay less than $150,000), only 5% […]

Housing Affordability Challenges Leads to Frustrated Buyer Price Expectations

Market Update

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January 2024 After several months of low sentiment from home builders, January has finally seen a turn of the tide, according to the National Association of Home Builders monthly index. While still not quite feeling overly optimistic about the future, we did see a 7 point increase from home builders and the first monthly increase […]

Home Builder Confidence is Up

Market Update