The 2018 Characteristics of New Housing Report by the US Census Bureau shows that over 840,000 single-family homes were completed during the year. The median size of the completed new construction home was 2,386 square feet, with the median contract price being $281,200. Purchasing a new construction home is an exciting and fulfilling experience for Read More
According to the National Association of Realtors, 5.64 million existing homes were sold in 2020. The US Census Bureau estimates that there were over 822,000 transactions for new construction homes within the same period. First-time homeowners made 42% of all shoppers. The prospect of finally owning a home can conjure a flurry of emotions for Read More
Despite the pandemic, 2020 was a historic, record-breaking year for the Houston property market. Home values have shot up 7.2% over the past year. The HAR market prediction is that the property values will continue to rise 3.4% within the next year. The average number of days a home stays on the market is now Read More
Designing and building new houses on your lot can be hugely satisfying. But first, you may need to find acreage homesites to build on. Homebuyers who have not built a custom home before often have wildly incorrect perceptions about the process. There are several considerations to think about before purchasing acreage homesites for sale near Read More
According to the National Association of Realtors, first-time homeowners made up 42% of shoppers in 2019. With many first-timers dreaming of custom new houses, their excitement overshadows the clear differences between buying new construction homes and building on your acreage. The 2019 NAR report also showed that land sales jumped by 2%, with residential land Read More
A 2019 survey by Realtor.com reveals that millennials now make up the largest percentage of homeowners at 45%. The generation is growing older, with better jobs and deeper pockets, allowing them to expand on their collective purchasing power. Millennials are often seen as a peculiar lot of home buyers. Most want a home that will Read More
There are a lot of myths and misconceptions about building a new home. You have probably come across a few of them. But don’t let the misinformation scare you from building your dream home. Here are some common misconceptions that you need to watch out for. Getting Financing Is Difficult This is one of the Read More
When it’s time to build your new home, the location you choose is critical. You want to select somewhere where everyone will be comfortable, where the house will fit nicely, and where you can build a sense of community. With 840,000 single-family homes built in 2018 alone, the building market is booming. As a new Read More
While numerous housing markets in the country saw minimal house price growth in 2020, Houston marked the most significant increase in house value, gaining a record $42 billion. How exactly did this metropolitan city beat key players in the industry and rise to this coveted spot? Here is an overview of Houston’s 2020 housing market. Read More
Having a place that you can confidently call home is the “American Dream,” right? Sure, there are apartments and houses that you can rent, but it’s nothing like having a place of your very own. When you dream about having a home, keeping in mind your loved ones’ comfort, convenience, and peace of mind is Read More