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New Home Permits Are UP by 61% but Buyer Traffic Drops

New Home Permits Are UP by 61% but Buyer Traffic Drops

by Susanne Novak | Aug 23, 2021 | Buyer Tips

A sharp rise in building permits and a decline in buyer traffic at model homes gives you more choice with less competition when you build new. However, the price of new construction is not going to drop anytime soon. Here are the details … Building Permits Rise...
Why Do New Home Prices Increase by $10,000 a Month?

Why Do New Home Prices Increase by $10,000 a Month?

by Susanne Novak | Jun 14, 2021 | Buyer Tips, Trends

The average price of a new construction home was $378,850 in April. That’s roughly $87,000 more than the average price of an existing home (which was $291,900). There are five reasons why new homes are more expensive than existing homes, and why prices are...

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