How to Get a One-of-a-Kind Home, The Easy Way
Even though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone.
Homebuilders Ride a Bifurcated Housing Market
The existing home market has been stymied – by mortgage rates in the 8 percent range and ultra-low inventory – and it’s created an opening for builders to take credit for double their normal share of sales.
Homebuilder Incentives on the Horizon
Short-term interest rate buy-downs and free or discounted upgrades may soon be coming to a housing market near you.
Triple Whammy Slows Homebuilders
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses – often before the first customer walks in the door. That’s not the case now, though, and hasn’t been for months.
Lots of Lots Are Coming … Eventually
Home builders are running out of buildable home sites, with inventory at its lowest point since 2015. And relief is on the way – just not soon.
Fewer New Houses Coming, Not More
Anyone hoping builders will be putting up enough houses to alleviate the shortage on the market may just as well wish to see the tooth fairy.
