Browsing Tag:Economics

Looking for a Newly Constructed Home? You Have Good Timing

By Clare Trapasso | Nov 27, 2017 After several years of a frenzied housing market characterized by many more home buyers than sellers, builders may finally be taking note. The number of newly constructed homes for sale and sold shot up 6.2% from September to October, according to the seasonally adjusted numbers in a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. They jumped 18.7% annually. (realtor.com® looked only at the seasonally adjusted numbers in the report. These have…