A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the Market
August, 2014 – Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). The number of households affected … Continue reading →
New-Home Sales Down 7 Percent in December; Up 16.4 Percent for the Year
NAHB, 2014 – Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census … Continue reading →
Lower Operating Costs Mean New-Home Buyers Can Afford More House
This is an insightful article from the National Association of Home Builders about how home buyers today are better off buying new construction homes (or building their own home) because older homes cost considerably more to maintain and operate. April, … Continue reading →