Mindblown: a blog about philosophy.
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What’s Working: Colorado builders stick with rate incentives to attract new-home buyers
Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…
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Builders have 108,000 unsold homes. Good luck trying to buy one.
Builders have too many new homes on their hands. Thanks to a construction boom years in the making, homebuilders are sitting on more newly completed homes than at any point since 2009, when the market was reeling from the global financial crisis. Despite the hefty ready-to-sell supply, a sizable chunk of those homes may never…
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In Trump’s America, who will build new homes?
Samantha Delouya and Julia Vargas Jones, CNN November 19, 2024 at 10:50 AM Duewight Garcia overstayed his tourist visa to the US in 2019 after he said run-ins with gangs and his student activism in Honduras made him feel it was unsafe to return. Since then, Garcia, who is in his mid-30s, has worked in…
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What’s Working: Colorado builders stick with rate incentives to attract new-home buyers
Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…
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Builders have 108,000 unsold homes. Good luck trying to buy one.
Builders have too many new homes on their hands. Thanks to a construction boom years in the making, homebuilders are sitting on more newly completed homes than at any point since 2009, when the market was reeling from the global financial crisis. Despite the hefty ready-to-sell supply, a sizable chunk of those homes may never…
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Here’s why we won’t build millions of new homes
We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate…
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What’s Working: Colorado builders stick with rate incentives to attract new-home buyers
Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…
-
Builders have 108,000 unsold homes. Good luck trying to buy one.
Builders have too many new homes on their hands. Thanks to a construction boom years in the making, homebuilders are sitting on more newly completed homes than at any point since 2009, when the market was reeling from the global financial crisis. Despite the hefty ready-to-sell supply, a sizable chunk of those homes may never…
-
Here’s why we won’t build millions of new homes
We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate…
-
What’s Working: Colorado builders stick with rate incentives to attract new-home buyers
Traffic picked up this year at the Oakwood Homes sales office for Banning Lewis Ranch, where new homes in the northern Colorado Springs neighborhood start in the mid-$300,000s. But business is nowhere near pre-pandemic levels or even during the pandemic, when home buying was in a frenzy, Lauren Hanshaw, a new-home counselor at the office,…
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