Category: Uncategorized
-
Groundbreaking on 47 new affordable Buffalo homes finally begins, part of $24.5M effort
In 2023, Erie County Executive Mark Poloncarz announced his intention to work with the City of Buffalo to invest nearly $25 million to build affordable homes throughout Erie County, with the county and city combining funds to build dozens of homes solely within city limits. Two years later, officials got together to celebrate the groundbreaking…
-
Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals
Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag deals — provided they’re in the right part of the country. As of February, builders had completed some 119,000 homes that weren’t yet sold. To lure buyers, they’re dangling incentives like mortgage rate buydowns,…
-
Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals
Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag deals — provided they’re in the right part of the country. As of February, builders had completed some 119,000 homes that weren’t yet sold. To lure buyers, they’re dangling incentives like mortgage rate buydowns,…
-
Groundbreaking on 47 new affordable Buffalo homes finally begins, part of $24.5M effort
In 2023, Erie County Executive Mark Poloncarz announced his intention to work with the City of Buffalo to invest nearly $25 million to build affordable homes throughout Erie County, with the county and city combining funds to build dozens of homes solely within city limits. Two years later, officials got together to celebrate the groundbreaking…
-
Groundbreaking on 47 new affordable Buffalo homes finally begins, part of $24.5M effort
In 2023, Erie County Executive Mark Poloncarz announced his intention to work with the City of Buffalo to invest nearly $25 million to build affordable homes throughout Erie County, with the county and city combining funds to build dozens of homes solely within city limits. Two years later, officials got together to celebrate the groundbreaking…
-
Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals
Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag deals — provided they’re in the right part of the country. As of February, builders had completed some 119,000 homes that weren’t yet sold. To lure buyers, they’re dangling incentives like mortgage rate buydowns,…
-
Rising Tariffs Could Drive Up New Home Prices
Tariffs on construction materials, particularly from China, may raise new home prices by up to $10,000 with costs possibly passed to consumers. ORLANDO, Fla. — Rising tariffs on construction materials could drive up the cost of new construction homes, adding pressure on homebuilders, buyers and sellers, the National Association of Home Builders said. NAHB President…
-
Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals
Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag deals — provided they’re in the right part of the country. As of February, builders had completed some 119,000 homes that weren’t yet sold. To lure buyers, they’re dangling incentives like mortgage rate buydowns,…
-
Groundbreaking on 47 new affordable Buffalo homes finally begins, part of $24.5M effort
In 2023, Erie County Executive Mark Poloncarz announced his intention to work with the City of Buffalo to invest nearly $25 million to build affordable homes throughout Erie County, with the county and city combining funds to build dozens of homes solely within city limits. Two years later, officials got together to celebrate the groundbreaking…
-
Rising Tariffs Could Drive Up New Home Prices
Tariffs on construction materials, particularly from China, may raise new home prices by up to $10,000 with costs possibly passed to consumers. ORLANDO, Fla. — Rising tariffs on construction materials could drive up the cost of new construction homes, adding pressure on homebuilders, buyers and sellers, the National Association of Home Builders said. NAHB President…