Category: Uncategorized
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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,…
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Housing data recap: Existing home sales, new builds, and more
00:00 Speaker A Julie, the housing market kicked off 2025 with some momentum, as buyers and sellers come to terms with elevated mortgage rates, helping to free up some of the inventory out there. This week, we got a slew of housing data that gave us more color on the current landscape. So let’s start…
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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…
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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,…
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Toll Brothers Announces New Luxury Home Community Coming Soon to Franklin, Tennessee
FRANKLIN, Tenn., April 16, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a highly anticipated new Nashville-area community, Franklin Ridge, is coming soon to Franklin, Tennessee. Site work is underway, and the community is anticipated to open for sales later this year. Conveniently located near the…
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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…
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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,…
-
Housing data recap: Existing home sales, new builds, and more
00:00 Speaker A Julie, the housing market kicked off 2025 with some momentum, as buyers and sellers come to terms with elevated mortgage rates, helping to free up some of the inventory out there. This week, we got a slew of housing data that gave us more color on the current landscape. So let’s start…
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Toll Brothers Announces New Luxury Home Community Coming Soon to Franklin, Tennessee
FRANKLIN, Tenn., April 16, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a highly anticipated new Nashville-area community, Franklin Ridge, is coming soon to Franklin, Tennessee. Site work is underway, and the community is anticipated to open for sales later this year. Conveniently located near the…
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Toll Brothers Announces New Luxury Home Community Coming Soon to Franklin, Tennessee
FRANKLIN, Tenn., April 16, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a highly anticipated new Nashville-area community, Franklin Ridge, is coming soon to Franklin, Tennessee. Site work is underway, and the community is anticipated to open for sales later this year. Conveniently located near the…