Tag: industry

Expect this elevated demand amid today’s tight housing supply to place upward strain on home costs. Sturtevant tasks that the anticipated further decline in mortgage rates ought to deliver more patrons to the market this fall. However, ongoing affordability challenges and elevated resale stock, providing prospective consumers more choices, might require residence builders to proceed providing incentives to lure patrons. Sometimes even small modifications in native governance can have a massive effect on real estate. Zoning changes, modifications to the constructing code, or the construction of new parks or highways can mean big price swings for owners and consumers. Lewis…Continue Reading