Realtor.com New Construction

🚨 Weekly Economic Update from the Realtor.com Economics Team 🚨 -The PCE Index remains above target, with a slight uptick in the core measure, contrasting with CPI data that has shown improvement. -A dip in confidence, driven by falling expectations, has dropped to a 12-year low. -Mortgage rates have decreased slightly, hovering around 6.6%-6.7%, providing some relief to buyers. -While new home sales have increased, pending home sales are down year over year, highlighting the new home market’s continued advantages, particularly when builders are flexible on prices and can offer lower-rate financing. -January’s Case-Shiller data shows a rise in home prices, especially in cities like New York, Chicago, and Boston. However, asking prices have softened recently. -Inventory trends indicate that while the market is moving slower than last year, the gap is narrowing, with steady listing prices and increasing inventory. You can find the full report and video here: https://lnkd.in/duAz8wXE #ConnectingBuildersWithBuyers #NewHomes #NewConstruction #EconomicTrends #RealEstate #NewHomeSales

𝗛𝗼𝘂𝘀𝗲𝗵𝗼𝗹𝗱 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗩𝗮𝗹𝘂𝗲 𝗮𝗻𝗱 𝗘𝗾𝘂𝗶𝘁𝘆 𝗥𝗲𝘁𝗿𝗲𝗮𝘁 𝗶𝗻 𝗤𝟰 𝟮𝟬𝟮𝟰, 𝗯𝘂𝘁 𝗦𝘁𝗶𝗹𝗹 𝘁𝗵𝗲 𝟯𝗿𝗱 𝗛𝗶𝗴𝗵𝗲𝘀𝘁 𝗼𝗻 𝗥𝗲𝗰𝗼𝗿𝗱 🏠📉 Key takeaways from the latest Flow of Funds data (Federal Reserve) for Q4 2024: 🏡 Real Estate Value: The total value of owner-occupied homes dropped to $48.1T, down $0.4T from Q3, yet remains the third highest ever. 💰 Home Equity: Total home equity reached $34.7T, a slight decrease from last quarter but up $3.2T year-over-year. Equity as a share of real estate value holds steady at 72.2%. 📈 Mortgage Debt: Mortgage debt hit a record $13.3T, an increase of $100B from Q3, reflecting steady debt growth, typical of pre-2020 levels. 🛡️ Cushion for Homeowners: Today’s high home equity provides a robust safety net for homeowners and the economy. Even with a 10% decline in home values, homeowners would still hold 69.5% equity—similar to the second half of 2021. A 20% decrease would result in equity at 65.6%, comparable to 2019. To read the full report, go to https://lnkd.in/ggfPktZh #RealEstate #HomeEquity #ConstructionIndustry #MortgageTrends #HousingMarket #Builders #RealEstateTrends

𝗗𝗼𝘄𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗥𝗲𝗮𝗰𝗵 𝗡𝗲𝘄 𝗛𝗶𝗴𝗵𝘀 𝗶𝗻 𝗤𝟰 𝟮𝟬𝟮𝟰 Down payments hit a record 14.4% of the purchase price in Q4 2024, with a median amount of $30,250. Although slightly lower than the peak in Q2, 2024 experienced the highest down payments in history. Key Insights for Builders: 💰 Buyers are putting more down: Higher down payments continue to rise, especially for second homes and investment properties, which see rates of 28% and 27.4%, respectively. 🏠 High-income buyers dominate: Larger down payments help minimize loans and interest, favoring wealthier buyers in today’s market. 🔑 Modest down payments: First-time buyers still make smaller down payments (around $8,200) but face pressure from increasing housing costs prices. To dive deep into this economic report by Hannah Jones, read here: https://lnkd.in/ggCh_WSm #HousingMarket #RealEstateTrends #HomeBuilding #Builders #DownPayments #Construction

It’s hard to believe it’s already been a month since IBS 2025! A huge thank you to everyone who stopped by our Builders Club, our loyal customers for saying hello, and to all our new customers — we loved connecting with you! We also want to express our gratitude to the entire team that contributed to making this event a success. We’re excited to carry these insights and trends into the year ahead. See you at IBS 2026! 🙌 #ConnectingBuildersWithBuyers #NewHomes #NewConstruction #IBS2025 #IBS2026 #NewConstructionHomes #RealEstateTrends

𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟱 𝗡𝗲𝘄 𝗛𝗼𝗺𝗲 𝗦𝗮𝗹𝗲𝘀 𝗦𝘂𝗿𝗴𝗲 – 𝗗𝗿𝗶𝘃𝗲𝗻 𝗯𝘆 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 📈Sales Up: A 1.8% increase in February, reaching 676K, reflecting a +5.1% year-over-year growth. 🏡Affordable Homes: The median price drops to $414,500; 34% of sales fall within the $300K-$399K range. 🌍Regional Gains: The South (+6.6%) and Midwest (+20.6%) experience significant increases, while the Northeast and West see declines. 🏘️More Inventory: There are 7.5% more new homes available for sale; new homes constitute 28.7% of total inventory.  ✅Completed Homes: An increase in finished homes allows buyers to view the product in person. 🔨Opportunity for Builders: Emphasize affordable new inventory, particularly in the South. With high mortgage rates, this is the opportune moment for builders to provide affordable new homes to fulfill demand. Read the full article by Joel Berner, Senior Economist at Realtor.com, here: https://lnkd.in/gZpwJBKS #NewHomes #AffordableHousing #HousingMarket #BuildingTheFuture

🚨LIVE NOW: Build Better Webinar: Special IBS 2025 Edition The latest episode featuring Tammie Smoot MIRM, National Association of Home Builders Public Affairs and Association Communications Vice Chair, Bob Seeman, VP of New Homes, and Don Turner, National Director of Sales, both from Realtor.com New Construction, is now available! Tune in for: 🏗️Insights on the evolution of IBS 🌍The top trends from IBS 2025 shaping the future of housing 💡Innovative solutions to current industry challenges Don’t wait—watch it now: https://lnkd.in/gYUzbg-j #ConnectingBuildersWithBuyers #BuildBetter #NewHomes #NewConstruction #NewConstructionHomes #RealEstate 

𝗡𝗲𝘄 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗦𝗹𝗼𝘄𝘀 – 𝗪𝗵𝗮𝘁 𝗗𝗼𝗲𝘀 𝗜𝘁 𝗠𝗲𝗮𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁? New residential construction slowed in February 2025, with permits, starts, and completions all down compared to last year. Builders are exercising caution due to economic uncertainty, including trade policy changes and a reduced labor force. Multifamily construction was hit hardest, declining by 15.7% from last year, which may lead to higher rents in the future. Despite the downturn in multifamily units, single-family homes experienced a smaller decline, and homebuyers have more options as inventory grows. This shift could make renting more expensive in the coming years as the construction of multifamily units continues to decrease. Read the full article for more insights on the housing market: https://lnkd.in/gKc5Aq7f #ConnectingBuildersWithBuyers #NewHomes #NewConstruction #NewConstructionHomes #RealEstate

𝗖𝗿𝗮𝗳𝘁𝘀𝗺𝗮𝗻-𝗦𝘁𝘆𝗹𝗲 𝗛𝗼𝗺𝗲𝘀 𝗔𝗿𝗲 𝗜𝗻 𝗗𝗲𝗺𝗮𝗻𝗱 – 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗣𝗿𝗲𝗽𝗮𝗿𝗲𝗱? Homebuyers are moving away from generic modern constructions in favor of homes that offer character and charm. This style comes from a movement at the turn of the 20th century and applies to both interior design as well as exterior and landscape design. Here’s why Craftsman-style homes are gaining popularity: 🏡 High buyer interest: Customers desire more than just a house—they seek a lifestyle. 💰 Substantial returns: Builders who embrace this style achieve premium prices. 🪵 Distinctive features: Detailed woodwork, open floor plans, and spacious porches. 🌎Nationwide appeal: Craftsman homes are becoming increasingly popular across the country. Discover how to take advantage of this trend by reading the full article: https://lnkd.in/eVw7e_cR #ConnectingBuildersWithBuyers #CraftmanStyleHomes #DesignTrends #NewHomes #NewConstruction #NewConstructionHomes #RealEstate 

On March 24, be sure to tune in to the seventh episode of our Build Better Webinar. Join Tammie Smoot MIRM, Vice Chair of Public Affairs and Association Communications, National Association of Home Builders & VP of Builder Development at NEO - New Estate Only, along with Bob Seeman and Don Turner, from Realtor.com, as they dive into the home building and real estate industries.   🎯 Key Topics: - Evolution of the International Builders Show (IBS) - Key trends from 2025 - Innovative solutions to current challenges Sign up now to receive this episode and receive all future episodes directly to your inbox: https://lnkd.in/gbdpUWxx Don’t miss out on these valuable insights! #ConnectingBuildersWithBuyers #BuildBetter #Webinar #HomeBuilding #RealEstate #IBS2025

🚨 Weekly Economic Update from the Realtor.com Economics Team 🚨   - February inflation data shows improvement, reversing recent upward trends. While this is a positive development, other economic concerns continue to dominate the conversation. - Shifts in bond yields are affecting mortgage rates and impacting homebuyer sentiment. What does this mean for the upcoming spring buying season? Danielle provides the details. - With rising listings and active inventory, coupled with softer listing prices and homes taking longer to sell, the housing market is shifting towards conditions that are more favorable for buyers. - According to Realtor.com’s new report, April 13-19 is the ideal time to list your home. Danielle explores why these dates are advantageous for sellers. - Additionally, Danielle shares key takeaways from the Housing Supply Gap report released during SXSW this week, addressing the ongoing challenges and opportunities in addressing America’s housing shortage.   To read the full report, click here https://lnkd.in/g-sShAvA #ConnectingBuildersWithBuyers #EconomicTrend #NewHomes #RealEstate #RealEstateTrends