Jordan Brooks’ Post

"New construction deliveries reached a new high of 140,800 units in Q4 2023, bringing the four-quarter total to a record 416,500. Fewer construction starts in recent quarters indicates there will be a decrease in deliveries in 2025 and beyond..." #housingmarket #realestate #housingaffordability #homeconstruction #multifamilyconstruction #housingdemand https://lnkd.in/gEQ77ebK

MMG's National Construction Pipeline Report is finally here!! It's no secret that the hot topic right now for the multifamily market is the lack of construction starts and how that is going to affect demand/rents moving forward. But let's put some numbers to this discussion: 2022: There were 745,699 multifamily units built. 2023: There were 514,136 multifamily units built. ........... 2024: There are only 148,749 multifamily units that have been built. What does this tell you about 2025 and 2026? View our 3Q24 National Multifamily Construction Pipeline Report here: 👇  https://lnkd.in/gaBkRWnS MMG Real Estate Advisors #mmgrea #apartmenthousing

High interest rates, construction costs push Condo market in Hamilton and GTA to record lows Contact me to discuss the latest scoop in real estate! #parrysoundrealestate #GTArealestate #Bramptonrealestate #teambains #amritbains #makethemove #housegoals #realestateinvesting #realestateexpert #realestate

HEAVILY REDUCED PRICING - New Construction Homes | New Construction Homes If you are ready to begin shopping for a home in Scottsdale, Queen Creek, S.E. Mesa, Gilbert, San Tan Valley, Florence or Coolidge Arizona we are Currently Specializing in New Build-New Construction Homes here in Arizona. Let us show you some of these deals that are currently going on here in the Phoenix E. Valley. These New Build Homes have been Significantly Marked Down over that last many months and come with lots of Upgrade Incentives and Nice Finance Options. 4.375% (5.43% APR)  30-Year Fixed Rate, USDA & VA Conventional Loans #TollBrothersLuxuryHomes #NewConstructionHomes #ArizonaHomes #LuxuryLIving

The National Association of REALTORS® (NAR) examined single-family building permits across 261 metro areas to identify housing construction trends. Nationally, housing starts peaked in 2005 and hit a low in 2009, with current levels below the historical average. Locally, some metro areas like Houston and Dallas exceed their historical averages in single-family permits, while others like Chicago lag behind. Smaller metro areas show a 26.1% increase in permits, outperforming larger areas, which only see a 9.3% increase. The report highlights regional differences in housing production, influenced by factors such as land availability and regulatory environments. Read more 🔽 https://lnkd.in/ePQVN7gg

Despite the fact that 5.6% of current inventory is under construction, demand remains strong in Cincinnati, highlighting the market's resilience. Read our latest multifamily construction pipeline report here: 👇  https://lnkd.in/gRhrdSSF MMG Real Estate Advisors #mmgrea #cincinnati #apartmenthousing

High interest rates, construction costs push Condo market in Hamilton and GTA to record lows Contact me to discuss the latest scoop in real estate! #waterdownrealestate #teamjensen #Hamiltonrealestate #gta #oakvillerealestate #burlingtonrealestate #realestate #realtorforlife #realtor #housingmarket

Looking to buy in the current housing market? 📈 Explore the pros and cons of building a new construction home vs. buying a fixer-upper! 💡 Our latest blog post has all the insights you need to make an informed decision. https://brev.is/IVoan

Construction and Real Estate are resilient industries that always find ways to adapt to challenges. #MMAConstructionPractice #MMARealEstatePractice

High interest rates, construction costs push Condo market in Hamilton and GTA to record lows Contact me to discuss the latest scoop in real estate! #RobertAtkinson #realestateToronto #gta #realestategta #torontohomestaging #torontorealtor #torontorealtors #torontorealestate