Affordable New Housing

New Home, Construction, Build

While new homes are springing up again, affordable new homes are still hard to find.

“This month’s sales distribution indicates that builders have intensified their focus on higher priced homes. Sale of new homes under $300,000 plummeted from 51 to 38 percent of the market, while homes over $300,000 increased from 49 to 62 percent between May 2016 and May 2017.”

To read the full article, click here: http://research.realtor.com/home-builders-arent-following-market/

Posted on July 3, 2017 at 5:05 pm
Julie Maxwell | Category: Real Estate | Tagged , , , , , ,

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