New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in ...
New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers
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#e535966b ver:0.35
New data shows that new homebuyers in the US are increasingly preferring move-in ready homes over fixer-uppers. Housing starts and permits have declined, with single-family homebuilding dropping significantly. Rising mortgage rates have caused potential buyers to hold off on purchasing homes, despite high demand and an optimistic mood among homebuilders. The decline in construction reflects the impact of mortgage rates on the housing market, while a shortage of existing homes for sale continues to drive demand. New home sales have increased, but existing home sales have declined due to homeowners' reluctance to sell. The manufacturing sector shows signs of recovery, while the housing market faces challenges. Sales of previously-owned homes have fallen due to high mortgage rates and elevated prices. New listings are on the rise, but the quality of properties is declining, as homebuyers prefer move-in ready homes. #housingmarket #mortgagerates #homebuyers #newhomesales #existinghomesales...
#newstr #UsHousingMarket #Homebuyers #Fixeruppers #ConstructionIndustry
https://here.news/story/e535966b?ver=0.35
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#e535966b ver:0.35
New data shows that new homebuyers in the US are increasingly preferring move-in ready homes over fixer-uppers. Housing starts and permits have declined, with single-family homebuilding dropping significantly. Rising mortgage rates have caused potential buyers to hold off on purchasing homes, despite high demand and an optimistic mood among homebuilders. The decline in construction reflects the impact of mortgage rates on the housing market, while a shortage of existing homes for sale continues to drive demand. New home sales have increased, but existing home sales have declined due to homeowners' reluctance to sell. The manufacturing sector shows signs of recovery, while the housing market faces challenges. Sales of previously-owned homes have fallen due to high mortgage rates and elevated prices. New listings are on the rise, but the quality of properties is declining, as homebuyers prefer move-in ready homes. #housingmarket #mortgagerates #homebuyers #newhomesales #existinghomesales...
#newstr #UsHousingMarket #Homebuyers #Fixeruppers #ConstructionIndustry
https://here.news/story/e535966b?ver=0.35