#sun-belt-markets

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#residential-construction #speculative-overbuilding #housing-starts--permits #housing-inventory
Real estate
fromwww.housingwire.com
3 days ago

Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt

Residential construction fell to its lowest since May 2020 due to speculative overbuilding in Sun Belt and West, signaling prolonged weakness for new-home starts, permits.
fromFast Company
3 months ago

80 housing markets cross a critical line-why that's good for homebuyers

During the pandemic housing boom, from summer 2020 to spring 2022, the number of active homes for sale in most housing markets plummeted as homebuyer demand quickly absorbed almost everything that came up for sale and home sellers had ultimate power. Fast-forward to the current housing market, and the places where active inventory has rebounded to 2019 levels (due to strained affordability suppressing buyer demand) are now the very places where homebuyers have gained the most power.
Real estate
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