Homebuilders are primed for an even better 2024
Housing Wire
DECEMBER 29, 2023
And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. In some ways, 2023 was the year of the homebuilder. There wasn’t much competition from existing homeowners.
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