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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. million more home listings across the U.S. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. million units.

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

And, Seattleā€™s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.