Friday, April 26, 2024 | The Latest Buzz for the Appraisal Industry

New-Construction Homes Rise to Record High

According to a new report from Redfin, more than 34.1% of single-family homes for sale throughout the U.S. in December were new construction, up from 25.4% a year earlier and the highest share on record.  Newly built homes have started to take up an increasing portion of U.S. housing inventory over the last 10 years, with a significant increase in …

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