article thumbnail

What to Know About Home Renovations in 2023

Lamacchia Realty

Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects. It’s so important to stay informed of the impact of inflation, availability of materials, and supply chain issues. Building materials costs index - U.S.

article thumbnail

Keller Williams launches KW New Homes Community

Housing Wire

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. The BDRC training is slated to launch in Q4 ’21. Sales of newly built, single-family homes fell 6.6% on a year-to-date basis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The evolution of the more productive real estate agent 

Housing Wire

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Although this was not the strongest showing for new home sales due to supply chain issues, and material and labor shortages, 2021 was the best year for existing home sales since 2006.

article thumbnail

HOUSING INTENSITY TO REMAIN HOT DESPITE HEADWINDS

Will Springer Realtor

“Headwinds the real estate market will face in 2022 include affordability, inflation in the economy, the potential of higher taxes and additional economic factors (including supply chain issues and struggles to fill empty positions).”. The biggest variable is Covid.