As someone who’s passionate about every aspect of the housing market, I want to highlight some recent trends in new home construction. Currently, U.S. permits for new builds are 19.4% below pre-pandemic levels, and we’ve seen a steady decline for 44 consecutive months. This slowdown is largely due to high construction costs, rising mortgage rates, and affordability challenges, all of which are making it tougher for builders to deliver new homes at a time when we’re already facing a 4.7 million housing unit deficit. For buyers and sellers alike, understanding these shifts is key—especially when navigating the market with confidence and making strategic decisions. My commitment is to guide clients with the energy, patience, and expertise that every move deserves, no matter the market challenges.
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