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Tag Archives: Homebuilders

New Construction Keeping the Housing Market Afloat

Overall housing inventory dropped 15% year-over-year in June, remaining at an all-time low. A new market report from Redfin revealed that homebuyers are turning to new builds as many homeowners continue clinging to their low existing mortgage rates, contributing to the ongoing lack of supply.

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Who Is Bearing the Brunt of Supply Chain Issues?

With a lack of supplies, a spike in the cost of raw materials, and affordability concerns tugging at the housing market, Ward Morrison, President of Motto Mortgage, recently spoke with MReport to address the impact of supply chain issues on the marketplace.

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Deep Diving Into New Home Sales

New Home Sales

New Home sales are rising but will the growing numbers sustain? Here’s what experts are saying about the factors that can impact new home sales as the industry moves into the peak homebuying season.

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