Anxiety about mortgages plagues first-time new home buyers
Nearly three-quarters of people in the market to buy their first newly built home worry they won’t qualify for a mortgage, according to a news Homes.com survey.
New construction buyers gravitate toward the South
People who recently bought or are interested in buying new construction homes are concentrated mainly in the South, and so are the builders, according to a recent survey by Homes.com.
First-time buyers opt for new houses that are smaller, more affordable
First-time homebuyers prefer smaller, more affordable new homes, according to Homes.com's New Construction: What Buyers Want Survey.
We asked what you wanted in a new home. Here's what you said.
A new Homes.com/YouGov survey of recent and upcoming new-home buyers found they tend to favor single-family setups over townhouses and condos, and they value modern features like energy-efficient and smart home products more than bigger spaces.
Mattamy Homes building one-, two-story houses in emerging market near Dallas
A 13-year-old, master-planned development outside Dallas is entering the next phase of development.
Lennar expands housing plans near Phoenix
Lennar Corp., on the heels of launching sales for the first phase of homes at a Phoenix development, is planning an expansion for the community.
Brighton Homes pitches Phoenix homes on tight parcel
Utah-based Brighton Homes is expanding its housing portfolio in Arizona with a plan to rezone a 6.5-acre parcel in Mesa to make way for 41 homes.
Single-family housing starts fall to 13-month low amid inventory concerns, elevated borrowing costs
Homebuilders are starting work on fewer single-family houses, a trend indicating that concerns linger about unsold inventory and elevated mortgage rates, even as optimism that borrowing costs for buyers are headed down.
Nearly 40% of builders say they cut new home prices this month
Builders nationally remain uneasy about new home sales, reporting the highest share of discounts this month since before the pandemic. At the same time, positivity could be on the horizon as homebuilders await the Federal Reserve’s decision on borrowing rates expected Wednesday.
Richmond American Homes expands in major Phoenix master-planned community
A national homebuilder is growing its presence in one of Arizona's largest master-planned developments.
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