article thumbnail

Which Housing Markets Are Seeing the Biggest Inventory Gains?

Pro Builder

Which Housing Markets Are Seeing the Biggest Inventory Gains? year-over-year in Jacksonville, Fla., annual increase in local housing supply. Read more Housing Markets Sales Market Data + Trends Housing Markets Median sale prices for single-family homes were down 2.2% while inventory rose 177% on an annual basis.

article thumbnail

Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .

professionals

Sign Up for our Newsletter

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

article thumbnail

The Top 10 Metros for Digital Nomads Present Opportunities for Builders

Pro Builder

Jacksonville, Florida. Taking the top spot is the largest city (by land area) in the continental United States – Jacksonville. Page views to Jacksonville rental listings increased 120% over the same time last year. Jacksonville is the most affordable metro in Florida for the typical digital nomad. Housing Markets.

Metro 52
article thumbnail

VIDEO: Construction Company Roofs Wrong House

Construction Equipment

Two weeks ago, K&G Construction turned up at homeowner Shontey Hambrick's house in Jacksonville, Florida to begin working on her roof. News4Jax.com reports problems started when Hambrick told the K&G roofer he was at the wrong house. "I I told him multiple times, 'I think you have the wrong address, sir.

Housing 48
article thumbnail

Despite a Cooler Market at the Start of 2023, Rents Are Still Rising in These U.S. Metros

Pro Builder

While metros such as Salt Lake City, Jacksonville, Fla., Read more Housing Markets Build to Rent Affordability Housing Markets Typical asking rents are at $1,970 nationwide, 6.9% higher than one year ago, but down 0.8% from the peak of $1,987 recorded in September 2022, Zillow reports. 0.9%), Buffalo, N.Y.

Metro 90
article thumbnail

The Top 10 U.S. Metros With the Least Expensive New Construction

Pro Builder

The price of a newly built home reached $423,000 in January, according to Realtor.com, but havens of lower-cost new construction in the Sun Belt and Midwest could offer affordability for some house hunters. Housing Markets. Housing Markets. New-Construction Projects.

Metro 52
article thumbnail

The Top 10 U.S. Metros With the Cheapest New Construction

Pro Builder

The price of a newly built home reached $423,000 in January, according to Realtor.com, but havens of low-cost new construction in the Sun Belt and Midwest could offer affordability for some house hunters. Housing Markets. Housing Markets. New-Construction Projects.

Metro 52