article thumbnail

Homeownership Is Becoming the More Affordable Option in Most Housing Markets

Pro Builder

Homeownership Is Becoming the More Affordable Option in Most Housing Markets. Housing prices are high all around, but low mortgage rates, rising wages, and home-equity wealth are giving buyers an edge over renters. housing markets, according to The Washington Post. Housing Markets. Housing Markets. New-Home Sales.

article thumbnail

The Synergy of Industrialized Construction and Built-for-Rent Housing

Pro Builder

The Synergy of Industrialized Construction and Built-for-Rent Housing. With labor and supply chain constraints across the industry, the simplicity and predictability of the build-to-rent business can drive faster adoption of factory-built solutions,” says Dennis Steigerwalt, president of the Housing Innovation Alliance.

Housing 97
professionals

Sign Up for our Newsletter

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

article thumbnail

Tampa Takes the Top Spot as 2022's Hottest Market

Pro Builder

Tampa Takes the Top Spot as 2022's Hottest Market. For the second year in a row, the Sun Belt is dominating Zillow’s list of the nation’s hottest housing markets with metros like Tampa, Jacksonville, and Raleigh securing the top spots. Housing Markets. Housing Markets. Tue, 01/04/2022 - 10:29. Market Data + Trends.

Tampa 52
article thumbnail

Experts Say This City Will Be the Nation's Hottest Market

Pro Builder

Phoenix, Nashville, Tampa, Denver, and Austin all experienced a hot market last year, but these metros' upward trajectory is not predicted to end this year. Austin, TX will lead as the hottest housing market, Zillow says. Phoenix came in second with 69%, followed by Nashville (67%), Tampa (60%), and Denver (56%). . cbroderick.

Austin 98
article thumbnail

Here Are the Most Affordable Destinations for Migrating Homebuyers

Pro Builder

Las Vegas is another hotspot for out-of-state buyers, and Florida’s relatively inexpensive real estate makes it a desirable location for incoming house hunters as well. Miami came in number 3 on the Redfin list, followed by Tampa (number 4), Cape Coral (number 7), North Port-Sarasota (number 9) and Orlando (number 10).

article thumbnail

A Record High Number of Home Buyers Are Looking to Relocate

Pro Builder

of Redfin.com house hunters eyed a move to a different metro area in January 2022, up from 31.5% As mortgage rates steadily rise and rental prices reach unprecedented highs, Americans with constricted budgets will be more inclined to relocate in the coming months to secure affordable housing before being entirely priced out of heated market.

Miami 98
article thumbnail

Home Builder Sentiment Reaches Pre-Pandemic Levels

Pro Builder

The NAHB/Wells Fargo Housing Market Index, which tracks builder sentiment, considers anything over 50 to be positive. Builders are seeing strong traffic and lots of interest in new construction as existing home inventory remains lean,” said NAHB Chairman Chuck Fowke, a builder from Tampa, Florida.

NAHB 98