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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. Tue, 01/04/2022 - 10:29. Where the sun is hot, the real estate is even hotter.

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Home Prices Rise at the Fastest Rate on Record

Pro Builder

After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022.

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Home Builder Sentiment Reaches Pre-Pandemic Levels

Pro Builder

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. All indexes experienced growth, surpassing the 50 point mark.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. He has also served as president of the Tampa Bay Builders Association (TBBA) and the Florida Home Builders Association (FHBA). New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00.

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Rental Market Recovers Faster Than Predicted

Pro Builder

There’s rebalancing in the for-sale market as well with inventory increasing for the third consecutive month and home value growth slowing in many of the largest markets. higher in Tampa. Inventory Rebound Continues. For-sale inventory, while still down 27.6% lower than they are today. Read More. . Multifamily.

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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

increased its inventory by 380 percent, going from having 382 single-family rentals in 2017 to 1,834 rentals in 2022. 265%), and Tampa, Fla. These budding cities include Charlotte, N.C., that had 621% more BFR homes in 2022 (1,333 units) than in 2017 (185 units). Atlanta, Ga., Jacksonville, Fla.,

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How Multifamily Builders Can Benefit From Single-Family Boom

Pro Builder

Builders are especially busy with nearly all standing inventory sold, so new-home buyers must wait nine to 12 months before their homes are even constructed. Here are some examples from across the country: Wesley Chapel (Tampa MSA). Renting where that new home will be could be ideal.

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