They’re expecting to pay less interest on loans to build houses — and their clients are anticipating lower mortgage rates.
Both supply and demand for housing are increasing. The trajectory of home prices will depend on whether supply or demand grows faster.
But not because it’s easier to buy.
The industry’s mood continues to brighten, a trade group says, but sourcing sophisticated equipment remains a challenge.
Housing demand has been improving in recent months, as mortgage rates have ticked down. And while that’s putting upward pressure on home prices, there are a few factors that could keep a lid on home price appreciation.
Upstart companies hope 3D printing can disrupt the sector by creating structures in a fraction of the time traditional methods require.
Construction supports businesses throughout the supply chain and keeps the national housing deficit from growing.
Rents are up, providing builders an incentive.
Now that people are working, eating, exercising all in one place, some want more room. But what do bigger homes do to affordability?
The housing market for homes that have been occupied before is already tight and may become even more competitive.