Real Estate in the News
1/3 of Single-Family Homes For Sale are Newly Built. Here's what Buyers Need to Know:
“It doesn’t mean necessarily that new construction has ramped up,” said Robert Dietz, chief economist of the National Association of Home Builders. Homebuilders are still constructing about 1 million single-family homes a year, he said.
“What’s happened is that the level of resale inventory has shrunk,” Dietz said.
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The Hottest Summer Ever Is Coming: What Extreme Heat Can Do to Your Home - And How to Prevent the Damage
The Realtor.com® 2024 climate risk study found that nearly a third of all homes in the U.S. are located in areas that are prone to extreme heat exposure.