Category: new home buyer

Over 40 Percent of Homes See Prices Drop in Multiple Local Housing Markets

With home sellers realizing that buyers are no longer able to afford houses at current prices and mortgage rates, they are adjusting expectations and prices are dropping in multiple housing markets across the United States, according to real estate brokerage Redfin. In Provo, Utah, 47.8 percent of homes for sale saw prices go down in…


HomeBuilder Has ‘Saved the Day’ for Construction Industry: Master Builders

The building industry’s peak body is applauding the success of the HomeBuilder scheme, which is expected to support $18 billion worth of residential construction and renovation projects. “There is no doubt that the Federal Government’s decisive action to implement HomeBuilder in the eye of the COVID storm saved the day for thousands of small builders…