March Madness - More Ways Than One
By Michele Herndon, Herndon Group PLACE Keller Williams South Tampa
(Keller Williams South Tampa)
At This Time of Year Our Thoughts Turn To ...The Competition that New Construction Brings to Other Sellers in The MarketData Provided by our always informative friends @ www.keepingcurrentmatters.comThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year ... How will this impact buyers? More inventory means more options. Lawrence Yun, NAR’s Chief Economist, explained this is good news for the housing market – especially for those looking to buy:“This rise in single-family housing construction will help tame home price gro...
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