Countdown: Top 10 U.S. Cities Building the Most Homes for Buyers – Part 1
Currently, the number of listings for available homes is about half of what it was last year when inventory was already low, according to realtor.com. Increasing housing demand and ever-decreasing inventory continue to lead to bidding wars and rising prices in many states across the country. In mid-January Fannie Mae’s chief economist Doug Duncan said homebuilders would have to ramp up supply because houses were continuing to fly off the shelves. “The new home sales numbers had a big jump in 2020,” he said, “and there will be more growth in 2021, but they’re [homebuilders] going to have to rebuild