We're seeing a noticeable slowdown in new home construction across the U.S.—permits are now 19.4% below pre-pandemic levels, and this decline has lasted 44 months. Builders are facing real challenges, from rising costs and higher mortgage rates to tighter affordability. That’s all contributing to a significant shortage: we’re short by 4.7 million housing units nationwide. As someone who has navigated these shifting markets for years, I always keep a close eye on how these trends might impact your options and timing. In a market where experience and proactive strategy make all the difference, having a dedicated, full-time agent on your side is essential.
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