What is driving up the price of new home construction
Looking to buy a new home in 2020?
Find out what’s going on in the new home construction market now.
Every week I create a one-minute video about real estate. My goal is to get you up to date information about the real estate market in general as well as specific information about Naples, Florida.
I want you to be informed so that you can make an educated decision about your real estate needs.
This week’s one-minute video topic is new home construction:
The cost of a new construction home in 2020, specifically purchasing a new home in the summer of 2020.
If you were planning on purchasing a new home now, expect to pay more. The prices of new construction homes have increased in 2020.
To find out more about what is driving the cost of a new home higher in 2020. Watch my quick one video on the subject of new home sales.
Here is a quick insight into the video. There two main factors driving up the cost of a new home, demand, and the price of lumber.
Enjoy.
Links to news articles.
Here are the links to the news articles I used to research the prices of new construction homes in August, 2020.
High Demand For New Homes Fuels Surge in Lumber Prices
New Home Sales Surge 13.9% – Far More Than Thought
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