building industry

Housing Supply Shortages Slowing First-time Buyers; Signs of Hope Exist for More New Construction

CHICAGO/ Nov. 11, 2017 (PRNewswire)(StlRealEstate.News) — Stubbornly low inventory conditions in a large swath of the country are behind the below-average share of first-time buyers in recent years, but there is gaining evidence that an increase in homebuilding is around the corner. That is according to NAR’s Jessica Lautz, managing director of survey research and … Continue reading Housing Supply Shortages Slowing First-time Buyers; Signs of Hope Exist for More New Construction