New Home Construction Offers Hope For Housing

Dated: April 28 2023

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The latest data in the New Residential Construction report by the U.S. Census Bureau and the Department of Housing and Urban Development shows that the housing market is showing signs of improvement. The report shows that the number of homes that began construction in March increased by 2.7 percent compared to the previous month, and permits to build single-family homes rose by 4.1 percent. These numbers suggest that home builders are confident about the market, which is a positive sign for anyone looking to enter the market in the coming months.

If you're interested in the Southwest Florida real estate market, MikeDowner.com is an excellent resource for information and services. The website provides up-to-date information on sales trends, homes for sale in Collier County and Lee County, short sales, foreclosures, new construction, investment property, land sales, and regional commercial locations. You can browse the website for more information or call Mike at 239-722-6453.

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Michael Downer

Your Luxury REALTOR®, Trusted Advisor — Quintessential Naples Team at Downing-Frye Realty®Michael "Mike" Downer is the REALTOR® you want in your corner when buying or selling real es....

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