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THERE IS A BIAS TO NEW
July 15th, 2020 8:24 AM
This June we saw a remarkable housing demand for New Homes on the East End and other distant commuter areas in the North East where sales of  New Homes were up 86% over the same period in 2019.
"Computer oriented people from NYC and close-by New Jersey are looking for a new, fresh residence where wellness features make sense for them".*
Yes, its a perfect storm for home builders. A sharp decline in the supply of existing homes and a increasing preference for brand New, high tech homes with amenities for working and schooling.





*Sheryl Palmer, CEO of Taylor Morrison

Posted by Richard Wayne Abatelli on July 15th, 2020 8:24 AMPost a Comment

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