Where are the newly constructed homes?

I have encountered buyers who want newly constructed homes, built within the last year, and are frustrated that they can’t find any that fit their criteria.

According to the AZ Daily Star, Tucson has lost 48% of its construction jobs since 2007. Obviously this decline, means less homes have been constructed in the past few years. Builders, I have spoken to, say they are hesitant to construct new homes, since many existing homes are selling below replacement costs.

On a positive note, The National Association of Home Builders, said its index of industry sentiment for March 2011 rose. That’s the first increase in five months!

Tucson Real Estate Agent, Lisa Bayless, specializes in Tucson Foothills homes and Oro Valley homes.

Share
This entry was posted in Real Estate News and tagged , , . Bookmark the permalink.

5 Responses to Where are the newly constructed homes?

  1. Suevonne says:

    YMMD with that aneswr! TX

  2. Deandra says:

    I was really confused, and this anserwed all my questions.

  3. Maryland says:

    AFAICT you’ve covered all the bases with this awnser!

  4. Hello my friend! I want to say that this post is amazing, nice written and include approximately all vital infos. I would like to see more posts like this .

  5. whoah this blog is wonderful i love reading your posts. Keep up the good work! You know, a lot of people are searching around for this info, you can help them greatly.

Leave a Reply to Deandra Cancel reply

Your email address will not be published. Required fields are marked *