138: Home Building is Exploding, But Will it Solve Our Inventory Crisis? w/Nikolas Scoolis
We’re in the thick of a housing crisis. Buyers are waiting to pounce on properties, but there aren’t any houses to buy. Mortgage rates are high, and prices have risen or stayed flat in most parts of the country. So, where do first-time home buyers turn when there’s nowhere else to go? New construction homes! But it’s not just regular home buyers bidding on new construction. Investors are creating more competition as the existing home market slowly trickles out inventory.
Nikolas Scoolis’ team at Zonda has been distributing some of the most comprehensive new construction data for the 2023…
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