Chesapeake Development

Prices will continue to rise with such a scarce inventory. Many smaller builders have been forced out of business because of the restrictive lending requirements.

Atlanta home values surpass milestone amid record-high national sale prices - Atlanta Business Chronicle Atlanta home values have risen 16% in the past three years.

"Ironically, the Federal Reserve could hasten a price decline by cutting rates. The resulting decrease in mortgage rates will allow current homeowners to move and bring more units on the market".

Housing Crisis 2023: Why Home Prices Will Keep Surging on Rising Rates Investors are worried about a housing market crash, but the data suggests that home prices will only keep surging. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. ChatGPT IPO Could Shock the World, Make This Move Before the Announceme...

Bad news for would be home buyers. The housing shortage will continue to worsen without new starts. Six MILLION new homes are needed.
"The United States is not building enough homes to account for the number of people setting up their own households. As a result, there is a sizable shortage of new homes after more than a decade of under-building relative to population growth, according to a new analysis from Realtor.com".

Single-Family Starts Decreased in 2022 for First Time in Over Ten Years The Mountain Census division reported the largest drop in single-family starts on a year-over-year basis last year.

Is history repeating itself, again?

Do You Believe the Housing Market Is Undersupplied? Really? It may seem like we're in uncharted territory, but that's only because we're not looking far enough into the past.