Single-family home construction spending is down 4% from last May, according to new Census Bureau data, as elevated mortgage rates and affordability pressures drag down demand.
Nearly two-thirds of builders are offering things like free appliances or lower-interest rate loans, according to the National Association of Home Builders.
The latest survey from the National Association of Home Builders showed confidence ticked up in December, but two-thirds said they’ve had to offer incentives lately to get buyers to commit.
Businesses across the country are experimenting with artificial intelligence and how it can help them grow. This Idaho home builder is using it to “to things a differently” when it comes to real estate.
