Demand for homes is surging at Pierce County mega-development, but builders face supply shortages

Permitting activity moved higher, an indication that home builders expect the strong demand for housing to continue......»»

Two more builders have signed on to construct homes at a 1,230-acre mixed-use community under development in Warren County......»»

The supply crunch increased 52% from 2018 through 2020, according to data from Freddie Mac, which says first-time buyers are getting the hardest hit. .....»»

Would-be sellers are waiting to see how the pandemic shakes out before listing their properties. In the four-county area, the number of new listings in April declined by 34%......»»

A low supply of homes and high demand are a winning recipe for home builders......»»

Getty Images/Mark Wilson The housing market is tight, with rising demand and limited supply. But despite surging house prices, many existing homeowners aren't selling homes.  That's because of two main market dynamics at play.  In March, .....»»

Surging demand and OPEC’s limits on supply have brought the market closer to equilibrium. That would support higher prices......»»

An influx of travelers and population growth has led to a big demand for homes and a commercial development boom......»»

"Demand continues to outstrip even increased supply," Eli Lilly's CFO said of.....»»

The 3.9 million-square-foot development was recognized by the Tacoma-Pierce County Economic Development Board as one of the most economically impactful projects of 2023......»»

A Buford-based developer is looking to bring more hospitality, food and entertainment options to Hall County......»»

Toll Brothers Inc. reported higher second-quarter sales as demand for homes continued to outstrip supply......»»

Housing starts slid 9.5% in April, terrible news for a housing market millions short of supply. Soaring lumber prices likely hindered construction. A red-hot real-estate market has kickstarted new home construction, but builders face a shortag.....»»

Thanks to an exodus out of Seattle during the Covid-19 pandemic, Tacoma has some of the lowest vacancy rates in the Puget Sound......»»

With TV prices continuing rising, the global TV market and related supply chains will face more pressure in the second half of 2021, according to industry sources......»»

Shortages of key materials left US factories struggling to meet surging consumer demand. A similar problem is now emerging as firms look to hire. Shelves with toilet paper a.....»»

Two of the largest homebuilders in Greater Cincinnati are taking steps to deal with surging demand for new homes......»»

Homes are flying off the market at a record pace thanks to a perfect storm: pandemic-induced demand for more space, low supply, and apps that make it easier to view, bid for and buy houses — al.....»»

Hiring difficulties, ballooning order backlogs, and supply-chain disruptions plagued factories in April as firms rushed to meet skyrocketing demand. View of Nanot.....»»

"Demand for our products continues to be strong, but the supply chain is still facing significant challenges due to th.....»»