The Eastern US housing market is undergoing dramatic changes.
A shortage of housing inventory, especially affordable single family dwellings, continues to constrain many real estate markets on the east coast. New home construction volume has risen, but is still a fraction of the pre-market crisis. Interest rates are also trending higher, thus making homes more expensive for both new build and renovation. In addition, the building process is more complicated than buying ready-made. With today’s fragmented process with land developers, architects, builders, lenders and realtors, it is no wonder that the market is not moving as fast as we’d like.
NAIBRS provides advocacy to both professionals and consumers. Our activities are designed to help connect realtors with builders and to shorten the transaction time by a streamlined process. Since we already have thousands of members, we are able to generate economies of scale and savings that can ultimately help consumers. Our vision is help communities build up and enhance their housing stock. We can all do well, by doing good.