Home Building Drops Almost 25% from Prior Year

Reportedly, national homebuilding has slowed considerably from previous years on account of several economic factors. Not all areas are affected so drastically. Las Vegas, for example, has slowed but considerable business developments in the valley over the next couple of years allows home builders to maintain a modest pace of building.

Some areas of the country have been affected more greatly than others. It is important to contact a real estate agent in your prospective area to see how recent trends have affected the local market.