Home Builders Still Hesitant on Condo and Starter Home Market

New Construction of High End Homes in Dallas SuburbFocus Mainly on Building Higher End Homes

Even with new construction picking up new home builders haven’t returned to constructing homes at a balanced variety of purchase points. They’re focusing on the higher end of the market with larger custom homes, since many entry level home buyers still face economic and credit challenges.

But according to real estate economists, builders may not be making the smartest bet. The new condo market in particular is being under-served, and the demand for entry level housing is increasing.

Read the full real estate market article here.

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