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Red Sold rider on a For Sale sign with a family in the background.

12/16/2016 | Author: Editorial Staff

News from the National Association of Home Builders (NAHB) continues to be positive for residential construction. Spending on multifamily construction is breaking records, according to the NAHB, and October saw a 2.8% increase in single-family residential construction. In total, private residential construction spending grew to nearly $473 billion in October. Residential construction employment is also trending upward.

Make sure you’re prepared to take advantage of future increases in new home inventory.  If you have a client looking at new construction, use these tips to help protect your commission

Categories: Business tips
Tags: business tips, housing news, new homes

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on Any legal or other information found here, on, or at other sites to which we link, should be verified before it is relied upon.

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