top of page
Search
  • Metro East REIA

Regulatory Costs Add $93k to New Home Prices

Just when you thought lumber prices were jacking up home prices, along comes a new study from the NAHB that says government regulations (imposed by all levels of gov’t) account for $93,870, or 23.8% of the current average sales price of a new single-family home (currently ($397,300). The NAHB says that of this $93,870 figure, just over $41k is attributable to regulation during development, and nearly $53k is due to regulation during actual construction. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The U.S. Government is reporting that sales of new single-family houses in August, 2023 were at a seasonally adjusted annual rate of 675k, which is 8.7% lower than July’s revised rate and is 5.8% high

Attitude can make or break you. We all have times in our lives where it is tempting to doubt ourselves and our abilities. Many of us also fall into the trap of externalizing control. It may be temptin

According to the latest U.S. Home Flipping Report from ATTOM, 84,350 single-family houses and condominiums were flipped in Q2, 2023 representing 8% of all home sales in the first quarter. Interesting

bottom of page