Richmond Homebuilder Report 2010 vs 2009
Below is the most recent Richmond Homebuilder Report which tracks the Richmond, VA area’s top 10 builders. These stats are accurate as of Nov. 2010. New Stats will be posted as they are published. Obviously, some area new home builders are doing pretty well while others have had to scale back their production. Most of the builders that are increasing production of new homes have been able to acquire or had lots that were priced lower. Across the board, lot value, proffers and location seem to be the main drivers in communities that are still selling well. At Snipes Properties, because we are also a New Home Builder and Developer, we have specially trained Real Estate Agents that help buyers with the New Home Buying process. Here are the stats:
COMPARISON OF 2009 SALES VS. 2010 SALES TO DATE
2010 vs. 2009
BUILDER
Boone Homes, Inc. -5
Centex Homes -80
Eagle Construction 59
Finer Homes -17
HHHunt Homes -15
LifeStyle Builders -15
Mainstreet Homes 15
Orleans -28
Ryan Homes 34
StyleCraft Homes 40
TOTAL -12 %
Increase (Decrease) -1.05%
Logan Tinder from C&F Mortgage sent this over today..
"Permits for housing construction soared in December, while initial construction of homes declined, the government reported Wednesday. "Last month didn't look so hot for construction, but the future looks a lot better," said Mike Larson, a housing industry analyst for Weiss Research. The number of permits for future housing construction surged to a seasonally adjusted annual rate of 635,000 last month, up 16.7% from the revised rate of 544,000 in November, the Commerce Department said. That was the biggest monthly rise since June 2008 and leaves the total number of permits at the highest level since last March, said Larson."