Zillow转发了
?? From Bust to Boom: Where New Home Construction Helped Fuel The Pandemic Recovery ?? The pandemic reshaped the real estate landscape in unexpected ways. ?? In 2021, new single-family #construction surpassed the 1-million-unit mark—the first time since 2007 — a remarkable feat following an economic downturn that saw tens of millions facing #unemployment and?#mortgage delinquency. ?? Despite mortgage rates doubling, markets with fewer land-use restrictions maintained robust building activity, emerging as pockets of relative affordability in a challenging environment. ?? Meanwhile, regions with the most restrictive regulatory climates—such as Los Angeles, San Diego, San Jose, Sacramento, and Riverside—now have the smallest share of affordable listings on Zillow. Find out which markets saw the highest increase in single-family construction during the pandemic: https://lnkd.in/grSXeK4G