[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fz27b1hz1tj11":3,"$ffeh0925h8cuz":41,"$f2emv3tus0uf1":45,"$fbwk2pqjjqsc7":49},{"item":4,"previous":29,"next":35},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":9,"isInfographic":13,"categories":14,"isVideo":13,"videoThumbnail":9,"videoSource":9,"publishedAt":27,"updatedAt":28},406,"new-home-sales-surge","New Home Sales Surge","According to the latest \u003Ca href=\"http:\u002F\u002Fwww.census.gov\u002Fconstruction\u002Fnrs\u002Fpdf\u002Fnewressales.pdf\">report\u003C\u002Fa> from the \u003Cem>US Census Bureau\u003C\u002Fem> and the \u003Cem>Department of Housing and Urban Development\u003C\u002Fem>, newly constructed home sales jumped 5.7% month-over-month and 21.6% year-over-year to an annual pace of 552,000.\r\n\r\nMany buyers are looking to the new homes market to make up for the lack of \u003Ca href=\"\u002F2015\u002F09\u002F25\u002Fexisting-home-sales-slow-amongst-tight-inventory-infographic\u002F\">existing home sales\u003C\u002Fa> inventory. National Association of Home Builders Chief Economist David Crowe explains:\r\n\r\n","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F10\u002F01162038\u002FNew-Home-Sales.jpg","According to the latest \u003Ca href=\"http:\u002F\u002Fwww.census.gov\u002Fconstruction\u002Fnrs\u002Fpdf\u002Fnewressales.pdf\">report\u003C\u002Fa> from the \u003Cem>US Census Bureau\u003C\u002Fem> and the \u003Cem>Department of Housing and Urban Development\u003C\u002Fem>, newly constructed home sales jumped 5.7% month-over-month and 21.6% year-over-year to an annual pace of 552,000.\r\n\r\nMany buyers are looking to the new homes market to make up for the lack of \u003Ca href=\"\u002F2015\u002F09\u002F25\u002Fexisting-home-sales-slow-amongst-tight-inventory-infographic\u002F\">existing home sales\u003C\u002Fa> inventory. National Association of Home Builders Chief Economist David Crowe explains:\r\n\r\n\u003C!--more-->\r\n\u003Cblockquote>\u003Cem>\"Today's report indicates the release of pent-up housing demand as the overall economy strengthens, consumer confidence grows and mortgage interest rates remain low. The housing market should continue to move forward at a modest but more persistent pace throughout the rest of 2015.\"\u003C\u002Fem>\u003C\u002Fblockquote>\r\nRegionally, the Northeast led the way with a 24.1% increase in new home sales, followed by the South (7.4%) and West (5.4%). Sales in the Midwest declined by 9.1%.\r\n\r\nThe inventory of new homes for sale currently sits at a 4.7-month supply down slightly from July (4.9) and significantly from August 2014 (5.4).\r\n\r\nBuyers who purchased a new home were willing to spend more to get the amenities that they wanted. The median home price for new homes was $64,000 higher than \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fnews-releases\u002F2015\u002F09\u002Fexisting-home-sales-stall-in-august-prices-moderate\">existing homes\u003C\u002Fa> in August at $292,700!\r\n\r\nApproved applications for building permits increased 3.5% over July and 12.5% over this time last year. Permit applications are seen as a strong indicator of builder confidence in the market.\r\n\u003Ch3>Bottom Line\u003C\u002Fh3>\r\nBuyer demand continues to outpace inventory of homes for sale. If you are thinking of selling your house this year, now may be the time to list before builders have a chance to replenish the supply of new homes.\r\n\r\n\u003Cem>Want to know more about New Home Sales? Check out this \u003Ca href=\"\u002F2015\u002F10\u002F09\u002Fnew-home-sales-surge-by-5-7-infographic\u002F\">infographic\u003C\u002Fa>!\u003C\u002Fem>",false,[15,19,23],{"id":16,"name":17,"slug":18},5,"For Buyers","buyers",{"id":20,"name":21,"slug":22},6,"For Sellers","sellers",{"id":24,"name":25,"slug":26},45,"New Construction","new-construction","2015-10-13T10:00:21Z","2015-10-13T00:31:55Z",{"id":30,"slug":31,"title":32,"featuredImage":33,"publishedAt":34,"contentType":10,"isVideo":13},405,"4-reasons-to-buy-before-winter-hits","4 Reasons to Buy BEFORE Winter Hits","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F10\u002F01162039\u002FWinter-Lantern.jpg","2015-10-12T10:00:27Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":13},407,"are-millennials-finally-entering-the-market","Are Millennials Finally Entering the Market?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002F01162055\u002FAre-Millenials.jpg","2015-10-14T10:00:00Z",{"cover":42,"open":43,"shareSpread":44},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":46,"open":47,"shareSpread":48},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[50,54,55,56,60,64,68,72,76,80,84,88,92,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157],{"id":51,"name":52,"slug":53},1,"Uncategorized","uncategorized",{"id":16,"name":17,"slug":18},{"id":20,"name":21,"slug":22},{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":69,"name":70,"slug":71},11,"First-Time Buyers","first-time-buyers",{"id":73,"name":74,"slug":75},34,"Senior Market","senior-market",{"id":77,"name":78,"slug":79},35,"Mortgage Rates","mortgage-rates",{"id":81,"name":82,"slug":83},38,"Move-Up","move-up",{"id":85,"name":86,"slug":87},41,"For Sale by Owner","for-sale-by-owner",{"id":89,"name":90,"slug":91},42,"Featured","featured",{"id":24,"name":25,"slug":26},{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":98,"name":99,"slug":100},53,"Rent vs. Buy","rent-vs-buy",{"id":102,"name":103,"slug":104},80,"Time-sensitive","time-sensitive",{"id":106,"name":107,"slug":108},81,"Outdated","outdated",{"id":110,"name":111,"slug":112},147,"Internal","internal",{"id":114,"name":115,"slug":116},148,"Do Not Autopost","do-not-autopost",{"id":118,"name":119,"slug":120},320,"Inventory","inventory",{"id":122,"name":123,"slug":124},321,"Agent Value","agent-value",{"id":126,"name":127,"slug":128},322,"Affordability","affordability",{"id":130,"name":131,"slug":132},323,"Buying Tips","buying-tips",{"id":134,"name":135,"slug":136},324,"Downsize","downsize",{"id":138,"name":139,"slug":140},325,"Economy","economy",{"id":142,"name":143,"slug":144},326,"Equity","equity",{"id":146,"name":147,"slug":148},327,"Forecasts","forecasts",{"id":150,"name":151,"slug":152},328,"Selling Tips","selling-tips",{"id":154,"name":155,"slug":156},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":158,"name":159,"slug":160},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]