Texas, Dallas home builders are being faced with exceptionally high demand as new homes surge at a record rate on local listings. The listings report shows that new homes over a three month period in 2022 jumped to 15,131 in June 2022, compared to 11,124 in April 2022.
This is a staggering increase of thirty five percent new homes in a three month period. The demand began in March 2022, when Dallas custom home builders were caught off guard by the sudden demand for new homes across the county. This is all while still struggling with the impacts of the coronavirus pandemic, which involved material shortages and supply chain issues.
As a result there has been a massive spike in the number of for sale listings of new homes in the past nine months. Home buyers are also looking at a thirty percent increase in mortgage costs, but that has not slowed down the demand for Dallas custom homes in the first quarter of 2023.
Texas remains the leader for new home starts in the county with a business friendly environment, great geographical location and no person income tax. There has been an increase in new home sales in May 2022 and this demand has continued to rise as new homeowners are looking for a custom home to meet their specific needs.
During a recent interview, Mike Blake, the President at Mike Blake Homes, said “Even though new home prices have increased across the state, the demand continues to rise. Despite the challenges we faced last year with our new custom builds, we have been resilient to the market and continue to meet ongoing deadlines for our builds. Our clients are looking for a home that meets their personality, style and needs and we are delighted that we are able to provide this in 2023.”
Mike Blake Homes are leading Dallas custom home builders that provide first class services, on time builds and affordable solutions. Backed by years of experience, the company provides clients with the opportunity of turning their dream home into a reality throughout Dallas. Full details can be found on their information packed website.
About Us :
Mike Blake Homes is a leading custom home builder based in Texas. This well-established home builder offers attention to detail and top quality services throughout the area that their customers can rely on and trust. The company has already completed successful projects in Tyler, Sulphur Springs, Keller Rockwall and more. They are a team of professionals who focus on ensuring all customers get the house of their dreams. Mike Blake is a home building expert and featured speaker at building events throughout the country. To find out more, visit https://mikeblakehomes.com.