New Homes Sales Increase in 2011

There is good news on the horizons for new home buyers. As 2010 drew to a close, the number of new homes sales increased. As the job market increases and the economy recovers, new homes sales continue to rise in 2011.

In December, the number of single family homes sales increased 17.5 percent.  The West Coast saw the most new homes sales increased at 71.9 percent. The Midwest also saw a gain of 3.2 percent and the South saw an increase of 1.8 percent. The only area that did not see a new homes sales increase in December was the North East, where sales fell 5 percent at the close of the year.

The National Association of Home Builders (NAHB) said, “After six very tough months, the housing market ended the year on an upbeat, with signs of stabilization beginning to take hold in many markets.”

Main Street Homes in Richmond, VA, a top locally owned new homes builder in the area, has also seen a new homes sales increase. At the end of 2010, Main Street Homes’ sales were up 40 percent from 2009. With award-winning floor plans and excellent customer service, sales are continuing to increase through the New Year for Richmond’s 2009 builder of the year.

Main Street Homes offers new home buyers several ways to find the new home of their dreams. New home buyers have the chance to personalize their dream home in one of the area’s premiere neighborhoods with the help of Main Street Homes’ Design Studio. New home buyers also have the chance to buy land for home sites in some neighborhoods and build their home later. If new home buyers do not want to wait for their home to be built, there are also quick delivery homes available on the market now. Main Street Homes is dedicated to building new homes with quality, style and value, something every new home buyer is interested in finding.

Home remodelers across the US are also seeing positive signs of growth in the housing market. Many home buyers are willing to go for more large scale remodeling projects. “Remodelers are starting to see an uptick in interest from consumers who are considering future remodeling projects,” said Bob Peterson, NAHB Remodeler Chairman. The New Year is off to a positive start for those in the new homes market and remodeling industry.

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1 Response to New Homes Sales Increase in 2011

  1. This is certainly great news! Let’s hope the upward trend continues into the spring market and builders like Main Street homes can continue offering buyers a quality homebuying experience.

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