The city of San Jose just released a report titled "Residential Feasibility Analysis" that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13% over the last 18 … [Read more...] about High Interest Rates Make New Home Construction Less Feasible
new homes
More Townhouses Built Than Condos Or Single-Family
Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single-family houses built. Townhouse construction surpasses both single-family and condo construction. If smaller homes were wanted, … [Read more...] about More Townhouses Built Than Condos Or Single-Family