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The only people building new right now are NOT middle case. These are wealthy high income earners that don’t care.
If “windows are 100% more expensive” that cost is simply pushed onto the in end user. The buyer. I’d rather sit in place, pay down my current mortgage, or worse case rent for another year and wait it out.
You are correct Jaron. A number of factors have priced most people out of the market, particularly in terms of new construction, which usually runs 20-25% higher in cost than existing homes. I sincerely hope more homes come to market to even out the imbalance that exists.
Build High-rises!!! Stop watching and waiting and losing new people to other places not half as good as indianapolis that want to have a skyline and live up high!!!!! I know plenty that won’t move there for that reason!