By: Kaitie Moore Underwood | REALTOR®, Blue Collar Commercial Group


In any housing market, there are compelling reasons to consider new construction homes. Offering lasting benefits and customization options, they have become even more appealing as the housing market continues to evolve.


Despite initial concerns of a recession, the housing construction industry is showing signs of growth. Fannie Mae’s forecast for housing projects a significant rise, with households shifting from urban areas to larger homes in the suburbs and exurbs to accommodate their need for more space. This trend has contributed to the prosperity of the housing market. Despite an economic downturn in the early stages of the pandemic, housing starts increased by approximately 7% in 2020, followed by another 15% surge, reaching the highest production level since 2006. In the years following the Great Recession, the multifamily sector experienced notable strength.


Furthermore, the persistent shortage of existing inventory has fueled the demand for new homes. March witnessed a 9.6% increase in new home sales, which have been steadily trending upward since the fall of 2022. The new housing market appears more optimistic compared to the beginning of the year. The National Association of Home Builders’ sentiment index reached a level of 50 in May for the fifth consecutive month, indicating “neutral” market conditions. Many home builders also expressed a more positive outlook for the remainder of the year.


The intermittent declines in mortgage rates have contributed to homebuilders’ growing optimism. However, there is an anticipation of stricter bank lending standards, which may limit future construction, particularly among smaller and custom builders. Nonetheless, the forecast for new single-family starts remains favorable for the year.


“Housing remains exhibit number one for why we expect the recession to be modest. It continues to outperform our expectations, and we expect that its relative strength will help kickstart the economy into expanding again in 2024,” stated Doug Duncan, Senior Vice President and Chief Economist of Fannie Mae.


In the current low-inventory housing market, finding the ideal home can be a challenge. Considering a newly constructed home expands your options and provides the freedom for customization and low maintenance. To explore what’s available in your neighborhood, it is recommended to work with a local real estate expert who can provide professional advice and guidance. If you need expert advice and personalized assistance, get in touch with Blue Collar Commercial Group. It would be our pleasure to be a resource to you, even if you’re not yet ready to buy. Reach out today: 737-203-4178 or [email protected]

Your Partners in Commercial Real Estate Success

At Blue Collar Commercial Group, we don’t just work in the Texas Hill Country commercial market—we live here. Our deep-rooted understanding of this unique market, combined with our unmatched expertise in commercial real estate, positions us as your ideal partner for navigating the complexities of office space selection.

From identifying your perfect office space to closing the deal with confidence and ease, our team of seasoned commercial real estate professionals is dedicated to guiding you every step of the way.

Ready to make your mark in the Texas Hill Country commercial real estate landscape?

Contact Blue Collar Commercial Group today. Let us empower you with the insights, resources, and personalized support needed to turn your commercial real estate aspirations into reality.

Reach out to us now and embark on your journey toward commercial real estate excellence in Texas Hill Country.

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About the Author: Kaitie Moore Underwood

Kaitie Moore Underwood
Kaitie Moore Underwood's roots in competitive rodeo in Texas intertwined with her academic pursuits at the University of Houston, where she met her husband, Hank. Their move to the Hill Country in 2021 marked the beginning of both their family and Kaitie's successful career in real estate, assisting 18 families in her first year. With a background in the hospitality industry, recognized for her service excellence by the Starwood Hotel Sales Organization, Kaitie has honed her skills in financial analysis, strategy, and marketing. Now, as a pivotal member of the Blue Collar Commercial Group, she continues her professional ascent, consistently exceeding expectations through her dedication to relationships and solutions.

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