04/30/2026
Housing starts jumped 10.8% from February to March, coming in well above expectations. But at the same time, building permits fell by 10.8%, which is important because permits signal future construction. Fewer permits today means fewer homes coming to the market later.
We’re still in a housing shortage because, for more than a decade, builders have only built what they could sell immediately. And honestly, it makes sense — they’re businesses, and they build where the profit is. But until more homes are built faster, we won’t have enough supply to create a balanced market with enough homes for the number of buyers.
This ongoing shortage is exactly why we’ve seen such strong seller markets. When rates eventually drop and buyers rush back in, limited inventory will push prices, costs, and home values up quickly.
You want to already be a homeowner when that happens.
If values surge because of lower rates, you benefit in two ways:
- Your home value rises as competition heats up.
- You may be able to refinance into a lower rate later — and possibly remove PMI, saving even more.
Now is the time to explore your options and build a strategy that positions you ahead of the next wave of demand.
Contact me today and let’s map out the best plan for you.
Equal Housing Opportunity
NMLS #271638, 3029
