June 2023 KPG Builder Newsletter

Greetings and welcome to our monthly Builder & Developer Newsletter!

Our goal here at KPG is to continue providing real-time data for our Builders & Developers in an ongoing effort to help you navigate the current market! Acting as “leverage” for our builder clients by providing them with the tools to make pricing, size & selection decisions along with market strategies to get product moved quickly has always been our strong suit.

You may have heard we have a 170% increase in inventory from this same time last year. We are indeed in a shifting market; (in case you didn’t notice it started back in May of 2022) and we’re experiencing another slide right now with over 8 months of inventory in the new home luxury market.

It's urgent that we continue digging into the data. That’s what we do.

AND...we need lots for 2024!

Call us for a free consultation on how to achieve the highest & best returns on your projects!

We want to be your Real Estate Economists of choice and we look forward to speaking with you!

Tim Kyne
kyne property group

Labor Conditions Are Improving, But Still Impacting Project Costs and Timelines

BUILDER

Over 300,000 affordable homes are needed in the U.S. for middle-income buyers

After analyzing data from both real estate resources, the organizations found... See More »

Advocating for Members and the Industry: Jim Tobin Named NAHB’s New CEO

BUILDER

Lot shortages ease but remain a challenge for builders

While obtaining lots remains a challenge for many builders, lot shortages have.... See More »

Mortgage Applications Increase as Rates Soften

BUILDER

The hottest markets for home building, and the top builders in each

Here's our annual list of the country’s 50 largest new-home markets... See More »

Featured Development Opportunity

0 Pee Dee Br Rd Lot 2-9, Cottontown, TN 37048

Amazing development opportunity! 8 total tracts of land located within 3 miles of the new Liberty Creek High School. Each tract averaging over 5 acres of privacy for a single family luxury build or 1 amazing Private Estate! Create a one of a kind community. This is perfect for a Luxury Subdivision. Just miles from the new $2B Nexus Development by Kolter Land Development! Soil tests, Surveys, Water estimate & some site work plans available upon request. Please check out the drone footage below to learn more.

Drone Video

4101 Charlotte Ave. Unit D160,
Nashville, TN 37209
(615) 425 3600

June 2023 KPG Builder Newsletter

Over 300,000 affordable homes are needed in the U.S. for middle-income buyers

Lot shortages ease but remain a challenge for builders

The hottest markets for home building, and the top builders in each

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