The housing market in the United States has been experiencing a surge in new construction, with hot spots primarily in the South and West regions. This growth in new construction can be attributed to a shortage of existing homes and soaring prices, leading buyers to opt for new builds that offer modern amenities, energy efficiency, and customizable features.

Realtor.com is hosting Days of Deals from Sept. 18 to Oct. 6, allowing buyers to access builder promotions and incentives in one place. The housing market still faces a shortfall of 7 million homes, with low mortgage rates potentially dropping further due to the Federal Reserve’s recent interest rate cut. As current homeowners remain anchored to historically low mortgage rates, new construction continues to play a critical role in addressing the housing crunch across the nation.

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