"President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes."
"Realtor.com's analysis gave Wisconsin a total score of 58.52, placing it near the middle of the national rankings. The state's median listing price was $381,282 in 2024, supported by a median household income of $74,195. The Realtors Affordability Score came in at 0.67, suggesting that many listings remain attainable for middle-income buyers, though affordability has begun to erode in urban markets."
Wisconsin received a C+ with a total score of 58.52, reflecting moderate affordability alongside sluggish homebuilding. The state's 2024 median listing price was $381,282 with a median household income of $74,195, producing a Realtors Affordability Score of 0.67 and indicating many listings remain within reach for middle-income buyers. New construction lagged, accounting for 1.6% of U.S. housing permits despite 1.8% of the national population, yielding a permit-to-population ratio of 0.61 below the national average. The new construction premium measured 39.9%. Political pressure has mounted on builders to accelerate starts amid concerns about lots being held off market.
Read at SFGATE
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