Fannie Mae’s Economic & Strategic Research Group has forecast a significant increase in new home construction in 2020 and 2021, predicting that it will reach a post-recession high. After a low 1% increase in single-family housing starts in 2019, they foresee an increase of 10% in 2020 and reaching a million new homes in 2021.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
