August 7th, 2017 11:47 PM by Lori Speight
Builders are slowly switching focus from the $500,000-plus luxury market to more moderate price points, particularly when it comes to single-family move-up homes. And the shift is influencing the types of materials and upgrades becoming popular in new homes, according to Home Innovation’s 2017 Builder Practices Survey. It turns out that high-end materials aren't limited to construction of luxury real estate.
Source: “New Survey Predicts Market Shifts,” BUILDER (Aug. 4, 2017)