A new analysis from the National Association of Home Builders (NAHB) reported that the national median lot value declined in 2025. As the first barrier to building spec homes, the estimated 4% decrease is a positive trend for builders. While this data varies based on region, the Northeast and West reported record highs and a trend towards smaller lots. Builder concerns over lot shortages decreased since 2021, when it hit an all-time low. “According to the May 2025 NAHB/Wells Fargo Housing Market Index (HMI) survey, 64% of builders rated the…
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