Home Builders Ramp Up Construction Based on Demand

If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition and bidding wars.

If you’re having a hard time finding a home to buy, it may be time to talk to your trusted real estate advisor about a newly built home. Early indicators show new-home construction is beginning to ramp up. While new homes alone won’t be able to fix all of the inventory challenges, this does mean you’ll soon have more options as you search for a home. As a buyer, a newly built home may be exactly what you’re looking for – it’s brand new, and with builder customization options, it’s uniquely yours from the ground up.

Here’s what industry experts are saying about new homes coming to market:

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), says recent research could indicate upward momentum when it comes to new home construction. Evangelou refers to the volume of new homes where construction began during a set period, known in the industry as housing starts.

According to that research, housing starts reached their highest level since 2006 in March of this year – an encouraging sign for the industry. While they dipped slightly in April, Evangelou reiterates that the level of housing construction is heading in a positive direction compared to recent years:

“…we are currently building 24% more homes than we typically have built in April in the last couple of decades. Thus, housing construction is trending upward with housing starts likely to reach 1.6 million for all of 2021 and rise further to 1.7 million in 2022.”

As new data pours in, it further confirms this trend. According to the latest Monthly New Residential Construction report from the U.S. Census Bureau, housing starts increased even more in May, which continues the ongoing upward trend (see graph below) and indicates that ground is being broken on even more new homes.Home Builders Ramp Up Construction Based on Demand | MyKCMRobert Dietz, Chief Economist and Senior Vice President of Economics and Housing Policy for the National Association of Home Builders (NAHB), singles out another encouraging sign:

“It is also worth noting that the number of single-family homes permitted but not started construction continued to increase in May, rising to 142,000 units.”

This insight that there’s also an uptick in single-family homes permitted serves as an additional sign that more new homes lie ahead. It’s important to realize that the construction doesn’t have to start on these homes before you may be able to purchase one. According to the Monthly New Residential Sales report from the U.S. Census Bureau, many new homes are selling before construction even begins (see graph below):Home Builders Ramp Up Construction Based on Demand | MyKCMThese signs are all good news for housing inventory. And as the recent challenges of rising lumber prices and dwindling lumber supply begin to improve, builders will be able to increase their production even more in the months ahead.

Bottom Line

While the inventory challenges we’re facing today won’t be solved overnight, the increase in new-home construction means your house may have more competition in the market. Let’s connect to talk about finding your dream home and our newly built homes available in your area.

*Source: Keeping Current Matters, Inc.

Do It Together: 5 Home Projects for You and Your Household Helpers

Spruce up your space & keep your kids from climbing the walls – double win!

Here are five DIY projects to improve your home and give your kids a  productive outlet for their energy.

  • Build raised garden beds
    • A garden not only gives you the benefit of fresh herbs, vegetables or flowers, it’s also a natural outdoor classroom for your kids — helping them learn measurements, basic botany facts and giving them a boost to their mental and physical well-being.
  • Give your mailbox a makeover
    • Brighten up your humdrum mailbox and give your heroic postal worker something to smile about when they deliver your mail.
  • Construct a birdhouse
    • Though birds aren’t required to shelter in place, it’s nice for them to have a safe spot to land in your backyard — and exciting for the whole family to watch as they come and go.
  • Stencil paint your tile floor
    • Want to give your tile floor a new look but don’t want to invest the money, time or intensive labor it takes to rip up and lay down a new one? While this project requires patience and attention to detail, your children can pitch in and help out to make it go a little faster.
  • Restyle your bathroom drawer pulls
    • You’d be surprised at how much of a design impact changing the drawer pulls on a bathroom vanity can have. This inexpensive DIY project is quick to complete and perfect for little hands who can help you hold the hardware while you handle the screwdriver.


*Source: https://www.zillow.com/resources/stay-informed/2020/05/29/5-diy-projects-with-kids/

Thinking about Building a New Home? Your Agent Is Critical.

Some Highlights

  • A real estate professional is an expert who can advocate on your behalf throughout the process when building a home.
  • Agents help you understand key steps, like choosing upgrades and managing negotiations, while staying within your budget from start to finish.
  • Don’t forget we offer a TWO-YEAR builder warranty on all of our homes!

If building is the right option for you, contact one of our agents at Home Team Iowa TODAY!

Newest development in Madrid!

Tiger Run, Madrid

Greenland Homes is building in Madrid! You will be able to choose one- and two-story homes in Tiger Run. With record low interest rates and Madrid’s tax abatement, this offers you affordable options! Tiger Run will feature our popular Hoover, Grant, Filmore plans and along with many more!

Call Blake Shaffer to schedule a tour! 515-298-9287

2020 Charity Home Contractor Spotlight: Stensland Sod Inc

Thank you, Stensland Sod Inc!

Stensland Sod Inc is donating sod installation and landscaping for our 2020 Charity Home. We are so thankful for businesses in our community stepping in to make sure our charity home raises maximum dollars for such important causes that support our community. We will be donating the greater share of the sale profit to Children’s Cancer Connection and the remainder to CASA and the Animal Rescue League.

“We’ve installed the sod in each and every Children’s Cancer Connection home that Greenland has donated, and we are so happy to continue this partnership and help Greenland to give back to such a great cause!”

Read more about the 2020 Charity Home here.

Children’s Cancer Connection

Children’s Cancer Connection is a nonprofit organization based in Des Moines, Iowa and was founded in 1988 to connect families facing childhood cancer across the state of Iowa. They strive to connect pediatric cancer patients and their families, regardless of treatment outcome or years off treatment. They support the entire family through the entire journey by providing programs at next-to-no cost, including hospital- and clinic-based programs, camps and retreats, support services and outings, as well as scholarship opportunities.

Agent Spotlight: Danny West

Get to know Danny West in our “5 in 5” blog post where we sit down with our agents and get to know them in 5 minutes with 5 questions …

5 in 5 with Danny West, Re/Max Concepts

1. While searching for homes, which Greenland Homes communities will home buyers find you in?

A. You’ll find me in Altoona, currently representing Country Cove Park, WillowBrook Estates, and Meadow Vista South.

2. Why did you choose to represent Greenland Homes?

A. I love representing Greenland Homes because they care about their customers. They build a well-known quality home and are responsive and do a great job listening to their client’s needs.

3. We always ask what your favorite feature or floor plan?

A. Under-cab lighting in the Advantage Series Preston floor plan! This feature is one that you don’t realize how much you love it till you have it in your kitchen. Soft light that really helps set a calming mood especially in the evenings. One of the “must have” to go on your home needs list.

4. What else can you tell us about you?

A. I am getting married in 2020 to my fiancée Molly. I have a 12-year-old daughter Lexee that loves sports (volleyball & softball). I like to do game nights with the family, help Lexee in her sports, and cheer on the Packers!

5. If you had to leave us with an inspirational quote, what would it be?

A. “In order to do something you’ve never done…you have to become someone you’ve never been.” Les Brown


“I have used Danny twice in selling two homes in past couple of years and would not hesitate to do it again. His communication skills are excellent telling us what prospects thought, offering advice and in selling the home for great prices. If you’re looking to sell or buy, do yourself a favor and listen to someone who has experienced Danny’s dedication to you. Just make sure you call Danny, then sit back and relax and he will do the rest.

Thanks Buddy, Bob Lohr.”


Thanks for sitting down with us, Danny!

Follow Danny on Facebook or give him a call today: 515-238-2242

Support Local During COVID-19 (And Everyday!)

As our company responds to COVID-19, the health and safety of our employees and customers remains our top priority. We’re running a tight ship over here at the Greenland Homes office and only leaving when we have to.

To make sure our employees are staying safe, we’re staying in and ordering lunch from local businesses. Supporting local is ALWAYS important and but at times like this, it is VITAL. We want to do what we can to help our fellow business owners.

Give a Recommendation, Get Entered to Win $100

For the next two weeks, we’re ordering lunch from local businesses. We’re looking for more ideas! Comment on our post on Facebook and give us a local recommendation! Starting next week, we will be drawing a name EVERY DAY TO WIN A $100 GIFT CARD TO A LOCAL RESTAURANT (Monday – Friday) for the next two weeks (2/23-4/3). You must comment on the Facebook to be entered to win.

And don’t forget to put in your own order! Restaurants and coffee shops are still deliverying excellent service to customers … it just looks a little different now that it’s curb side.

Turn Your Tax Return Into a New Home

Now is the PERFECT time to buy a home and financing is much more affordable than you think … especially when you put your tax return towards it! Did you see Tammy Heckart, Re/Max Concepts and Dave Lewis, HomeServices Lending on the Iowa Live Show? Check it out and you’ll see just how affordable it is …

We’re building in Adel, Altoona, Ankeny, Bondurant, Elkhart, Norwalk, Waukee, Grimes, Granger, and soon in Huxley! We’d love to build your dream home this year!


Community Spotlight: Wolf Creek in Bondurant

Wolf Creek is a great development with a pond and plenty of trees and is in Bondurant where residents can enjoy the small-town feel but have easy access to the Des Moines metro area.

  • Prices starting at $179
  • Enjoy the community clubhouse and pool provided by the association!
  • Close to schools
  • Quick commute to Des Moines

We’re building our most popular floor plans in Wolf Creek and we have a few homes ready for you to tour TODAY. Call Tammy Heckart, Realtor with RE/MAX CONCEPTS at 515-778-8807 to learn more!

View Greenland Homes listings in Wolf Creek. Don’t delay in contacting us! We’re in different stages of building for each home, but for many of the homes RIGHT NOW is the perfect time to pick out paint colors, features, and talk about upgrades.