To Catch Up To Buyers’ Needs, Housing Market Pushes Outside City Limits

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OZARK, Mo. — If you are looking to buy or build a house, or maybe you’re considering upgrading your home,  there’s a unique opportunity to see some brand new houses and meet with builders this weekend. 

The Home Builders Association of Greater Springfield is having what is called a parade of homes across the area, where people get to tour houses up for sale. 

This year they have fewer houses than in the past and organizers say it’s because right now it’s a seller’s market. 

“Houses are selling so quickly,” said Charlyce Ruth, the CEO of the Home Builders Association, says there are more people looking to buy than there are houses to sell. 

“There’s been bidding wars,” she said. “I talk to people and they say ‘my house was the market for three days and it sold’.” 

The trends today are larger tiles, gray and whites, but the most popular is probably an open-floor concept. 

“People are wanting that feeling of community, where they can be in the kitchen, they can have people in the living room and they are not separated by walls,” Ruth said. 

But John Marion,  owner of Custom Homes says that layout can present some challenges for builders to ensure the foundation and the ceiling are safe. 

“We don’t have the interior walls to brace everything off of, so there’s a lot of planning and engineering that goes behind it,” he said. 

He says business is good sellers, builders and developers now, since the market has seen a change in the past couple years. 

“When the economy crashed, the market really slowed down, so developers weren’t really buying land and they weren’t developing. Now that things are busy, that development market hasn’t caught up so there’s not a lot of parcels or lots to build on in subdivisions.” 

For that reason, developers are pushing outside of city limits. 

“They are going where the land is and where there is availability to build the houses,” Ruth said. 

She says as new subdivisions go online, lots are developed and utilities installed, the housing market is slowly catching up to buyers’ needs. 

“You just have to be a little patient,” she said. 

The Parade of Homes is going on this Saturday and Sunday. 

For a location of the homes, click here. 
 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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