Could you save money building a home yourself instead of trying to buy one? With mortgage rates bouncing around even as they slowly decline, it’s an intriguing proposition. According to data from Realtor.com, the housing supply gap totaled 3.8 million in 2024, even though new-home construction is exceeding household formations for the first time since 2016. At their present ratio, with the backlog of households in want of homes, supply will take 7.5 years to satisfy demand.
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