Story: Census Bureau Releases 2018 Housing Data

From Builder Magazine and the U.S. Census Bureau on July 11, 2019:

The U.S. Census Bureau recently released the 2018 Characteristics of New Housing Report, which shows that the median size of a completed single-family house was 2,386 square feet. The median size of multifamily units built for rent was 1,081 square feet, while the median of those built for sale was 1,414 square feet. The median sales price of new single-family homes sold in 2018 was $326,400, while the average sales price was $385,000. The median size of a new single-family home sold in 2018 was 2,435 square feet. Finally, 119,000 contractor-built single-family homes were started in 2018. The median contract price was $281,200.

Image courtesy of David Greene and BiggerPockets.com

Image courtesy of David Greene and BiggerPockets.com

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Nico Hohman

Nico Hohman is the broker/owner of Hohman Homes, a residential real estate brokerage based in Tampa, Fla. Nico is also a contributing author to Realtor Magazine and Inman News, the innovative news source for the real estate industry. Nico has contributed his time and talents to better the standards of the real estate industry and the local community by leading and serving on committees at Greater Tampa Realtors, Emerge Tampa Bay, the University of Florida School of Construction Management Alumni Council, Toastmasters International, Nativity Catholic School, and Johns Hopkins All Children's Hospital Guild. Plus, every fall, Coach Hohman is the Head Golf Coach at Jesuit High School of Tampa.

 

Since he began practicing full time in the residential real estate in the fall of 2014, Nico has been involved in the transaction and management of over 100 properties with a total value of nearly $20,000,000.

 

With a degree in Construction Management from the University of Florida and past experience in the home building and remodeling industries, Nico focuses on helping homebuyers find and purchase new construction homes. He also helps home sellers looking to sell their properties that also require significant renovation.