Why New Construction is Booming Again—But This Time, It’s Different

by Michael Borgen

Hey there, we're Lauren McClelland and Michael Borgen, local real estate agents here on the Treasure Coast. Lately, there's been a lot of buzz about the rise in new construction homes—some reports even say we're seeing building activity like we haven't seen since before the 2010s. If that comparison has you feeling a little uneasy, you're definitely not alone.

Let’s take a closer look at what’s really going on and why this time, things are looking a whole lot different.

If you've been eyeing homes for sale in Port St. Lucie, FL, you've probably noticed a huge surge in new construction. It's true—builders are ramping up production, and it’s easy to wonder if this is history repeating itself. But unlike the 2008 housing crash, today’s construction boom is rooted in a very different foundation.

Back in the early 2000s, builders were overproducing homes without enough actual demand. Fast forward to 2025, and we’re experiencing the opposite: a decade-long shortage of housing inventory is finally being addressed. Builders are now responding to real demand, not speculation.

Why Builders Are Ramping Up in Port St. Lucie

Port St. Lucie is one of the fastest-growing cities in Florida. With its affordability, new schools, and master-planned communities like Tradition, it’s no surprise that both national and local builders are expanding their footprints here. From gated 55+ communities to family-focused neighborhoods with resort-style amenities, there's something for everyone.

Plus, many builders are offering incredible incentives right now—think interest rate buydowns, closing cost assistance, and design center credits. That’s especially helpful for first-time buyers or those relocating from higher-priced markets.

A Decade of Catching Up

Following the 2008 housing crash, homebuilders took a cautious approach—and rightfully so. But in the years that followed, many never fully returned to pre-crash building levels. As a result, we’ve seen more than a decade of underbuilding compared to the pace of population growth and buyer demand.

Today’s increase in new construction is less about excess and more about necessity. We’re not looking at an oversupply—we’re seeing long-overdue progress.

In fact, Odeta Kushi, Deputy Chief Economist at First American, put it best:

“This means more homes on the market and more options for home buyers, which is good news for a housing market that has been underbuilt for over a decade.”

This is especially true in areas like Port St. Lucie and the broader Treasure Coast, where demand for new homes continues to grow thanks to affordability, relocation trends, and lifestyle appeal.

What It Means for Buyers and Sellers

If you're a buyer, more new construction means more choices—plus the chance to enjoy brand-new finishes, warranties, and energy savings. If you're a seller, it's important to understand how nearby new builds may influence your home's value and marketability.

In our area, this new construction wave isn’t a red flag—it’s a healthy response to real need. Whether you’re buying or selling, staying informed is key.

Should You Wait or Buy Now?

With interest rates stabilizing and inventory still limited in resale homes, new construction is often the most accessible—and sometimes most affordable—path to homeownership in Florida.

Even better? Builders are more flexible now than they were even six months ago. Working with a Realtor who specializes in new construction (like us!) means you’ll get guidance on which builders are offering the best incentives, which floorplans fit your needs, and how to negotiate upgrades.

Tips for Getting the Best Deal on a New Build

Don’t Walk into a Model Home Alone: Bring a real estate agent to ensure you’re represented (and to help you access incentives).
Ask About Quick-Move-In Homes: These are often discounted and may include extra upgrades.
Compare Communities: Not all builders offer the same quality or incentives—make sure you’re shopping smart.
Be Pre-Approved: Many builders prefer buyers who have financing ready to go.

Final Thoughts

New construction homes in Port St. Lucie are here to stay—and they might just be your best move in 2025. Whether you’re relocating to Florida or moving up from your current home, this could be the perfect time to secure a property that fits your lifestyle and budget.

Have questions about what’s being built and where? We specialize in new construction across Tradition, Verano, Riverland, and beyond. Let’s find your dream home together. You can reach us at 772-877-7722!