How 2023's Housing Market Conditions Are Affecting the 2024 Market
Last year ended on an optimistic note, but persistent headwinds still exist to keep 2024 from getting the housing market back to pre-pandemic levels
Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers
Data from the Mortgage Bankers Association show slight signs of optimism in national housing market
Housing Affordability Becomes Debate Topic in 2024 Presidential Election
Presidential candidates are tackling affordability issues as home price-to-income ratio reaches record high
Mortgage Rate Declines Could Boost Home Sales Following Months of Low Activity
Encouraging economic news bumped mortgage applications up by 2.6% for the week ending May 3
Gen Z Feels Weight of US Debt Burden While Trying to Enter Housing Market
Current US debt has surpassed levels reached in the aftermath of World War II, with Gen Z bearing the brunt
Residential Building Wages Rise Again in March
Wage growth for residential building workers continued during March, but at a slower pace than during the previous month
Market Update: September 2013
Local HBAs tackle labor shortage; Architects see more amenities and size; CPWR snapshot of construction industry profiles an older workforce; Detroit joins the company of Turnaround Towns
Woodside raises $220 million in new funding
Woodside Homes took its “act private, look public” mantra to the next level by closing a bond offering that netted more capital for the Salt Lake City, Utah-based company than did recent IPOs for some home builders.
Builder confidence unchanged in September
Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the Housing Market Index.
NAHB: Shortage of lots slows housing recovery
A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to a recent survey by the National Association of Home Builders.
Higher mortgage rates prompt pause in new-home sales in July
Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity.
Housing Policy Update: July 2013
The National Association of Home Builders says it's time to rethink the rate of return on energy efficiency.
Big Gainers
Double-digit revenue growth for these home builders during the recovery started with pre-planning, re-examination, and retrenching during the recession.
New solar shingles said to have 10-to-12-year payback
Installation of these solar shingles would cost the homeowner an additional $10,000, though the price of the products is expected to fall.
Industry groups urge Congress, Obama to reject caps on construction workers in immigration legislation
The unemployment rate in the construction sector in May was the lowest it has been in five years, which could signal a coming worker shortage, according to the Associated General Contractors of America.