Currently Reading

Work From Home and Private Showings Are Most Common Responses to Market Conditions


Work From Home and Private Showings Are Most Common Responses to Market Conditions

April 20, 2020
construction worker using drill on timber framing members
By highwaystarz

The coronavirus may be disrupting American life in a way the country has not seen in recent memory, but the latest NAHB survey highlights builders' resiliency in the face of adversity. A majority of businesses are allowing employees to work from home when possible, according to the survey. Another popular response to the growing challenges surrounding the coronavirus is to conduct private showings, with 59 percent of builders planning to use or are already employing this strategy. And though the situation may change as the national economic slowdown deepens, only 15 percent of builders have already laid off or furloughed employees, ranking near the bottom of current strategies.

In a recent NAHB survey, the vast majority of builders said they were allowing non-construction employees to work from home, but they were also implementing several measures to allow them to continue selling homes during the coronavirus pandemic.   The most common of these is private showings of model homes, but online and drive-through closings are also being offered.

This information was collected through a question added to the survey for the April 2020 NAHB/Wells Fargo Housing Market Index (HMI).   The question listed eight possible measures and asked the single-family builders in the HMI panel if they were currently doing each, or planned to do it in the near future, in response to the coronavirus.  At the top of the list, 84 percent of builders were allowing non-construction employees to work from home or planning to do so in the near future.  According to a study published by NAHB last year, the average single-family builder has between 5 and 6 non-construction employees.

Read More

Related Stories

Market Data + Trends

More Buyers than Average are Purchasing Suburban Properties

The shift from urban centers to less dense areas continued on through October, according to the National Association of Realtors (NAR). For those…

Market Data + Trends

Is Urban Flight to the Burbs Golden?

The future of urban and suburban housing post-COVID-19


Local Data Lists Jobsites as Top Spot for COVID-19 Outbreaks

Construction jobsites have appeared to be much safer against COVID-19, but a multitude of reports and data are saying otherwise. Construction Dive…


More in Category


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.