Moisture-related flooring problems continue to be a long-standing issue for home builders. The National Wood Flooring Association has some solutions for NAHB members.
Shortages of buildable lots and skilled labor, excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008, according to the NAHB/Wells Fargo Housing Opportunity Index. released this morning.
Housing starts returned to trend in January, dropping 2.6% to a seasonally adjusted annual rate of 1.246 million units, according to newly released data from HUD and the Census Bureau.
All hail the happy home owner: the No. 1 referral source for home builders and remodelers. Companies that forget to keep that top of mind are companies that are in for a bumpy ride, as explained during an education session at the 2017 International Builders’ Show.
Although employment and home price levels have returned to or exceeded normal, home construction during the fourth quarter of 2016 remained tepid in many markets due to regulatory and supply-side constraints.
In celebration of NAHB’s 75th Anniversary, we are crossing the country and connecting with families who live in the homes our members build. Throughout the year, we’ll be sharing their stories and encouraging consumers to find out how they can start building their own American Dream.
Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2016 with a reading of 67, up eight points from the previous quarter, according to the NAHB 55+ Housing Market Index, released today. This is the highest reading since the inception of the index in 2008.