Home Building

Most Americans Cite a Housing Affordability Crisis Nationwide and Close to Home

Filed in Economics, Home Building by on December 4, 2018 11 Comments
Most Americans Cite a Housing Affordability Crisis Nationwide and Close to Home

Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to a new nationwide survey conducted on behalf of NAHB.

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New Home Sales Drop in October as Affordability Challenges Persist

Filed in Economics, Home Building by on November 28, 2018 1 Comment
New Home Sales Drop in October as Affordability Challenges Persist

Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Entry-Level Homes Push Down New Home Size

Filed in Economics, Home Building, Housing Trends by on November 27, 2018 3 Comments
Entry-Level Homes Push Down New Home Size

The size of new single-family homes once again decreased during the third quarter of 2018. New home size has been falling over the last three years as builders add more entry-level home construction into inventory.

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Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues

Filed in Economics, Home Building, Multifamily by on November 20, 2018 2 Comments
Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues

Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, total housing starts rose 1.5 percent in October to a seasonally adjusted annual rate of 1.23 million units from an upwardly revised September reading.

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Home Builders Give Communities a Hand Up  

Home Builders Give Communities a Hand Up  

Custom home builder Tom Gipson from Raleigh, N.C., doesn’t shy away from a challenge.  In fact, 16 years ago he came up with an idea to build hundreds of homes in one week for Habitat for Humanity.   
That idea blossomed into the Habitat for Humanity Home Builders Blitz, which has helped forge a path to affordable homeownership for more than 2,500 families.

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Not All 55+ Buyers Alike

Filed in 55+ Housing, Awards, Home Building by on November 5, 2018 0 Comments
Not All 55+ Buyers Alike

There’s a big market for 55+ buyers seeking an active-adult community who either don’t have – or don’t want to spend – money on the bells and whistles. Learn more in the latest issue of the 55+ Online Magazine.

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Custom Home Builder Awards Deadline Extended to Oct. 31

Filed in Awards, Home Building by on October 26, 2018 0 Comments
Custom Home Builder Awards Deadline Extended to Oct. 31

It’s not too late to apply for the NAHB Custom Home Builder of the Year Awards, sponsored by Sherwin Williams®.

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Multifamily Decline Pushes Overall Housing Starts Down in September

Filed in Economics, Home Building, Multifamily by on October 17, 2018 0 Comments
Multifamily Decline Pushes Overall Housing Starts Down in September

Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

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Top 10 Publicly-Traded Builder Share Lower in 2017

Filed in Economics, Home Building by on October 12, 2018 2 Comments
Top 10 Publicly-Traded Builder Share Lower in 2017

The top 10 publicly-traded builders in 2017 captured a 25.5% share of new single-family home closings, down from 27.4% in 2016. The data is based on their latest 10K filings with the Securities and Exchange Commission, which provide a comprehensive summary of each firm’s financial performance.

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New Home Sales Up 3.5% in August Even as Affordability Concerns Persist

Filed in Economics, Home Building by on September 26, 2018 0 Comments
New Home Sales Up 3.5% in August Even as Affordability Concerns Persist

Sales of newly built, single-family homes rose 3.5% in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports, according to newly released data from HUD and the Census Bureau. These downward revisions suggest softness in new-home sales activity this summer. However, on a year-to-date basis, sales are up 6.9% from this time in 2017.

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