Homeownership

Big Gap Between Home Prices and Buyers’ Expectations

Filed in Affordability, Economics, Homeownership, Housing Trends by on September 13, 2019 0 Comments
Big Gap Between Home Prices and Buyers’ Expectations

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show a mismatch between the actual prices of new homes and the prices buyers expect to pay.

Continue Reading »

Huge Wealth Gap Between Home Owners and Renters

Filed in Economics, Homeownership, Housing Trends by on September 3, 2019 1 Comment
Huge Wealth Gap Between Home Owners and Renters

A recent report by the U.S. Census Bureau on household wealth reveals that the gap between home owners and renters is striking: The median net worth of home owners is 80 times larger than the median net worth of renters.

Continue Reading »

Minority Homeownership Rate Drops in 1st Quarter of 2019

Filed in Economics, Homeownership, Housing Trends by on July 25, 2019 0 Comments
Minority Homeownership Rate Drops in 1st Quarter of 2019

In the first quarter of 2019 the U.S. homeownership rate stood at 64.2%, unchanged from its level during the same time last year, but slightly down from the fourth quarter of 2018 (64.8%), according to the latest data from the U.S. Census Bureau.

Continue Reading »

Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Despite a solid economy, rising wages and household growth that is now back from post-recession lows, new home construction remains depressed, due to supply-side challenges that are making it increasingly more difficult to build at affordable price points.

Continue Reading »

A Top Barrier to Homeownership May Be Easing

A Top Barrier to Homeownership May Be Easing

A recent Eye on Housing blog post revealed that 53% of buyers actively searching for a home to buy in the first quarter of 2019 have been looking unsuccessfully for at least three months. View the top reasons why is it taking these buyers so long to pull the trigger.

Continue Reading »

Resources to Promote National Homeownership Month in June

Filed in Homeownership by on June 3, 2019 0 Comments
Resources to Promote National Homeownership Month in June

HBAs and members have a great opportunity to promote the benefits of homeownership throughout the month of June. To support outreach efforts, NAHB provides an online toolkit of resources that can be tailored to your local market.

Continue Reading »

Innovative Housing Showcase Kicks Off on National Mall

Filed in Affordability, Home Building, Homeownership by on June 3, 2019 3 Comments
Innovative Housing Showcase Kicks Off on National Mall

The inaugural Innovative Housing Showcase opened June 1 to packed crowds on the National Mall exploring the latest housing technologies that are helping address the housing affordability crisis.

Continue Reading »

NAHB Chief Economist Testifies on Housing Affordability at Massachusetts Legislature

Filed in Affordability, Economics, Homeownership by on April 2, 2019 0 Comments
NAHB Chief Economist Testifies on Housing Affordability at Massachusetts Legislature

NAHB Chief Economist Robert Dietz told Massachusetts state policymakers today that growing affordability challenges for renters and home buyers stemming from years of underproduction and rising regulatory costs associated with land development and home building are having negative economic repercussions

Continue Reading »

Resources Available to Promote New Homes Month in April

Filed in Homeownership by on April 1, 2019 0 Comments
Resources Available to Promote New Homes Month in April

As NAHB and its members celebrate New Homes Month in April, there is a positive sign for this spring home buying season: The Federal Reserve signaled that it envisions no rate increases in 2019.

Continue Reading »

Finding Creative Solutions to the Housing Affordability Crisis

Filed in Home Building, Homeownership by on February 27, 2019 4 Comments
Finding Creative Solutions to the Housing Affordability Crisis

To help empower builders and communities to take important steps together, NAHB has compiled extensive research on state and local policies and incentives that are being used to help make housing more affordable in communities across the country.

Continue Reading »