Tag: homeownership

Escalating Lumber Prices Hamper Home Owner Dreams

Filed in Advocacy, Trade by on September 2, 2020 14 Comments
Escalating Lumber Prices Hamper Home Owner Dreams

Lumber prices have skyrocketed since mid-April, rising 130% and increasing the cost of a single-family home by more than $16,000. NAHB continues to advocate for solutions, but they may not come fast enough for prospective home owners who now find themselves scrambling for alternatives as a result of these skyrocketing prices.

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Resources to Promote National Homeownership Month in June

Filed in Membership by on June 2, 2020 0 Comments
Resources to Promote National Homeownership Month in June

National Homeownership Month in June is an opportunity to remind consumers about the evolving role of the home and its importance in our lives.

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Home Buyers Bearish on Affordability

Filed in Economics, Housing Affordability by on May 5, 2020 0 Comments
Home Buyers Bearish on Affordability

While home buyers report slightly more optimistic expectations for future housing availability in the first quarter of 2020, there is no commensurate improvement in their outlook for affordability. In fact, 78% say they can afford fewer than half the homes available in their markets.

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Minority Homeownership Rate Drops in 1st Quarter of 2019

Filed in Economics 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.

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

Filed in Economics, Housing Affordability, Multifamily by on June 26, 2019 1 Comment
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.

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A Top Barrier to Homeownership May Be Easing

Filed in Economics, Housing Affordability by on June 13, 2019 3 Comments
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.

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How Affordable are Homes in Your Area?

Filed in Economics by on February 15, 2019 0 Comments
How Affordable are Homes in Your Area?

A new feature of the NAHB Housing Portal — a free, interactive, online resource filled with information about the impact of housing — helps illustrate the severity of declining affordability at the national, state and local levels.

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A Popular Bridge to Homeownership for Younger Buyers

Filed in Economics by on February 23, 2018 1 Comment
A Popular Bridge to Homeownership for Younger Buyers

Many would-be buyers continue to feel stuck on the sidelines because of the limited number of entry-level homes. But after a dramatic decline during the recession of the late 2000’s, townhouses have experienced a steady resurgence in popularity.

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Millennials Lead the Homeownership Resurgence

Filed in Economics by on February 6, 2018 0 Comments
Millennials Lead the Homeownership Resurgence

Momentum continues to build for the housing industry, as evidenced by recent news from the U.S. Census Bureau regarding homeownership.

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Builders Fly to Washington to Push for Homeownership Tax Credit

Filed in Advocacy by on November 14, 2017 4 Comments
Builders Fly to Washington to Push for Homeownership Tax Credit

More than 50 builders from across the nation are traveling to Washington this week to hold meetings with key House and Senate Republican leaders and urge them to include a homeownership tax credit in tax reform legislation pending in both chambers of Congress.

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