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Housing Affordability Constraints are Rising
The housing industry is being squeezed. While the sector was the bright spot of the economy for 2020 and possesses considerable momentum at the start of 2021, a number of external factors are restraining the industry as well as the nation’s overall economic recovery.
IBSx Delivers Top-Notch Education, Networking Opportunities
The inaugural NAHB International Builders’ Show® virtual experience (IBSx) brought home building professionals together online last week. Over 6,200 attendees joined live for more than 100 education sessions, 28 construction demos and 36 shop talks.
Houston Remodelers Ramp Up Member Engagement and See Results
NAHB Remodelers recently awarded the Greater Houston Builders Association (GHBA) Remodelers Council the Council Award for Demonstrating Remodeling Excellence (CADRE) for Council of the Year in the large council size category.
Housing Ends 2020 Strong, but Some Slowing is Ahead
Over the last few weeks, major housing data series have revealed how strong a year 2020 was, in spite of changes caused by the virus crisis and economic downturn.
IBSx Exhibit Home Ready to Make its (Virtual) Debut
The New American Home 2021 will offer industry pros who attend IBSx a close look at a show home unlike any other. Although more typical exhibition homes boast expansive layouts, the 2021 show home — located in an urban area of Winter Park, Florida — maximizes an exceptionally small footprint.
National Remodeling Hall of Fame Welcomes Two New Inductees
NAHB Remodelers recently inducted Mike Nagel, a remodeler from Chicago, and Bob Peterson, CAPS, CGP, CGR, GMR, a remodeler from Fort Collins, Colo., into the National Remodeling Hall of Fame for their contributions to the remodeling industry.
Versatile Kitchen Range Receives a Top Innovation Award
The winner of the 2021 Spark Award from the NAHB Leading Suppliers Council (LSC) is one of Signature Kitchen Suite’s latest innovations: the 48-inch Dual-Fuel Pro Range. The high-end range is the first of its kind to feature built-in sous vide functionality with both induction and gas on the cooktop, plus two ovens below.
2 Critical Threats to Housing Affordability in 2021
Housing demand remains robust and inventories are lean. However, home price growth and rising construction costs threaten housing affordability heading into 2021.
IBSx Remodeled Show Home Gets Finishing Touches
Now in its final stages of renovation, The New American Remodel 2021 is nearly complete and preparing to make its official debut during the 2021 IBSx Virtual Experience, Feb. 9-12.
Housing’s Outlook for 2021
Supply-side pressures, such as resurgent lumber prices, limited lot supplies, supply-chain issues, and a persistent skilled labor deficit foreshadow higher costs and longer build times heading into next year.
