Strong Demand Boosts Builder Confidence Despite Supply Chain Disruptions

Filed in Economics by on October 18, 2021 26 Comments
Strong Demand Boosts Builder Confidence Despite Supply Chain Disruptions

Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages.

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Put Your Guard Up: Guardrails Protect Everyone

Filed in Safety, Sponsored Content by on October 15, 2021 0 Comments
Put Your Guard Up: Guardrails Protect Everyone

The second annual Guardrail Safety Week is Oct. 18-22, 2021. Take time to assess your jobsite for fall hazards and guardrails and Put Your Guard Up.

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Last Chance to Get Your Free IBS Expo Pass

Filed in IBS, Membership by on October 15, 2021 0 Comments
Last Chance to Get Your Free IBS Expo Pass

Today is the last day NAHB members can receive a free expo pass to the 2022 NAHB International Builders’ Show® (IBS) or a $100 discount off an All-Access Pass.

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Construction Jobs Plentiful, but Where are the Workers?

Filed in Economics by on October 14, 2021 0 Comments
Construction Jobs Plentiful, but Where are the Workers?

The unemployment rate recently fell below 5%, but the ongoing labor shortage will grow tighter unless the labor force participation rate recovers and more individuals look for work. Indeed, the number of open, unfilled jobs in the construction sector now totals 344,000.

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NAHB Members Actively Recruit the Next Generation

Filed in Membership, Workforce Development by on October 14, 2021 5 Comments
NAHB Members Actively Recruit the Next Generation

HBAs and members are reaching out to their communities to spread the word about the good-paying jobs in the residential construction industry.

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Remodeling Industry Confidence Improves Year Over Year

Filed in Economics, Remodeling by on October 14, 2021 0 Comments
Remodeling Industry Confidence Improves Year Over Year

NAHB released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter, posting a reading of 87, up five points from the third quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets, for projects of all sizes. “Demand for remodeling remains strong, and remodelers are doing quite […]

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FHFA lncreases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps for 2022

Filed in Multifamily by on October 13, 2021 0 Comments
FHFA lncreases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps for 2022

The Federal Housing Finance Agency (FHFA) today announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.

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Join NAHB for a Free Discussion on International Housing Affordability

Filed in Housing Affordability, IHA by on October 13, 2021 0 Comments
Join NAHB for a Free Discussion on International Housing Affordability

NAHB is hosting next week a free Shop Talk — an informal, peer-to-peer discussion — on how home builders can work with their communities to address all the needs across the housing continuum.

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Young Households Experienced Largest Gains for Homeownership in 2019

Filed in Economics by on October 12, 2021 0 Comments
Young Households Experienced Largest Gains for Homeownership in 2019

Young households (those under the age of 35) experienced the largest gains for homeownership in 2019, according to data from the Federal Reserve Board’s 2019 Survey of Consumer Finances (SCF).

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Help Create Better Building Codes with One and Done

Filed in Codes and Standards, Membership by on October 12, 2021 2 Comments
Help Create Better Building Codes with One and Done

NAHB is asking members to share home builder positions with local code officials who will begin voting this week on proposed changes to building codes.

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