Pro Builder

NOVEMBER 15, 2021

Federal Reserve Pulls Back on Stimulus in Response to Weakened Housing Affordability. Mon, 11/15/2021 - 09:34. Exacerbated housing conditions are a result of major supply-chain disruptions and a nationwide labor shortage expected to persist into 2022. year to date in 2021 — eight times faster than they did in 2020.

Housing 52

Housing Finance NAHB Security 52

Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

Housing 98

Housing Inventory NAHB New York City 98

Pro Builder

DECEMBER 6, 2021

Mon, 12/06/2021 - 09:39. In October 2021, the annual inflation rate hit its highest record in over 30 years, impacting everything from gas prices to housing affordability, Realtor.com reports. Inflation exacerbates the housing demand-supply imbalance, which means even higher prices for housing,” explains Lawrence J.

Finance 98

Finance Housing New York Residential 98

Pro Builder

MAY 25, 2023

in February 2022 but slightly higher than December 2021, according to Realtor.com's Spring 2023 Investor Report, which focused on investors who purchase property to hold and rent out, rather than home flippers. Read more Financing Market Data + Trends Market Data + Trends of home purchases, down from the peak of 8.9%

Residential 98

Residential Finance Accounting Housing 98

Pro Builder

JUNE 3, 2023

But the 2021 IECC has yielded some inefficient outcomes. per month in Climate Zone 3 for a standard 2,500 square-foot single-family house, yet it costs roughly $1,366 to achieve that level of insulation. Early editions of the IECC helped new homes achieve much higher levels of energy performance. It is critical that the U.S.

NAHB 98

NAHB Zoning Housing Innovation 98

Pro Builder

FEBRUARY 22, 2021

How the Biden Administration Might Affect the Luxury Housing Market. Mon, 02/22/2021 - 09:05. Politics can have both an indirect and direct impact on the housing market, and with promises to make big changes to the country’s economy, Biden’s plans may very well create a shift in the luxury market. Housing Policy + Finance.

Housing 52

Housing Finance Residential Plans 52

Pro Builder

DECEMBER 14, 2021

Tue, 12/14/2021 - 09:52. From the biggest market disruptors to housing legislation, here’s what mortgage lenders are expecting in 2022. Mortgage lenders also predict that affordable housing will be the most important legislative priority of 2022 in an ultra-competitive market driving up prices. Housing Markets.

Insurance 105

Insurance Residential Banking Housing 105

NH Construction Law

JUNE 30, 2021

A report by the New Hampshire Housing Finance Authority indicates that MLS listings in May 2021 were down 23% from a year earlier, while the New Hampshire Association of Realtors reports that the median price of single family home in May 2021 hit a record high of $402,000 (25.7% higher than May 2020).

Residential 40

Residential New Hampshire Construction Income 40

Pro Builder

FEBRUARY 12, 2021

Lumber Prices Hit Record High, Threatening Housing's Momentum. Fri, 02/12/2021 - 14:34. For home builders, framers, and remodeling contractors, the impact has eroded profitability, stalled production, and led to cancelled sales contracts and all-out shut-downs of projects—all of which works against housing affordability. "We

Housing 119

Housing NAHB Materials Profitability 119

Pro Builder

JULY 6, 2021

Tue, 07/06/2021 - 12:00. NAHB argued that residential construction should not be included under the standard because the nature of new-home building and remodeling makes them a much lower risk for virus transmission. OSHA issued the ETS in June 2021 and announced that the new standard applies only to workers in health care settings.

OSHA 98

OSHA NAHB Construction Liability 98

Pro Builder

APRIL 5, 2023

The report, compiled annually, surveys 1,000 residential home builders operating in the United States, Canada, Australia, and New Zealand, and is commissioned to gather deeper insights into the residential construction industry and spot emerging trends to enable building company owners to benchmark their own businesses against industry standards.

Industrial 98

Industrial United States Contract Residential 98

Pro Builder

AUGUST 18, 2022

“The final package is a mixed bag for housing and our members,” says Jim Tobin, the National Association of Home Builders’ ( NAHB ) chief lobbyist and EVP for government affairs. The IRA’s biggest flaw,” he adds, “is the lack of any money to alleviate the housing supply crisis.”. As Mortgage Rates Rise, Housing Affordability Suffers.

NAHB 98

NAHB Housing Residential Estimating 98

Pro Builder

FEBRUARY 25, 2021

-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing, and other aspects of residential and light commercial construction. Thu, 02/25/2021 - 13:20.

Subcontracting 52

Subcontracting NAHB Remodeling Washington 52

Pro Builder

JANUARY 31, 2023

In addition, the average sales volume in 2021 among participating builders jumped 21.1% Housing’s Best Decade Ever In 2020, we published a special report titled “ The Roaring 2020s: Housing’s Best Decade ,” which outlines why this will be the best decade for housing demand in U.S. and Canada.

Inventory 98

Inventory Housing Profitability Cash Flow 98

Pro Builder

JANUARY 7, 2021

Thu, 01/07/2021 - 17:06. Chuck Fowke, 2021 NAHB chairman. This January 2021 issue of Pro Builder marks the beginning of an ambitious new partnership between the National Association of Home Builders and SGC Horizon , publisher of this and other top housing industry brands. 9-12, 2021.

NAHB 98

NAHB Education News Housing 98

Pro Builder

OCTOBER 4, 2021

Housing, Industrialized: Your Road Map to Off-Site Construction. Mon, 10/04/2021 - 14:02. Sidebar: The Synergy of Industrialized Construction and Built-for-Rent Housing. delivers four houses per week, about half the time it would take to frame the same number of houses on-site, Logue says.

Roads 116

Roads Site Housing Industrial 116

Pro Builder

FEBRUARY 2, 2022

Suburbs are sprawling again, but a lack of buildable residential land is pushing lower-income Americans out of the housing market. Low land supply has resulted in significant price hikes for builders, reducing the production of multifamily units and affordable housing.

Zoning 52

Zoning Guidelines Housing Income 52

Pro Builder

JANUARY 5, 2022

Buy-to-rent investment purchases could pose a substantial risk to the housing market, particularly with dwindling supply. According to the CalculatedRisk Newsletter, demographics are now favorable for buying homes, but new house hunters are squaring off against investors who are able to obtain financing at lower rates.

Cash Flow 52

Cash Flow Finance Security Income 52

Pro Builder

APRIL 7, 2021

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021. Alex Akel, 29. Akel Homes.

Industrial 98

Industrial El Paso Education Cleveland 98

Pro Builder

MAY 24, 2023

As the latest Construction Labor Market Report from the Home Builders Institute (HBI) shows, the construction industry currently needs approximately 723,000 new workers each year to meet demand (residential construction currently represents 3.2 to shore up housing’s labor shortage. to shore up housing’s labor shortage.

NAHB 98

NAHB Housing Legal Industrial 98

Pro Builder

DECEMBER 6, 2021

Mon, 12/06/2021 - 09:57. Softwood lumber is a hot commodity in the residential construction industry, but a slew of supply challenges are driving up prices. Lumber prices are on the rise once again, hitting a six-month high of $930 per thousand board feet with high demand from a hot housing market, according to Insider.

Finance 98

Finance Materials Transportation Residential 98

Pro Builder

NOVEMBER 24, 2021

Wed, 11/24/2021 - 13:17. The newly passed Infrastructure Investment and Jobs Act will support public infrastructure and ultimately provide residential access to a strengthened power grid and cleaner drinking water in areas with lead service pipes. Housing Policy + Finance. Government + Policy. Government + Policy.

Infrastructure 52

Infrastructure Deals Safety Residential 52

Pro Builder

NOVEMBER 23, 2021

Tue, 11/23/2021 - 10:12. The new law ends a tax liability for builders installing new water or sewer infrastructure to support additional housing in areas served by a corporate, for-profit water utility. And if a lot cost goes up by $2,000, the house sales price goes up five times that to $10,000. Housing Policy + Finance.

NAHB 52

NAHB Infrastructure Sewer Liability 52

Pro Builder

APRIL 7, 2021

Wed, 04/07/2021 - 09:20. Affordable housing would be given the chance to offer quality indoor air and water, plumbing, HVAC, and more, says Bob Simpson of the Center for Active Design. Housing Policy + Finance. Housing Policy + Finance. How Biden’s Proposed Infrastructure Plan Would Boost Wellness in Homes.

Infrastructure 52

Infrastructure Plans Income Finance 52

Pro Builder

MAY 6, 2023

million new hires over the next three years to keep pace with growth in housing demand and attrition within its labor force. Estate Gift NAHB’s National Housing Endowment (NHE), meanwhile, recently announced a $3 million gift from the estate of Herbert V. Fortunately, three organizations—the Lowe’s Foundation, the estate of Herbert V.

NAHB 95

NAHB Puerto Rico Foundation Construction 95

Pro Builder

JUNE 18, 2021

Fri, 06/18/2021 - 07:00. John “Chuck” Fowke, NAHB’s 2021 Chairman. Indeed, one point that the COVID-19 pandemic hammered home is that housing is truly essential. Early in the pandemic, the Department of Homeland Security designated construction of single-family and multifamily housing an “Essential Infrastructure Business.”

NAHB 52

NAHB Housing IDEA Finance 52

Pro Builder

MARCH 1, 2021

Mon, 03/01/2021 - 06:00. Chuck Fowke, NAHB 2021 Chairman. We will continue to work to make housing more affordable to families across the economic spectrum. . Advocating for Policies That Support Housing. NAHB Chairman's Letter: Finding Common Ground.

NAHB 98

NAHB Housing Income Education 98

Pro Builder

AUGUST 4, 2021

Wed, 08/04/2021 - 06:00. The median price of single-family built-for-sale homes started during 2020 was $336,000, according to NAHB analysis of recent data from the Department of Housing and Urban Development and the Census Bureau’s Survey of Construction. Why Builders Wait to See Lower Lumber Prices. For more, visit nahb.org.

NAHB 98

NAHB Remodeling Inventory Income 98

Pro Builder

JANUARY 4, 2022

Chuck Fowke, NAHB 2021 Chairman. Because of you and our partnership, housing has been a bright spot in the nation’s recovery. We were at the forefront, educating Congress, the White House, and key stakeholders on the urgent need for action. Our year-long advocacy efforts culminated in a White House supply chain summit.

NAHB 98

NAHB Housing News Michigan 98

Green Building Law Update

JUNE 7, 2020

Despite the Coronavirus pandemic concern shortened session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. House Bill 1077 (Ch. Senate Bill 170/House Bill 241 (Chs. House Bill 149 (Ch.

Maryland 227

Maryland Leases Housing Commissioning 227

Pro Builder

DECEMBER 15, 2021

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers.

Innovation 122

Innovation Utah Housing Products 122

Pro Builder

MARCH 6, 2023

Following a brief uptick in new home sizes in 2021, the average size of a new home dropped slightly from 2,525 square feet to 2,480 square feet in 2022, and the percentage of new homes with 3+ full bathrooms and 3+ car garages dipped to 33% and 17%, respectively. The majority of home buyers (91%) are willing to compromise to afford a home.

NAHB 52

NAHB Design Subcontracting Housing 52

Pro Builder

JANUARY 4, 2022

By Chuck Fowke, NAHB 2021 Chairman. Because of you and our partnership, housing has been a bright spot in the nation’s recovery. We were at the forefront, educating Congress, the White House, and key stakeholders on the urgent need for action. Our year-long advocacy efforts culminated in a White House supply chain summit.

NAHB 52

NAHB Housing News Michigan 52

Pro Builder

JUNE 7, 2022

Here’s how (and why) to target consumers with clear messaging about factory-built housing. RELATED: MORE 2022 HOUSING GIANTS ARTICLES AND DATA. Housing Giants 2022: What Now? The Housing Industry Post-Pandemic. 2022 Housing Giants List: U.S. Home Builder Rankings by 2021 Revenue and Closings. Stacey Freed.

Industrial 98

Industrial Construction Site Housing 98

Pro Builder

DECEMBER 7, 2022

In 2021, frazzled by a pandemic that restricted and uprooted their workplaces and lifestyles, a jaw-dropping 47,845,000 Americans voluntarily quit their jobs , according to the Bureau of Labor Statistics (BLS). John Caulfield. These exits weren’t just about compensation, either. Louis (FRBSL).

St. Louis 98

St. Louis Retail Industrial Compensation 98

Pro Builder

JANUARY 11, 2021

Mon, 01/11/2021 - 06:00. More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. There are billions and billions of dollars out there to finance homes that can be leased as fast as they can be built.”. cbroderick.

Phoenix 105

Phoenix Leases Housing Las Vegas 105

Pro Builder

NOVEMBER 25, 2020

Among the attractions visitors can explore virtually is The New American Home 2021 by Phil Kean Designs. In addition, the National Kitchen & Bath Association’s Kitchen & Bath Industry Show (KBIS) , which has run in conjunction with IBS for the past eight years under the Design & Construction Week brand, will also take place virtually.

NAHB 52

NAHB Subcontracting Products Remodeling 52