article thumbnail

Housing Outlook: Is This a Recession … or Not?

Pro Builder

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
article thumbnail

NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Tue, 01/25/2022 - 20:14. Chuck Fowke, NAHB 2021 Chairman.

NAHB 98
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Prices Increase 17.2%—Is the Housing Market in a Bubble?

Pro Builder

Is the Housing Market in a Bubble? Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory.

Housing 52
article thumbnail

Advice for Home Builders Navigating a Market in Flux

Pro Builder

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. In addition, the front end of Generation Z (Zoomers) is entering the rental housing market.

article thumbnail

NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. NAHB Housing Policy Briefing. Even as the nation grapples with the economic effects of the COVID-19 pandemic , Fowke plans to continue the association’s emphasis on improving housing affordability. “We New Single-Family Home Inventory.

NAHB 98
article thumbnail

The National Association of Realtors Takes on the 10 Year Challenge—Homebuyer Edition

Pro Builder

A lot, according to the housing industry. From 2011 to 2021, the housing market experienced some cyclical patterns as well as several record highs and record lows, many of which were exacerbated by the COVID-19 pandemic and its economic implications. How much change can one decade bring?

Debt 52
article thumbnail

The National Association of Realtors Takes on the 10 Year Challenge—Home Buyer Edition

Pro Builder

A lot, according to the housing industry. From 2011 to 2021, the housing market experienced some cyclical patterns as well as several record highs and record lows, many of which were exacerbated by the COVID-19 pandemic and its economic implications. How much change can one decade bring?

Debt 52