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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Mon, 08/03/2020 - 13:00. Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. With the training they can obtain through organizations like the Home Builders Institute, they will be highly sought after—without the burden of student loan debt.”. New Single-Family Home Inventory.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

In September, the HMI stood at 46, after peaking at 90 in late 2020, and it was 83 in January of this year —for the HMI, anything below 50 indicates poor market conditions. Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. Census Bureau.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Fri, 05/29/2020 - 06:00. As that momentum carried into January and February, 2020 was looking like it could be the most robust year yet of the recovery. . His team regularly examines financial scenarios to forecast what the numbers could look like should sales decline by 10%, 20%, and so on. Mike Beirne, Senior Editor.