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

Pro Builder

Mon, 04/26/2021 - 08:55. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Debt as a percentage of personal income has dropped to 85.3% cbroderick. The median price for an existing home reached $329,100, a 17.2%

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. in August 2022, compared with the same month in 2021, according to the U.S. increase of 2021. increase in 2021. Other Indicators Point to a Housing Slowdown. Census Bureau.

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

Pro Builder

Chuck Fowke, NAHB 2021 Chairman. The most popular solution to ease housing affordability woes, cited by 66% of the survey respondents, would be to provide incentives to private builders and developers to create more affordable housing for low- and moderate-income households. Homeownership Plans Postponed as Prices Reach New Highs.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. million in revenue from 1,323 closings last year —are what has earned Ivory Homes our Builder of the Year honor for 2021. Builder of the Year Ivory Homes' Innovation Agenda. Mike Beirne, Senior Editor. and Outward.