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Skilled Labor Fund to Educate 1,400 New Skilled Laborers After Grant from The Home Depot Foundation & NAHB

Pro Builder

Skilled Labor Fund to Educate 1,400 New Skilled Laborers After Grant from The Home Depot Foundation & NAHB. Current projections indicate that by 2030 we will lose 41 percent of the skilled laborers we need to continue the work that is so mission-critical to the success of NAHB, NKBA, and NARI members. cbroderick. NEWS RELEASE. .

NAHB 59
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Along With an Affordability Crisis, Buyers Face an Aging Housing Stock

Pro Builder

owner-occupied housing stock has been aging at a rapid pace since the Great Recession due to a lack of new construction, and the upkeep required to maintain older homes is leading to a remodeling boom, NAHB Eye on Housing reports. The median age of owner-occupied homes in the U.S. was 40 years in 2021, the oldest supply on record.

Housing 52
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Rising Lumber Cost Pushes New Home Prices Up $14,000

Pro Builder

NAHB estimates single-family home prices have increased by $14,116 since April 17 due to lumber prices alone. NAHB considers all plywood, OSB, particleboard, fiberboard, and more to fall under the softwood lumber category. NAHB considers all plywood, OSB, particleboard, fiberboard, and more to fall under the softwood lumber category.

NAHB 111
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Housing Market’s Contribution to GDP Highest in 13 Years

Pro Builder

The current market’s historically low interest rates, housing shortage, and revived interest on the importance of the home have proven that housing will lead the economic recovery, according to NAHB. Home building and remodeling accounted for 3.3% In the second quarter, gross domestic product declined at a -32.9% Read More. .

Housing 98
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Owner-Occupied Housing Stock Is Aging

Pro Builder

An older housing stock paired with rising home prices signals a growing remodeling market as more buyers choose to make purchases based on affordability and renovate for upgrades down the road, says NAHB Eye on Housing.

Housing 94
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The Right Immigration Reform Means More Affordable Homes

Pro Builder

At least 90% of single-family builders responding to survey by the National Association of Home Builders (NAHB) reported a shortage of carpenters, and 80% to 85% reported a shortage of subcontractors in six other trades. Among remodelers, more than 80% reported a shortage of subcontractors in 11 of the 16 trades listed in the survey.

NAHB 98
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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Alexis Udine , 37, Account Supervisor, Group Two Advertising, Philadelphia. Grew from small carpentry jobs to room remodels, whole-house remodeling, entry-level townhome construction, and then, ultimately, upscale custom homes. Certifications • NAHB Certified New Home Marketing Professional. Lucie, Fla.