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

Pro Builder

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock ldeakins Mon, 02/06/2023 - 10:35 Prospective buyers searching for new homes are instead finding a growing inventory of for-sale properties that are 40 years or older The U.S. The median age of owner-occupied homes in the U.S. New construction added nearly 8.3

Housing 52
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Construction Job Openings Fell in February

Pro Builder

Construction Job Openings Fell in February ldeakins Tue, 04/04/2023 - 10:51 As the housing market cools, construction job openings are trending lower, but hiring and recruiting skilled laborers remains a top priority for most construction firms After an elevated 11.2 The construction job openings rate decreased to 4.9% rate in February.

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Construction Job Openings Dropped From Peak Highs in May

Pro Builder

in May, NAHB Eye on Housing reports. Still, the construction industry is actively recruiting skilled laborers to add inventory to a largely undersupplied market. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. rate in May.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

NAHB New Chair to Tackle Regulation and Promote Trades. Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. NAHB Housing Policy Briefing. We strive to meet the housing needs of families across the economic spectrum,” Fowke says. New Single-Family Home Inventory.

NAHB 98
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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs.

NAHB 98
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Economic Outlook 2021

Pro Builder

Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. Economic Outlook 2021. Fri, 06/18/2021 - 07:00. National Association of Home Builders.

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

Pro Builder

million and gained entitlements for 208 single-family lots for Villamar at Toscana Isles • Won six 2020 Aurora Awards • Finalist in the National Association of Home Builders’ (NAHB) Young Professional Awards • Is spearheading the predevelopment of a 2,500-acre land parcel, Wilson Grove, in Port St. Lucie, Fla. Elise Goodell, 39. Hammerwell.