Homebuilder Confidence Keeps Slipping Despite Housing Starts Bounce
A bump in construction of new single-family homes last month didn’t help homebuilders feel any better about their business prospects
Triple Whammy Slows Homebuilders
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses – often before the first customer walks in the door. That’s not the case now, though, and hasn’t been for months.
Raimondo ‘Committed’ to Fixing Lumber Supply Chain Issues
With construction costs soaring, a large construction industry lobby group is pressuring the Biden administration to take steps to help push lumber costs down.
Skyrocketing Lumber Prices Add $119 to Apartment Rents
The ongoing spike in lumber prices is dramatically increasing the cost of new-construction single-family homes and apartments, the National Association of Home Builders reports.
As Resort Towns Flourish, Lending Tightens
As the market for vacation homes continues to forge ahead at an almost unprecedented pace, the two major suppliers of financing funds have put a lid on the number of mortgages for such properties they will buy from primary lenders.
Housing Starts Tumble Amid High Lumber Costs
Severe winter weather in much of the country and spiking lumber prices pushed home construction down a sharp 10.3 percent in February while applications for new construction fell by 10.8 percent.
Stronger Growth Predicted in Remodeling Sector
Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.
Let’s Stop the Demolition Derby
What if builders stripped out the good stuff – cabinetry, doors, windows, bathroom fixtures, hardwood floors – before bulldozing old dwellings? Then those materials could be used in remodeling jobs, incorporated into new construction, or sold.
Poll: 80 Percent of Americans Think Housing Affordability Is a Crisis
A new poll by Morning Consult and the National Association of Home Builders has found tour out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.
New Resources Available to Tackle Opioids in Construction Industry
The National Association of Home Builders (NAHB) rolled new resources on Tuesday to help residential construction companies address the opioid crisis facing the home building industry.
Massachusetts Property Taxes Seventh-Highest Nationwide
Massachusetts homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
