Supply Is Increasing, but Prices Aren’t Falling in This Overheated Metro
This post was originally published on this site Closed sales were down significantly year-over-year in May after 30-year, fixed mortgage rates hovered in the 6%…
Author: Professional Builder
Arizona Sets Limits on Phoenix Construction as Drought Worsens
This post was originally published on this site Arizona will no longer allow new housing construction in the Phoenix area that depends on groundwater, due…
Some Lenders Now Offer Bargain Mortgages, but Experts Say They May Not Be a Good Idea
This post was originally published on this site Last month, United Wholesale Mortgage, the nation’s largest home mortgage lender, announced it would begin offering loans…
Tune Into Livestreams of NAHB’s Spring Leadership Meetings This Week
This post was originally published on this site National Association of Home Builders leadership, committees, councils, and members are gathering in Washington, D.C., this week…
Building Materials Prices Are Rising as Demand for Construction Increases
This post was originally published on this site A recent construction materials report from construction cost data tracking firm Gordian reveals that since 2020, roughly…
Year-Over-Year Rent Growth Falls as Household Formation Decelerates
This post was originally published on this site After surging in 2021, household formation is slowing, and as a result, year-over-year rent growth is also…
The Construction Workforce Is Aging Faster Than the National Labor Force
This post was originally published on this site Analysis of the 2021 American Community Survey (ACS) data by the National Association of Home Builders (NAHB)…
Styrofoam’s Promise for Hurricane-Proof Homes
This post was originally published on this siteStyrofoam. Often used to hold gas station soda and break room coffee, it’s sometimes seen as a product…
NAR Kicks off Community Service Projects for Realtor Volunteer Days
This post was originally published on this site The National Association of Realtors (NAR) is calling on all of its members to participate in Realtor…
Central PA HBA and Penn State Partner to Educate Women About Skilled Trades
This post was originally published on this site Over the past several years, the Builders Association of Central Pennsylvania (BACP) has seen a large boost in…