National Association of Home Builders
Sky-High Mortgage Rates Sent New Home Sales Tumbling in August
The pace slowed 8.7% in August from the previous month to a seasonally adjusted annual rate of 675,000 properties, the Department of Commerce reported this week. read more >
by Associated Press -
Gimme Shelter: Fewer Homes Being Built as Builders Pull Back
One forecasts has single-family housing starts dropping about 11% this year and double that in 2023, before climbing 5% in 2024. read more >
by Associated Press -
Wanted: 7,000 Construction Workers for Intel Plants in Ohio
They're only a portion of what will be needed as the Intel project transforms hundreds of largely rural acres about 30 minutes east of Columbus. read more >
by Associated Press -
U.S. Home Construction Up Moderate 3.6% in May
U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive. read more >
by -
Pandemic Pushes Lumber Prices Up
The coronavirus pandemic has boosted lumber demand throughout the United States, a surge that has pushed prices to record heights, raising the average price of a new single-family home by more than $16,000. read more >
by Jan Cottingham -
Arkansas Condo Developers Find Feet in Niche Market
Jimmy Moses believes condos will always be “a little bit different product,” but are now an important anchor in a vibrant downtown offering more dining, shopping and entertainment options. read more >
by Kyle Massey -
US New Home Sales Rise Despite Higher Mortgage Rates
Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. read more >
by Associated Press -
US Homebuilder Sentiment Rises in August as Sales Improve
U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices. read more >
by Associated Press -
US Homebuilder Sentiment Slips in July
U.S. homebuilders are feeling slightly less optimistic about their sales prospects this month, though their outlook for the new-home market remains positive overall. read more >
by Associated Press -
Nelson Design of Jonesboro Turns to Bankruptcy for Help
In 2006, Michael Nelson decided at the worst possible time to borrow $2 million to expand his house design business. Within months, the housing market came to halt as the country entered the Great Recession. read more >
by Mark Friedman -
US Homebuilder Confidence Sinks in February
The National Association of Home Builders/Wells Fargo builder sentiment index shows homebuilders' confidence in the housing market declined sharply this month as severe weather battering much of the nation kept many would-be buyers at home. read more >
by Associated Press -