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On the first of a two-episode series featuring Lowe’s Pros, the NAHB Housing Developments podcast welcomes Brent Ridley, host of the Tools Pro podcast to discuss what the new generation of home owners is looking for from their builders and remodelers.
NAHB is hosting a webinar on Wednesday, May 18, 2-3 p.m. ET that will explore the design challenges found in aging-in-place and universal design #remodeling projects:
NAHB applauds confirmation of Julia Gordon as @FHAgov Commissioner. NAHB looks forward to working with Commissioner Gordon to confront #housingaffordability concerns and to implement policies that will provide housing opportunities for all Americans.
NAHB is encouraging members to take a free, confidential mental health screening to mark the second annual Mental Health Action Day on Thursday, May 19. The theme this year is Mental Health is Health. | #MentalHealthAction
Texas and Florida accounted for about 30% of all single-family home building permits issued in the U.S. in 2021. Of the 1.1 million single-family permits issued last year, 179,620 were in Texas, followed by Florida at 148,735 and North Carolina at 68,636.
According to the NAHB/@WellsFargo Housing Opportunity Index (HOI), 56.9% of homes sold in Q1 2022 were affordable to families earning the U.S. median income of $90,000. Current market indicators point to worsening #housingaffordability conditions.
To help keep workers safe during a pivotal phase of the home building process, NAHB has published a new video toolbox talk on wood framing safety. Injuries during framing are 100% avoidable with proper training and equipment.
NAHB members, delegates to the Leadership Council, members of the Board of Directors, and Executive Officers are reminded to make plans now to attend NAHB’s Spring Leadership Meetings, June 14-18 in Washington, D.C. Hotel block deadline is May 20.
Suicide is a leading cause of death among working adults in the United States. Our new poster lists five things you should know about preventing suicide.… #SuicidePrevention
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Three leading trade shows will take place at the same time in 2023, expanding exhibitor offerings for attendees. @NHS_Show, @IntlBldrsShow and @KBIS will be held during Design & Construction Week in Las Vegas, Jan. 31-Feb. 2, 2023. | #IBS2023
The number of open construction jobs grew to 396,000 in March, significantly higher than the 336,000 openings a year ago. The housing market remains underbuilt and requires additional labor, lots and lumber to add inventory. | #CareersinConstruction
A bipartisan bill recently signed in Kansas may serve as a model for addressing housing shortages. HB 2237 will create incentives for developers to construct more affordable housing, particularly in rural areas, by providing state income tax credits
Recruiting, training, and supporting women in construction is part of the solution to workforce shortages plaguing home building. Help spread the word about the fulfilling career opportunities in residential construction. | #CareersinConstruction #PWBProud
Watch the NAHB Monday Morning Briefing for May 9, 2022, all the housing headlines you need in less than 60 seconds. Read the latest NAHB news at | #homebuilding #realestate #economy
NAHB Education is offering two live online courses during the month of May, which will provide home builders with the knowledge and skills for business profitability and successful project management.
Federal bank regulatory agencies have proposed changes to modernize regulations for the Community Reinvestment Act. The new rules will provide greater clarity, consistency, and transparency while adapting to changes in the consumer banking industry.
Home builders/remodelers continue to add jobs, 3,800 in April. Up 113,200 over the last year to 3.14 million. Residential construction employment up 5.3% from pre-covid level in Feb 2020. @NAHBhome @NAHBRemodelers
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Build My Future, a fantastic workforce development event in Des Moines, Iowa organized by the HBA of Greater Des Moines and Iowa Skilled Trades, attracted 5,000+ students from over 140 high schools this year. | #CareersinConstruction #skilledtrades
The @federalreserve yesterday raised its benchmark federal funds rate by half a point, the largest rate hike in 22 years. The move, and expected subsequent moves, are expected to have a dramatic effect on #mortgage rates, which are already rising.
On the latest episode of NAHB podcast Housing Developments, CEO Jerry Howard and Chief Lobbyist Jim Tobin welcome Chief Legal Officer Jim Rizzo to the show to discuss the potential political impacts of the recent Supreme Court document leak. | #scotusleak
In preparation for meetings with members of Congress during the 2022 NAHB Legislative Conference next month in Washington, NAHB members are encouraged to attend a live webinar on Thursday, May 12, to learn more about the key issues for home builders.
In his May video update, NAHB Chairman Jerry Konter explains the importance of @OSHA_DOL's #StandDown4Safety to prevent falls in construction happening this week and provides an update on recent moves by @HUDgov on home appraisals. Watch the video:
Wages in construction continue to rise, often outpacing earnings in other industries. The average hourly earnings in construction was $34.01 in March. There is also wide variation from region to region in the U.S.: | #CareersinConstruction
College is not the only acceptable next step for high school grads. Tell members in your community about how Career and Technical Education prepares youth and adults for the many rewarding #skilledtrades careers: | #AndersenWindows #CareersinConstruction
Total private residential construction spending grew 1% in March to an annual rate of $882 billion, 18.4% higher than a year ago. Single-family construction grew 1.3%, remodeling was up 1% and multifamily construction slipped 0.5%. | #realestate #economy
More than 100 NAHB members aged 21-35 have been awarded an IBS Scholarship to attend the NAHB International Builders' Show®, and every one of them said it was a career-altering event. The scholarship application for IBS 2023 closes on June 3. #IBS2023
As the spring building season gets into full swing, it is the perfect time to celebrate National Home Remodeling Month in May. The annual event showcases the expertise of professional remodelers and the craftsmanship that sets them apart.
Watch the NAHB Monday Morning Briefing for May 2, 2022, all the housing headlines you need in less than 60 seconds. Read the latest NAHB news at | #homebuilding #realestate #economy
Share your knowledge, experience and expertise at the 2023 NAHB International Builders’ Show® (IBS), Jan. 31- Feb. 2 in Las Vegas, by submitting an education proposal for the Building Knowledge sessions and pre-show Master Workshops.
The Innovative Housing Showcase, hosted by NAHB and @HUDgov, is a three-day event, June 10-12, on the National Mall featuring new building technologies and solutions that are making housing more resilient and affordable for Americans. Apply now to exhibit.
In today's disappointing #GDP report, housing’s share of GDP increased to 16.7% in Q1 2022. The more cyclical home building and remodeling component – residential fixed investment – increased to 4.8% of GDP. | #economy #realestate
Although the causes of the #housingaffordability crisis vary, purchases by institutional investors or private firms of for-sale and for-rent units to rent or flip are potentially making first-time homeownership more challenging. | #realestate #homeprices
NAHB is encouraging all members to take time next week to discuss fall prevention during @OSHA_DOL's annual National Safety Stand-Down to Prevent Falls in Construction. A few minutes of focus can save lives. Information and resources: | #StandDown4Safety
More than 10,000 NAHB members from all 50 states and Puerto Rico sent a letter to President Biden today calling on the @WhiteHouse to take immediate action as the growing #housingaffordability crisis threatens to derail the housing market and #economy.
The @USDOL has proposed new labor rules that would change long-existing "prevailing wage" standards for federal construction projects. NAHB opposes many of the changes and spoke at a roundtable April 25 hosted by the Small Business Administration.
Home builders averaged a gross profit margin of 18.2% and a net profit margin of 7.0% in 2020, according to the NAHB Builders' Cost of Doing Business Study. This was a decline from the 2017, the first such decline in builders' profit margins since 2008.
New home sales fell in March as higher rates reduce housing affordability (down 8.6% to 763k rate). Sales down 6.8% year-to-date. Prices continue to rise with construction costs however. In March, only 14% of new home sales priced below $300K. It was 34% a year ago. @NAHBhome
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NEW HOME SALES: Sales of new single‐family houses fell 8.6% in March to an annual rate of 763,000, according to @HUDgov and @uscensusbureau data. The pace is 12.6% lower than in March 2021. The median price of new houses sold in March was $436,700. #realestate #homesales #economy
A ton of pandemic-era adaptations are becoming common fixtures in new homes. The model homes that builders are showing off today are meant for working, living and learning, not just coming home and crashing at the end of the day.…
At the 2022 International Builders' Show, the NAHB Legal Action Committee recommended funding to two local home builders associations (HBAs) to fight legal battles that demonstrate the breadth of legal concerns home builders face.
Watch the NAHB Monday Morning Briefing for April 25, 2022, all the housing headlines you need in less than 60 seconds. Read the latest NAHB news at | #homebuilding #realestate #economy
On the latest episode of NAHB's Housing Developments #podcast, hosts Jerry Howard and Chief Jim Tobin talk with two experts to discuss perspectives on both sides of the housing market — buyers and sellers — on key issues facing the industry. | #realestate
#EarthDay is a helpful reminder of the value that #sustainability and #greenbuilding bring to the home building industry. This year's theme, Invest in Our Planet, highlights the long-term benefits that high-performance home building can provide.…
When builders ask "can I build here?" and the only response from local officials is, "No," you will probably have unintended consequences. We're there right now. NIMBYs are winning and crippling the housing market.…
NAHB CEO Jerry Howard talked with @TeamCavuto on @FoxBusiness today about the precarious conditions in the home building market, as builders are still seeing high demand but are being squeezed by material costs and other producer-side issues.… #economics
The share of adults planning to purchase a home within a year fell for a third straight quarter to 13% to begin 2022. First-time home buyers' share of prospective buyers has fallen from 65% in Q3 2021 to 60% in Q1 2022.… #HousingAffordability
As home builders grapple with building material price surges, and shortages or delays for certain orders, many are exploring alternative products to complete or start projects. But it's important to understand the risks involved in using certain materials.…
The next installment of Design Bites is on Thursday, April 21. These 15-minute presentations are focused on a specific design idea or area, and are FREE to NAHB members. This month, we look at spaces designed specifically for home deliveries. Register:…
The next installment of Design Bites is on Thursday, April 21. These 15-minute presentations are focused on a specific design idea or area, and are FREE to NAHB members. This month, we look at spaces designed specifically for home deliveries. Register:…
Single-family permits down 4.8% in March, down to a 1.147M annual rate. This is 3.9% lower YOY as higher mortgage rates shift the market. Also a gain in number of homes authorized but not started, up 30.9% YOY to 127K. Multifamily construction shows strength in March. @NAHBhome
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