Posts Tagged ‘ Alicia Huey ’

Nation’s Home Builders Elect Leadership for 2024

Mar 6th, 2024

Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions at its leadership meetings last week during the NAHB International Builders’ Show in Las Vegas. Taking the helm as chairperson of the board this year is Carl Harris. Harris is a Wichita, Kan.-based small volume spec and custom […]

At IBS, Masks Have Been Replaced by Innovation

Feb 28th, 2024

After some rocky years through Covid, it appears the International Builders’ Show (IBS) can finally exhale without a mask. As new home starts have broken the ceiling of a million-home-pace, the event rightfully opened on a jubilant note. Ring-tossers, stilt walkers and celebrity impersonators greeted attendees at the show’s opening ceremonies, where National Association of […]

Will Higher Home Prices Slow the Pace for Doors and Windows?

Feb 14th, 2024

In the third quarter of 2023, rising mortgage rates, elevated construction costs and a limited inventory of homes pushed housing affordability to its lowest level in more than a decade. Meanwhile, new fourth-quarter statistics show little improvement. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released last week, just […]

Rising Mortgage Rates Lower Housing Starts

Sep 21st, 2023

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly issued new residential construction statistics for August 2023 and the numbers point to a drop in both building permits and housing starts compared to this time last year. The numbers were down 2.7% and 14.8% respectively. Building permits, the report noted, […]

Builder Confidence Falls but Single-Family Starts Edge Higher

Aug 17th, 2023

The National Association of Homebuilders (NAHB) has reported that, after steadily rising for seven consecutive months, builder confidence fell for the first time this year in August. The association points to rising mortgage rates that, according to Freddie Mac, are nearing 7%, along with “stubbornly high” shelter inflation, as having eroded housing affordability and put […]

Are Government Regulations Hindering the Market for New Homes?

Jul 24th, 2023

Officials from the National Association of Home Builders (NAHB) met with members of Congress to address how they see government regulations impacting housing production and affordability. NAHB chairperson Alicia Huey told members of the House Financial Services subcommittee that the growing number of regulations and mandates supporting environmental, social and governance (ESG) policies are leading […]

Builder Confidence Continues to Climb in Face of Concerns Over Rising Rates

Jul 24th, 2023

The National Association of Homebuilders (NAHB) credits demand for new homes, thanks to low existing inventory, for the increase in builder confidence in the month of July. The increase comes even as mortgage rates rise, construction costs remain elevated and limited lot availability haunts the industry. The NAHB/Wells Fargo Housing Market Index (HMI) shows builder […]

Single-Family Starts Improving

Jun 21st, 2023

A report from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau indicates that single-family starts rose to an 11-month high in May. In reporting on the change, the National Association of Homebuilders (NAHB) attributes an increase to limited existing inventory combined with solid demand and improving supply chains. According […]

With Fewer Homes on the Market, Builders Show Uptick in Confidence

May 22nd, 2023

The outlook among homebuilders improved in May, as production for single-family projects saw its highest rate yet in 2023. Confidence in the market for newly built single-family homes rose by five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The improvement marks a fifth straight month […]

Training America’s Workforce Act Introduced in the Senate

Apr 27th, 2023

Four U.S. senators reintroduced the Training America’s Workforce Act last week, a bill they say would make apprenticeships more responsive to industry workforce needs. For the door and window industries, that could mean more on-the-job training and classroom instruction to help take a bite out of workforce shortages. U.S. Sens. John Thune (R-S.D.), Tim Scott […]