Posts Tagged ‘ home prices ’

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 […]

As Remodeling Wanes Home Building Is Expected to Pick Up

Dec 13th, 2023

Experts say the housing recession that dogged new home production from the second quarter of 2020 through the end of 2022 is over. But the scars of higher home prices and mortgage rates have left millennials with a bad taste in their mouth. That’s according to a survey conducted by Redfin Corp., a Seattle-based residential […]

Harvard Housing Study Shows Markets Cooling

Sep 20th, 2023

Results of the State of the Nation’s Housing 2023 study, conducted by the Joint Center for Housing Studies (JCHS) of Harvard University, show what many in the homebuilding industry have known for some time yet: declines in the market for home sales, construction and appreciations in home values. Changes are due in part to home […]

What If Yeti Made Homes?

Aug 23rd, 2023

I read an article recently in the Wall Street Journal (WSJ) about Passive House-rated homes. One homeowner said the air conditioning in his new house only ran a few hours per day this summer, while keeping it at 72 to 75 degrees—despite triple-digit heat. That’s impressive. And I must admit, it made me think: “Now […]

NAHB: Builder Confidence Continues Downward Slide, Housing Market Continues to Weaken

Oct 20th, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012 (excluding the two-month period in the spring of 2020 at the beginning of the pandemic). The association attributes the […]

NAHB: Builder Confidence Underwater After Falling for Eighth Consecutive Month

Aug 16th, 2022

The National Association of Homebuilders (NAHB) reports that builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. In another sign that a declining housing market has failed to bottom out, builder confidence in the market for […]

Harvard Study Says Home Improvement on the Rise While Housing Challenges Continue

Jun 23rd, 2022

The State of the Nation’s Housing 2022 report from the Joint Center for Housing Studies of Harvard University, released on Wednesday, June 22, found that soaring prices keep prospective homebuyers in rentals. While residential construction starts are at levels not seen in decades, affordability and supply-chain issues could see a cool down in the market […]