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Builder Confidence at 8-Month Low

Builder Confidence at 8-Month Low

by Phil Hall | Aug 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The August edition of the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reached its lowest reading since last December with a 39 reading, down two points from a downwardly revised reading of 41 in July. The HMI index charting...
Builders Ask Congress to Support Policies to Enable Affordable Housing Construction

Builders Ask Congress to Support Policies to Enable Affordable Housing Construction

by Phil Hall | Jul 10, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) called on Congress to support policies that will enable an increased level of affordable housing construction. Steve Martinez, a home builder from Boise, Idaho, testified today on behalf of NAHB during a House Small...
Builder Confidence Drops to 6-Month Low

Builder Confidence Drops to 6-Month Low

by Phil Hall | Jun 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes reached its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For June, the HMI dropped two points from...
Guest Opinion: How a National Energy Code Will Impact Home Affordability

Guest Opinion: How a National Energy Code Will Impact Home Affordability

by Shawn Woods | May 28, 2024 | Current News & Events, Guest Opinion, Real Estate News, U.S. Housing Market, WRE News Exclusive

Shawn Woods is president of Ashlar Homes LLC in Blue Springs, Missouri. This article is adapted and edited from testimony delivered last week on behalf of the National Association of Home Builders (NAHB) before the U.S. House Energy and Commerce Committee’s...
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments

NAHB: Families Must Spend 38% of Their Income on Mortgage Payments

by Phil Hall | May 24, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical American family needs to spend 38% of its household income to make a mortgage payment on a median priced new single-family home, according to the latest quarterly Cost of Housing Index data from the National Association of Home Builders (NAHB). For...
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