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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...
Builder Confidence Down for First Time in Six Months

Builder Confidence Down for First Time in Six Months

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

The latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at the level of 45 in May, down six points from April for the index’s first...
Multifamily Developer Confidence Down During Q1

Multifamily Developer Confidence Down During Q1

by Phil Hall | May 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices: the...
Builders Publish 10-Point Plan to Address Housing Affordability Challenges

Builders Publish 10-Point Plan to Address Housing Affordability Challenges

by Phil Hall | May 3, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has published a 10-point plan designed to address housing affordability challenges. In announcing the plan, the NAHB observed there was a nationwide shortage of approximately 1.5 million housing units, which exacerbates...
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