Only 37.4% of new and existing homes sold during the third quarter were affordable to families earning the median income of $96,300, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Opportunity Index (HOI). This is down from...
The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
After seven consecutive months of rising optimism, builder confidence dropped in August as mortgage rates neared the 7% mark. The National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) saw builder confidence in the market for...
The share of new home sales backed by Federal Housing Administration (FHA) loans increased to 14% in the second quarter from 12.1% in the first quarter, according to a new data analysis from the National Association of Home Builders (NAHB). The second quarter’s...
This is article is adapted from recent written testimony presented before the U.S. House Financial Services Committee Subcommittee on Housing and Insurance by Alicia Huey, 2023 Chairman of the Board of Directors of the National Association of Home Builders and a...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
