Builder confidence in the market for newly built, single-family homes in July hit a level of 60 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) while the June reading was revised upward one point to 60 as well. The last time the HMI reached this level was in November 2005. […]

With temperatures up, so is builder confidence. Confidence in the market for newly built, single-family homes in June rose five points to a level of 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest reading since September 2014. “Builders are reporting more serious and committed buyers […]

According to a new Houzz & Home survey, Millennials aren’t that much different from other age groups in what they do with their houses. The survey, which received more than 15,000 U.S. Millennial homeowner responses (ages 25-34), revealed that a key motivation for renovation projects among the generation is to make their newly purchased home […]

The housing market is on the rise—and will keep on rising, according to economists participating in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast Webinar. Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will keep the market moving up into 2016. “This should be a good year […]

Not much has changed in the multifamily market from the third quarter of 2014 to the fourth. That’s according to the Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), which held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of […]

Slightly lower interest rates and home prices in markets across the country are the cause of a slight increase in nationwide housing affordability in the fourth quarter of 2014, according to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 62.8 percent of new and existing homes sold between […]

The fourth-quarter results of the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) show that builders are feeling quite positive about the market. All segments of the market—single-family homes, condominiums and multifamily rental—registered increases compared to the same quarter a year ago. The single-family index increased six points to 54, which […]

Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released this week. This represents a year-over-year net gain of seven markets. The […]

For the housing market, very good things are on the way but may take longer than initially expected. During the National Association of Homebuilders’ (NAHB) recent webinar, Mark Zandi, chief economist at Moody’s analytics, offered a holistic outlook of the economy then related it to the housing market. “The broader national economy and the housing […]

Much of the focus on the new energy boom seems to be on the potential negative environmental impacts of fracking and other methods. While we must be mindful of the environmental effects of this energy boom, the same can be said of farming, generating electricity or erecting buildings. One aspect of the energy boom that […]