Posts Tagged ‘ low interest rates ’

Outsmarting Supply and Labor Issues with Outsourcing

Jun 22nd, 2021

The door and window industry is on the brink of what’s traditionally been our busy season. But for many of us, it feels like it’s been busy season for the past year. A hot housing market, low interest rates and homeowners looking to make enhancements to their spaces—they’ve all worked to drive a major spike […]

January: New Home Sales Higher, Supply Concerns Remain

Feb 26th, 2021

A combination of low interest rates, favorable demographics and a suburban shift for home building to smaller, more affordable housing markets created a strong demand that helped to lift new home sales in January, but rising lumber and material costs continue to threaten the momentum. Newly released data by the U.S. Department of Housing and […]

NAHB Reports Lack of Supply, Higher Prices Led to 18-Month Low of Housing Affordability

Aug 7th, 2020

The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released this week shows that low interest rates were not enough to counter the double whammy of a supply shortage and rising home prices, which together contributed to a decline in housing affordability in the second quarter of 2020. In all, 59.6% of […]

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