Payment delays may be another byproduct of the pandemic. Only 11% of construction businesses say they always get paid in full, which is a 74% drop from 2020 and down 82% from 2019. Additionally, only 9% of companies say they always get paid on time, a decline of nearly 60% from the previous year. This […]

The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes fell two points to 82 in March. High buyer traffic and strong demand, wasn’t enough to keep builder sentiment up in March as rising lumber and other material prices pushed […]

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reports that Builder confidence in the market for newly-built single-family homes rose one point in July. Now at 65, sentiment levels have held at a steady low- to- mid-60s range for the past six months. However, optimism in rising numbers is mixed with concern […]

A new survey released by Better Homes and Gardens (BHG) reveals consumer preferences for home buying, improvement and preference. In a presentation given at the International Builders’ Show (IBS), Jill Waage, editorial director for Home Content for BHG, said 59 percent of readers surveyed say now is a better time to buy or build a […]