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Rose Quint is Assistant Vice President for Survey Research. Ms. Quint holds a Bachelors of Science degree in Economics/International Business from Old Dominion University as well as a Master’s degree in Economics from Virginia Polytechnic Institute and State University. Her responsibilities include planning and conducting industry surveys, specifically in the areas of builder sentiment, remodeling, housing affordability, and AD&C financing issues. Ms. Quint is also responsible for special research projects, such as studies on builders’ profitability, consumer preferences, construction costs, and membership census. She joined NAHB in 1999.
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How Much Does The Average Remodeler Earn in a Year?
The Remodelers’ Cost of Doing Business Study, recently released by NAHB, is based on a nationwide survey of residential remodelers. The survey, conducted in 2012, asked remodelers to provide their income statements and balance sheets for fiscal year 2011. The study helps remodelers compare their financial performance against benchmarks for the industry as a whole as well as assess the… Read More ›
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Nationwide Housing Affordability Improves in Third Quarter
Lower interest rates helped make homes more affordable to median-income families even as house prices continued to inch up in metro areas across the country in the third quarter of 2012. The NAHB/Wells Fargo Housing Opportunity Index (HOI) rose to 74.1 in the third quarter, up slightly from 73.8 in the previous quarter. The HOI is the share of new… Read More ›
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Video: Economist Rose Quint Details the Latest Remodeling Market Index
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Rising Home Prices Push Affordability Slightly Lower In Second Quarter
The NAHB/Wells Fargo Housing Opportunity Index (HOI) fell slightly in the 2nd quarter of 2012, down to 73.8, from the all-time record high of 77.5 recorded in the first quarter of the year. Firming home prices in most metro areas contributed to the small decline in affordability. The HOI is the share of new and existing homes sold in a… Read More ›
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Profile of the Typical Single-Family Builder
The annual member census conducted by NAHB allows the association to track the characteristics and composition of its members in general, but also to create detailed profiles of particular types of members, such as single-family builders. The latest census shows that in 2011, NAHB’s typical single-family builder started 23 housing units, employed 9.5 people (5.3 construction and 4.2 non-construction workers),… Read More ›
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Profile of the Typical Residential Remodeler
Data from an annual census of its members allows NAHB to construct detailed profiles of particular types of members, such as residential remodelers. The latest census shows that in 2011, NAHB’s typical residential remodeler member had about $536,234 in total revenue, employed 6 people (4 construction and 2 non-construction workers), and started 3 housing units. The 2011 census further shows… Read More ›
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A Look Inside Builders’ Books
If you have ever wondered how much single-family builders are earning these days or how much profit is considered “average” in the industry, then a recently published NAHB study based on a national survey of single-family builders titled “The Cost of Doing Business Study: 2012 Edition” will help provide answers. On average, single-family builders in fiscal year 2010 made $7.1… Read More ›
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Newly Constructed Home Trends in 2011
Single-family homes started in 2011* were a bit different than the ones builders started in 2010. Unpublished Census Bureau data show that, on average, homes started in 2011 were bigger than those started in 2010. Homes were also more likely to have more features and amenities. These developments must be analyzed with caution, however, keeping in mind that total single-family… Read More ›
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Remodeling Slows in the Third Quarter
The current state of the national economy continues to affect the remodeling industry, according to the latest National Association of Home Builders Remodeling Market Index (RMI). The index dropped to 41.7 in the third quarter from 43.9 in the second quarter, after having reached a four-year high of 46.5 in the first quarter of the year. Many remodelers report that… Read More ›
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Multifamily Production Index Shows Ongoing Market Improvement
NAHB’s multifamily production index (MPI) rose for a fourth consecutive quarter in the second quarter of 2011 to 44.4. It is the highest quarterly reading since 2006, and continues the trend of generally improving conditions in the market for new multifamily housing that has emerged since the MPI dropped to a record low of 16.0 in the third quarter of… Read More ›