Tag Archive for ‘housing economics’

Reasons for Not Moving in 10+ Years

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the fifth in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL.  See previous posts on tiny homes, driverless cars, time searching for a home, and… Read More ›

Home Features Buyers Consider Essential

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the fourth in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL.  See previous posts on tiny homes, driverless cars, and time searching for a home…. Read More ›

Most Buyers Actively Trying to Get a Home Have Been Searching for 3 Months+

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL.  See previous posts on tiny homes and driverless cars. A recent poll revealed that… Read More ›

Driverless Cars Have Potential Market

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the second in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL.  See previous post on tiny homes. Driverless cars are currently being developed and tested… Read More ›

Housing Affordability Remains Flat in 2017

Data for all four quarters of 2017 show housing affordability remaining essentially flat throughout the year, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 59.6 percent of new and existing homes sold between the beginning of October and end of December were affordable to families earning the U.S. median income of $68,000…. Read More ›

Tiny Homes Might Have Potential Buyers

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the first in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL. One recent poll suggests there might be a potential market for tiny homes (<… Read More ›

The Number of Hispanic Construction Business Owners Rises in Every Age Group

The number of business owners in the construction industry (firms involved in the construction of buildings, heavy/civil engineering construction, or specialty trade contractors) declined 8% from 2.3 million in 2007 to 2.1 million in 2012, according to the U.S. Census Bureau’s Survey of Business Owners (collected in years ending in ‘2’ and ‘7’). An earlier post reported that the number… Read More ›

Construction Trades: A Step on the Path Toward Higher Paying Jobs

A recent NAHB study identifies eight senior positions at home building companies that are often to nearly always filled by someone with experience in one or more of the construction trades.  Average annual compensation (salary and bonus combined) for each of the eight positions is at least $80,000—at least $100,000, if the position is Head/Director or above of one of… Read More ›

Los Angeles Takes Top Spot as Nation’s Least Affordable Housing Market

San Francisco, which has been the nation’s least affordable major housing market for nearly five years, was supplanted by Los Angeles in the third quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Nationwide, 58.3 percent of new and existing homes sold between the beginning of July and end of September were… Read More ›

Housing Affordability Inches Lower in Second Quarter

Rising home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).  In all, 59.4 percent of new and existing homes sold between the beginning of April and end of June were affordable to families… Read More ›