Tag Archive for ‘lot shortgage’

Shortage of Lots Now Worse Than Ever

NAHB’s measure of lot shortages hit a new record in May. In answer to special questions on the survey for the NAHB/Wells Fargo Housing Market Index, 64 percent of builders reported that the supply of lots in their markets was low or very low—up from 62 percent last year and the highest the lot shortage percentage has been since NAHB began collecting the… Read More ›

Shortage of Lots Slows Housing Recovery

A shortage of buildable lots, especially in the most desirable locations, has emerged as a key factor holding back a more robust housing recovery, according to the latest survey on the topic conducted by NAHB. Responding to special questions on the survey for the NAHB/Wells Fargo Housing Market Index in August, 59 percent of builders reported that the supply of lots in their markets was low… Read More ›