Archive for 2014

Top Posts of 2014: Where are Sale and Contract Prices per Square Foot Highest?

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In October, we used Census data to compare new home prices across regions in the U.S. —————————– By Natalia Siniavskaia Looking at single-family homes started in 2013, new NAHB research quantifies regional differences in sale and contract prices per square foot. The… Read More ›

Rates Lower, Loans Larger on New Home Mortgages

Interest rates on conventional mortgages used to buy newly built homes declined in November, based on data released earlier today by the Federal Housing Finance Agency (FHFA). The data show the average contract interest rate declining by 7 basis points to 4.03 percent, the lowest it’s been since May, while the average initial fees and charges increased by a scant… Read More ›

Top Posts of 2014: Real Estate Taxes by State

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In October, we used Census data to track property taxes among states. —————————– By Josh Miller According to the recently released 2013 American Community Survey (ACS) New Jersey once again led the nation with the highest median real estate tax bill… Read More ›

Top Posts of 2014: Renewable Energy in New Homes

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In July, we published survey data on power production equipment in new homes. —————————– By Robert Dietz A rising number of new homes include renewable energy features, a trend that is apparent in both single-family and multifamily construction. McGraw Hill Construction’s… Read More ›

Top Posts of 2014: What Homes Do Millennials Buy?

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In December, we published research on Millennial home purchases. —————————– By Natalia Siniavskaia New NAHB research shows that millennials tend to buy homes that are smaller, older, and less expensive than homes bought by older generations. Being the youngest home buyers… Read More ›

Top Posts of 2014: Builders See Shortages of Labor and—Especially—Subcontractors

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In July, we published industry survey data on labor issues. —————————– By Paul Emrath Data from a June 2014 NAHB survey show that shortages of labor and subcontractors have become substantially more widespread since 2013.   Shortages are particularly acute for workers… Read More ›

Eye on the Economy: Housing Recovery Continues

Data for housing construction activity in November indicate the recover continues as builder confidence remains positive. According to NAHB analysis of data from the Census Bureau and HUD, the pace of total November housing starts was down slightly (1.6%) from an upwardly revised October number. The October housing starts estimate was revised up from the initial reading of 1.009 million units… Read More ›

Top Posts of 2014: Affordability Pyramid Shows Housing Market is Bottom Heavy

With the end of 2014 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In August, we published an update to our affordability pyramid. —————————– By Natalia Siniavskaia With the release of the 2014 Priced Out estimates, NAHB Economics revised its affordability pyramid that translates U.S. household income data into a distribution of homes that households… Read More ›

New Home Sales in November – A Better Second Act?

In a joint release the Census Bureau and Department of Housing and Urban Development reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 438 thousand in November, down slightly from October’s 445 thousand pace (-1.6%). Inventories of new homes for sale inched up 1.4% to 213 thousand. New home sales have moved up or… Read More ›