One of the new aspects of the tax code is the 20% pass-thru deduction, also known as the 199A deduction. It is a centerpiece of the tax bill, and one which most small business owners have heard about. Nevertheless, it warrants detailed explanation because, unsurprisingly, it is more complex than it at first sounds. This…
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…
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the Census Bureau reveals that cash sales accounted for 11,000 new home sales in the fourth quarter of 2017. Cash purchases also accounted for 11,000 new home sales in Q2 2017, but only made up 6.5% of the total. In contrast, they made…
From the trough of the housing downturn in 2010 through 2015, the number of homes under construction increased by 131 percent and the number of employees working in construction trade businesses increased by 18 percent. Over that span, how much would you guess the number of one-person construction trade firms increased? The answer, believe it or…
Prices paid for OSB (-13.0%), softwood lumber (-1.0%), and inputs to residential construction (-0.1%), all decreased in December, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The index for gypsum products advanced (+1.6%). Over the course of 2017, the price paid for every major input to construction NAHB…
