With the end of 2024 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In April, Eric Lynch examined various macroeconomic and housing finance components and their responsiveness to changes in the federal funds rate. As economist Milton Friedman once quipped, monetary policy has a history…
Lending standards were essentially unchanged for all residential mortgage categories in the third quarter of 2024, except for Subprime loans, according to the Federal Reserve Board’s October 2024 Senior Loan Officer Opinion Survey (SLOOS). Demand for most residential mortgage loans remained weaker across all categories in the quarter. Lending conditions for commercial real estate (CRE) loans were…
Confidence in the market for new multifamily housing showed mixed results year-over-year in the third quarter of 2024, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices: the Multifamily Production Index (MPI) had a reading of 40, an increase…
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2024 posted a reading of 63, down two points compared to the previous quarter. Remodelers remain optimistic about the market even though the overall RMI edged down for the third consecutive quarter. Some have potential customers citing the upcoming election as a reason…
NAHB published research earlier this year on home buyer preferences called What Home Buyers Really Want. Consumers were asked to rate how 19 technology features would influence their home purchase decision, if at all, using the following four-point scale: Seventy-eight percent of home buyers rated a programmable thermostat as either essential/must have or desirable, followed…
The latest NAHB study on home buyer preferences – What Home Buyers Really Want Study – asked consumers about the features and amenities they would want in a home, specifically regarding windows and exterior doors. Respondents were asked to rate eight window and four exterior door features using the following four-point scale: Windows ENERGY STAR…
In the most recent NAHB research on home buyer preferences, What Home Buyers Really Want Study, consumers were asked to rate how 28 kitchen and 18 bathroom features would influence their home purchase decision, if at all, using the following four-point scale: Kitchen Eighty percent of respondents rated a walk-in pantry and table space for…
