Tag Archive for ‘home building’

Credit Conditions for Builders May Be Stabilizing, But Remain Tight

After more than five years of persistent tightening, NAHB’s survey on Acquisition Development & Construction (AD&C) financing finally shows conditions stabilizing somewhat in the first quarter of 2012.  After such a protracted period of decline, however, the stability comes at a very low level of credit availabity.  The NAHB survey results remain somewhat at odds with a similar net tightening… Read More ›

Multifamily Market Absorption Slows at the Beginning of 2012

Data from the Survey of Market Absorption of Apartments (SOMA), produced by the Census Bureau and the Department of Housing and Urban Development, reflect the slowdown experienced for housing during the first quarter of 2012. It is worth noting that the SOMA data are published with some time lag, and housing indicators have improved since the time period for which the most… Read More ›

Profile of the Typical Single-Family Builder

The annual member census conducted by NAHB allows the association to track the characteristics and composition of its members in general, but also to create detailed profiles of particular types of members, such as single-family builders.  The latest census shows that in 2011, NAHB’s typical single-family builder started 23 housing units, employed 9.5 people (5.3 construction and 4.2 non-construction workers),… Read More ›

AD&C Lending May Enter a New Phase Soon

After a soft patch in late February and March, recent economic and housing data point to improvement in housing market conditions. For example: The NAHB/Wells Fargo Housing Market Index was up 5 points in April, the highest level in five years The NAHB/Wells Fargo Housing Opportunity Index, a measure of home buying affordability, is at an all time high Total… Read More ›

AD&C Lending May Enter a New Phase Soon

After a soft patch in late February and March, recent economic and housing data point to improvement in housing market conditions. For example: The NAHB/Wells Fargo Housing Market Index was up 5 points in April, the highest level in five years The NAHB/Wells Fargo Housing Opportunity Index, a measure of home buying affordability, is at an all time high Total… Read More ›

NAHB Blogs for National Remodeling Month

May is National Remodeling Month.  For that reason, more remodeling-related posts than usual appeared in Eye on Housing.  So, as the month draws to an end, here’s a list of all those posts for any who may have missed some of them: Remodeling Market Index Little Changed in First Quarter  May 3 Bathrooms Top Kitchens as Most Popular Remodeling Project… Read More ›

Eye on the Economy: Improvement for Housing

*Eye on the Economy is an NAHB newsletter that is published every two weeks and takes a larger view of recent economic and housing policy news. After soft economic and housing reports for February and March, recent data suggest a return to the trend of housing market improvement – a fitting theme for May, National Home Remodeling month. Leading the… Read More ›

Profile of the Typical Residential Remodeler

Data from an annual census of its members allows NAHB to construct detailed profiles of particular types of members, such as residential remodelers.  The latest census shows that in 2011, NAHB’s typical residential remodeler member had about $536,234 in total revenue, employed 6 people (4 construction and 2 non-construction workers), and started 3 housing units. The 2011 census further shows… Read More ›

The Fiscal Cliff: What it Means for Housing and Home Builders

At the end of 2012, a number of tax and spending policies are scheduled to change. Taken together, these changes may exert a strong fiscal drag on an already fragile macroeconomic environment depending on the actions of Congress. Federal Reserve Chairman Ben Bernanke calls this the “fiscal cliff.” Tax policy analysts call it “taxageddon” or “taxmageddon.” Regardless of its name,… Read More ›