Eye On Housing
Every year the National Association of Home Builders (NAHB) conducts a member census in order to better understand the composition and characteristics of the people who belong to its organization. In 2016, 32 percent of NAHB’s members were builders—those directly involved in home building. The remaining 68 percent were associate members—those involved in support industries and professions, such as trade… Read More ›
Builders and developers continue to report easing credit conditions for acquisition, development, and construction (AD&C) loans. On net, 30.3% of survey respondents indicated that overall lending standards on AD&C loan availability had eased in the third quarter of 2015. In the second quarter, a net share of 30.7% of survey respondents said that lending standards had eased. Since the index… Read More ›
Builders and developers continue to report easing credit conditions for acquisition, development, and construction (AD&C) loans. On net, 30.3% of survey respondents indicated that overall lending standards on AD&C loan availability had eased in the third quarter of 2015. In the second quarter, a net share of 30.7% of survey respondents said that lending standards had eased. Since the index… Read More ›
Every year NAHB conducts a member census in order to better understand the composition and characteristics of the people who belong to its organization. In 2012, two-thirds of NAHB’s members were associate members—those indirectly involved in home building. The remaining third were builder members—those directly involved in home building. Last month we gave readers an in-depth look at NAHB’s builder… Read More ›
Every year NAHB conducts a member census in order to better understand the composition and characteristics of the people who belong to its organization. In 2012, a third of NAHB’s members were builder members—those directly involved in home building. The remaining two thirds were associate members—those indirectly involved in home building. Of the 40,632 builder members, over half (58 percent)… Read More ›
One way many builders choose to bolster sales and/or limit cancellations is by providing incentives that sweeten the deal for home buyers. The popularity of these incentives, however, is very much tied to the cycles of the housing industry. A survey of NAHB’s builder members found that 36 percent are not offering any kind of special incentives in October 2013,… Read More ›
Using the Consumer Expenditure Survey (CES) data from the Bureau of Labor Statistics (BLS), NAHB Economics research shows that a home purchase triggers additional spending on appliances, furnishings, and remodeling. Such spending typically exceeds that of non-moving home owners and persists for two years after moving. The NAHB analysis compares spending behavior among three groups of single-family detached home owners:… Read More ›
This week Dr. Joshua Miller joined the staff of the Economics and Housing Policy Group here at NAHB. Among other research responsibilities, Josh will be working with NAHB’s local economic impact model, which estimates job creation and economic benefits that flow from home building. You can read the biographies of Josh and the other economics staff who contribute to Eye on… Read More ›
NAHB recently unveiled an index that tracks housing markets on the mend, the NAHB/First American Improving Markets Index (IMI). The IMI highlights the fact that housing markets are local and that there are metropolitan areas where an economic recovery is underway. The index measures three readily available monthly data series that are independently collected and indicative of improving economic conditions. … Read More ›
NAHB recently unveiled an index that tracks housing markets on the mend, the NAHB/First American Improving Markets Index (IMI). The IMI highlights the fact that housing markets are local and that there are metropolitan areas where an economic recovery is underway. The index measures three readily available monthly data series that are independently collected and indicative of improving economic conditions. … Read More ›