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The State of Housing Market Trends for September

Pro Builder

Realtor.com breaks down last month’s performance of residential real estate by analyzing inventory, active listings, new listings, days on the market, median listing price, and the share of homes that had their prices reduced. Active listing inventory is historically low but the gap compared to last year continues to shrink.

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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . percent in 2019 to 10.9

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00. Leadership.

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Survey Finds 67% of Americans Have Some Buyer's Remorse

Pro Builder

The number of homes on the market has fallen by about 55% from September 2019, when it last peaked, according to residential listing data from Realtor.com. In March and April this year, inventory fell below half a million active listings after a three-year average of 1.3 million from 2017 through the end of 2019.

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2020 Housing Giants Report: The Magnificent Middle

Pro Builder

of all home closings in 2019, while the market share among the top 20 continued to grow … often by gobbling up well-run and profitable builders occupying the ranks below them. . Previous: 2019 Housing Giants Report. . winner of an NHQ Gold Award in 2019 , which rose four places to No. And why should they? Then there’s No.

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Persistent Supply Chain Issues Hold Builders Back

Pro Builder

Demand for new homes remains high as existing home inventory rests at record lows, but builders continue to hit roadblocks from building materials and supply chain issues. In 2020, starts were up 11% from 2019 levels. Persistent Supply Chain Issues Hold Builders Back. cbroderick. Mon, 04/26/2021 - 09:27.

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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Accomplishments • Becoming president of Boone Homes, effective April 1, 2021 • 670 new lot acquisitions since October 2019 • Directly responsible for acquiring three new communities consisting of 148 developed lots and a potential 522 lots from three raw land acquisitions • Winner of multiple awards from the Home Building Association of Richmond.