Pro Builder

SEPTEMBER 16, 2021

Surge in Home Remodeling: Lighting Trend Forecast. And while homeowners turned to Do-It-Yourself (DIY) projects throughout 2020 and 2021, they’ll likely leave projects such as big kitchen remodels or home office projects to the professionals, according to the Lending Indicator of Remodeling Activity. kcichowicz.

Remodeling 116

Remodeling Forecasting Electrical Renovating 116

Pro Builder

NOVEMBER 17, 2021

What To Expect From a 2022 Housing Market. After hitting a record low of 2.66% at the tail end of 2020, interest rates on 30-year, fixed-rate mortgages did rise at the start of 2021, but then hovered below 3% for much of the year. increase, while NAR is the outlier with a forecast for just 2.8% Housing Markets.

Housing 98

Housing Forecasting Equity Inventory 98

Pro Builder

NOVEMBER 17, 2022

When Can Buyers Expect an Improvement in Housing Affordability? Home prices are expected to fall by 8% in the year ahead, but according to Realtor.com, that doesn’t necessarily mean housing affordability is making a comeback. in May 2020, the group said. Thu, 11/17/2022 - 10:19. in October 2022 from 13.3%

Housing 97

Housing Income Forecasting Construction 97

BD+C

JULY 29, 2020

The design and construction outlook for Multifamily Housing is again moving in the right direction, according to the PSMJ Resources’ Quarterly Market Forecast (QMF). .

Forecasting 85

Forecasting Construction Architecture Resource 85

Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

Housing 98

Housing Inventory NAHB New York City 98

Green Building Law Update

JUNE 5, 2016

Specifically, Governor Hogan announced he was vetoing House Bill 1106 – Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions, as enacted in the just concluded 2016 Maryland General Assembly session. House Bill 1106 would have imposed an additional burden on ratepayers each year. This includes 12.7%

Maryland 149

Maryland Electrical Housing Baltimore 149

Pro Builder

OCTOBER 22, 2021

The September home sales rate exceeded the consensus forecast after a drop in completed transactions for the month of August, Bill McBride reports in his CalculatedRisk Newsletter. million in September 2020).”. Total housing inventory at the end of September amounted to 1.27 months in September 2020.”. Housing Markets.

Inventory 98

Inventory Forecasting Housing 98

Pro Builder

JUNE 4, 2020

Will Home Prices Drop in 2020? Thu, 06/04/2020 - 10:13. Low inventory and interest rates are keeping housing prices stable through 2020, but by next April, nine years of annual home prices gains may end, according to a report by CoreLogic. The real estate data company projects that prices will decline 1.3

Forecasting 52

Forecasting Inventory California Resource 52

Green Building Law Update

JUNE 5, 2016

Specifically, Governor Hogan announced he was vetoing House Bill 1106 – Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions, as enacted in the just concluded 2016 Maryland General Assembly session. House Bill 1106 would have imposed an additional burden on ratepayers each year. This includes 12.7%

Maryland 120

Maryland Electrical Housing Baltimore 120

Pro Builder

OCTOBER 5, 2020

Mon, 10/05/2020 - 09:56. While the company predicts home sales to decrease as we enter winter and into 2021, sales are still forecasted to stay above pre-pandemic levels. from August 2020 to August 2021. Buyers are still extremely keen to purchase houses, with newly pending sales up 21.8% cbroderick. Zillow thinks so.

Columbus 98

Columbus Nashville Forecasting Ohio 98

Pro Builder

SEPTEMBER 1, 2020

Tue, 09/01/2020 - 08:47. Purchases of new single-family houses climbed 13.9% The median forecast in a Bloomberg survey of economists called for a 790,000 rate of sales. New Home Sales Hit 14-Year Peak, Builders Raise Prices in Response. cbroderick. According to Bloomberg, purchases of new single-family homes jumped by 13.9%

Inventory 98

Inventory Forecasting Housing Office 98

Pro Builder

MARCH 31, 2021

I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . A month later, in March 2020, COVID-19 threw a wrench into everything, causing uncertainty across all industries. Lumber Prices—How We Got Here.

Inventory 124

Inventory Forecasting Risk Environment 124

Pro Builder

SEPTEMBER 24, 2020

Thu, 09/24/2020 - 09:44. Zillow surveyed more than 100 economists, investment strategists, and real estate experts about their prediction for the housing market. In addition, a majority of respondents believed that multifamily housing starts would not reach pre-pandemic levels until at least 2023. cbroderick. price increase.

Forecasting 80

Forecasting Inventory Housing Resource 80

Pro Builder

OCTOBER 19, 2022

Builder sentiment fell for the 10th straight month in October, as the total share of prospective homebuyers dropped to its lowest level since 2012, with the exception of two months during the Spring of 2020, the National Association of Home Builders' (NAHB) Eye on Housing reports.

NAHB 97

NAHB Forecasting Housing Contract 97

Pro Builder

AUGUST 10, 2021

Housing Prices Threaten the Federal Reserve's Inflation Outlook. Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. cbroderick. Tue, 08/10/2021 - 09:28.

Housing 52

Housing Forecasting Travel Security 52

Pro Builder

NOVEMBER 19, 2020

Thu, 11/19/2020 - 10:34. Housing starts exceeded MarketWatch economist expectations, but permitting fell short. Housing starts exceeded MarketWatch economist expectations, but permitting fell short. Economists forecasted new-home starts to hit 1,49 million and permits to hit a pace of 1.57 cbroderick.

Permits 93

Permits Construction Forecasting Housing 93

Pro Builder

MARCH 19, 2021

Mortgage Rates Return to March 2020 Levels. At the end of January, the average rate on a 30-year fixed mortgage hit a low of 2.75%—it now rests at 3.45%, the same rate as March 2020. Prices are now up over 10% from this time in 2020, according to CoreLogic, and there appears to be no letup in the gains. cbroderick. Read More.

Finance 52

Finance Forecasting Permits Housing 52

Pro Builder

AUGUST 3, 2020

Mon, 08/03/2020 - 13:00. NAHB Housing Policy Briefing. Even as the nation grapples with the economic effects of the COVID-19 pandemic , Fowke plans to continue the association’s emphasis on improving housing affordability. “We We strive to meet the housing needs of families across the economic spectrum,” Fowke says.

NAHB 98

NAHB Regulation Florida Inventory 98

Pro Builder

SEPTEMBER 16, 2020

What Can Buyers Expect from the Remainder of 2020? Wed, 09/16/2020 - 09:47. Tri Nguyen, founder and CEO of Network Capital Funding Corporation, forecasts possible changes to lending regulations, more attraction to affordable locales, and a reemergence of housing inventory. A Steady Re-Emergence Of Housing Inventory.

Inventory 52

Inventory Regulation Forecasting Housing 52

Pro Builder

DECEMBER 2, 2020

2020 Builder of the Year: True Homes—a Culture Like No Other. Wed, 12/02/2020 - 12:30. True Homes is Pro Builder 's 2020 Builder of the Year, in large part because of the home builder's purpose-driven company culture, which is yielding truly amazing results. I tell my team to consider that they’re building my mom’s house.

Charlotte 98

Charlotte Management Organization North Carolina 98

Viewpoint Construction Technology

JUNE 19, 2018

By 2020, technology adoption in construction is expected to reach 70 percent, according to a 2017 report from McKinsey Global Institute. Historically, contractors have housed their software and data in an on-premise data center, usually in the main office. In case you haven’t heard, construction software use is on the rise.

Software 200

Software Software Viewpoint Construction 200

Pro Builder

JUNE 18, 2021

Derived from a monthly survey that NAHB has been conducting for 35 years, the NAHB/Wells Fargo Housing Market Index (HMI) gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair,” or “poor.” Home buyer survey results show a similar trend of optimism and opportunity.

NAHB 98

NAHB Housing Inventory Residential 98

Pro Builder

JANUARY 7, 2022

Are We in Another Housing Bubble? Home prices were already rising before the COVID-19 pandemic struck in early 2020, but with even greater demand and lower inventory over the past two years, the median existing house price has surged to over $350,000, according to The Washington Post. Housing Markets. New-Home Sales.

Housing 52

Housing Inventory Forecasting Income 52

Pro Builder

AUGUST 9, 2021

The Housing Market's Two Biggest Challenges. Both reasons do have an effect on the market, and NAHB says materials, labor, and land are holding back housing supply. NAHB is forecasting continued economic growth in 2021, resulting in an overall growth rate just below 7% for the year, which would mark the best rate since 1984.

Housing 52

Housing NAHB Inventory Forecasting 52

Pro Builder

FEBRUARY 8, 2022

How a Housing Shortage and High Prices Are Hurting the Middle Class. Fast-rising home prices and a meager housing supply are hurting middle-class and first-time buyers incapable of expanding their budgets to keep up with a 30% year-over-year price surge since the start of the COVID-19 pandemic in early 2020, according to Realtor.com. .

Housing 52

Housing Income Inventory Budgeting 52

Pro Builder

JULY 9, 2020

Thu, 07/09/2020 - 09:50. The May Home Price Index and HPI Forecast conducted by CoreLogic predicts a year-over-year home price decrease of 6.6% If the data’s forecast of dropping prices occurs, it would be the most dramatic decrease since September 2009. Home prices in May 2020 grew 4.8% cbroderick. by May 2021.

Forecasting 52

Forecasting Alabama Arizona Florida 52

Pro Builder

JUNE 7, 2021

How overregulation is exacerbating the nation’s housing affordability crisis. Overregulation is exacerbating the nation’s housing affordability crisis. NAHB Housing Policy Briefing: How Excessive Design Standards Hurt Affordability. NAHB Housing Policy Briefing: How Excessive Design Standards Hurt Affordability.

NAHB 98

NAHB Regulation Housing Residential 98

Building Radar

JANUARY 14, 2020

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. Today a house can be printed in 24 hours.

Industrial 52

Industrial Construction Forecasting Plans 52

Pro Builder

JUNE 1, 2020

Mon, 06/01/2020 - 10:11. But the economists say that the housing market isn’t out of the woods yet as credit tightens and the inventory shortage continues to rear its ugly head. Sales were 30 per cent above the company’s own pre-crisis forecast for the month. New Home Sales, Home Builder Stocks Soar in May.

Inventory 72

Inventory Forecasting Texas Housing 72

Pro Builder

MAY 29, 2020

Fri, 05/29/2020 - 09:54. Weekly pending sales and new listings are on the rise, ending another chaotic month for the housing market on a high note. Because of these encouraging signs, Zillow adjusted its forecast from a 2.7 Partly on the strength of that rebound, Zillow’s forecast now shows an expected 1.8% Read More. .

Inventory 52

Inventory Forecasting Housing Resource 52

Pro Builder

JANUARY 7, 2021

According to HousingWire, there remains little chance for a full-on buyer’s housing market this year. The rising home prices of 2020 are predicted to continue on and although more construction will occur, it is forecasted to make little difference. Freddie Mac projects prices to rise only 2.6% — much better than 2020’s 5.5%

Bargains 52

Bargains Inventory Forecasting Housing 52

Pro Builder

JANUARY 6, 2021

Just as single-family home sales and construction boomed in 2020, master-planned communities did as well, experiencing 40% increases in average sales. Once again, The Villages in Florida won the top spot for top-selling master-planned communities of 2020. is the top-selling community for multigenerational living. Read More. .

Plans 52

Plans Forecasting Florida Housing 52

Pro Builder

JULY 7, 2021

The demand for mortgages, both to purchase and refinance, declined for the second consecutive week and sank to the lowest level since before the coronavirus pandemic started in early 2020. . Refinance demand has trended lower than 2020 levels for the past four months. . Applications overall decreased 1.8%

Forecasting 52

Forecasting Contract Housing Industrial 52

Pro Builder

AUGUST 3, 2021

CoreLogic’s most recent Home Price Index and Forecast for June shows the housing markets continues strong, experiencing a price increase of 17.2% compared to June 2020. in June 2021, compared to June 2020. Communities with single-family detached houses fill this need. cbroderick. Tue, 08/03/2021 - 10:02.

Inventory 52

Inventory Forecasting Housing Risk 52

Pro Builder

OCTOBER 27, 2021

Mortgage rates for the month of October have reached the highest level in eight months, triggering the slowest pace of refinance activity since January 2020. The increase in rates triggered the fifth straight decrease in refinance activity to the slowest weekly pace since January 2020. Housing Markets. Financials. Financials.

Forecasting 52

Forecasting Contract Housing Industrial 52

Pro Builder

AUGUST 6, 2020

Thu, 08/06/2020 - 13:16. Plus, industry experts and media pundits alike were abuzz with forecasts of another banner year in 2020. . Then, out of left field, came March 2020. Catalytic Disruption as COVID-19 Becomes a Mainstay of 2020. Housing trends will continue to vary in coming years. cbroderick.

Modeling 84

Modeling Safety Office Housing 84

Pro Builder

JUNE 10, 2021

After a decline in construction during 2020, multifamily construction has bounced back during the first quarter of 2021. from the last quarter of 2020 to the first quarter of 2021. The NAHB forecast assumes some rollback of housing demand to medium density markets, particularly during the second half of 2021.

Metro 52

Metro NAHB Construction Forecasting 52