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Stories Tagged as

Homebuilder confidence

Years after the pandemic started, homebuilding materials are still hard to find

by Justin Ho
Feb 19, 2024
The industry's mood continues to brighten, a trade group says, but sourcing sophisticated equipment remains a challenge.
There’s currently high demand for sophisticated construction equipment, said John Kirk of the Lightpath Co.
Joe Raedle/Getty Images
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An electrical transformer shortage has big implications for housing, renewables

by Justin Ho
Sep 19, 2023
You may not think much about electrical distribution transformers, but not having them can delay entire housing developments and grid updates.
"Typically on a utility pole they’re round, and they’re at the top of the pole," said John Kirk, managing director at Embrey, a multifamily developer based in San Antonio.
Robert Nickelsberg/Getty Images
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Why homebuilders remain confident in spite of high interest rates

by Ali Budner
Jul 19, 2023
High interest rates are hitting the construction industry, but homebuilder confidence keeps growing, given the steady demand for new construction.
With existing inventory still low and mortgage rates still high, more buyers are turning to new construction.
JIM WATSON / Getty Images
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Homebuilders are feeling a bit more confident

by Justin Ho
Jul 18, 2023
Builders find there's high demand for new developments, but they're also finding it harder to convince banks to loan them money.
Despite increased confidence, homebuilders still face a number of challenges. One of those challenges is getting a loan.
Scott Olson/Getty Images
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Homebuilders' optimism keeps building

by Stephanie Hughes
Jun 19, 2023
More buyers are turning to newly constructed homes as fewer owners of existing homes choose to sell.
New houses currently make up about 1 in 3 homes for sale, a much larger proportion than in the past, housing economist Robert Dietz says.
Mario Tama/Getty Images
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Homebuilder confidence drops for 12th straight month

by Meghan McCarty Carino
Dec 19, 2022
High mortgage rates are causing homebuilders to pull back. A measure of sentiment has dropped to its lowest level since 2012.
With mortgage interest rates nearly doubling this year, homebuilders are pulling back on new projects.
Frederic J. Brown/AFP via Getty Images
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Homebuilders' confidence in housing market plummets

by Lily Jamali
Jul 18, 2022
The National Association of Home Builders' latest survey also shows that 13% of builders reported cutting prices.
In the NAHB's July survey, 13% of builders reported cutting prices to encourage sales.
Joe Raedle/Getty Images
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The CEO of homebuilders' chief trade group doesn't see shortages letting up soon

by Amy Scott and Sean McHenry
Feb 11, 2022
Jerry Howard, CEO of the National Association of Home Builders, discusses the challenges facing his industry.
An exterior of the house selected as this year's New American Home at the International Builders' Show in Orlando, Florida.
Amy Scott/Marketplace
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Homebuilders are upbeat, despite supply chain troubles

by Mitchell Hartman
Jul 19, 2021
The National Association of Home Builders' index is higher than it's been in decades, driven by strong demand and limited inventory.
Despite supply chain bottlenecks and skilled labor shortages, homebuilders are "very optimistic."
Justin Sullivan via Getty Images
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