Housing Analysis

NAHB: Builder Confidence Dips on Hurricane Damage

Home builders had less confidence in housing market conditions in September. In the aftermath of Hurricanes Harvey and Irma, builders worried that ongoing shortages of construction labor and materials would worsen. NAHB Chairman Granger MacDonald said that concerns over labor and building materials were "intensified," but said that builder confidence was expected to return to high readings once rebuilding is underway.

By |2017-09-20T12:44:54-04:00September 20th, 2017|Housing Analysis|Comments Off on NAHB: Builder Confidence Dips on Hurricane Damage

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

Builder confidence in markets for new homes fell three points in February to a reading of 58. January's reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to express confidence in future sales conditions.

By |2017-08-10T02:04:17-04:00February 17th, 2016|Housing Analysis|Comments Off on New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

What’s Ahead For Mortgage Rates This Week – August 12, 2013

Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans.

By |2017-08-10T02:19:45-04:00August 12th, 2013|Housing Analysis|Comments Off on What’s Ahead For Mortgage Rates This Week – August 12, 2013