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New Home Sales Weaken in October

Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October.

Sales of newly built, single-family homes in October fell 5.6% to a 679,000… Continue reading

How to Become an Industry Thought Leader

As a residential construction industry expert, increasing your visibility and credibility can be valuable tools for the success of your business. One way to bolster your reputation as a housing industry thought leader is to publish a book. Writing a… Continue reading

How to Navigate Regional Costs in Construction

The construction industry has a serious need for accurate, local and real-time pricing data. Verisk, a data analytics and technology partner to the global insurance industry, is working to solve it.

On Thursday, Nov. 30, representatives from Verisk will illustrate… Continue reading

How to Maximize Profits Using Digital Media

Digital media is more important than ever in the home buying industry. And creating a website that uniquely stands out from the crowd is a difficult but necessary task.

“Today’s home buyer journey includes more digital engagement than ever before,”… Continue reading

How to Streamline Business with Hybrid Cloud Solutions

While the cloud has ushered in a new era of computing, it has also created a new wave of challenges. Enterprises today typically work with multiple public cloud technologies, creating significant integration and management burdens.

The complexity of managing these… Continue reading

Best of IBS Awards Deadline Extended

The Best of IBS Awards recognize the outstanding achievements and contributions of products and services of IBS Exhibitors in various categories of the residential building industry. These awards are a testament to innovation, quality and commitment, offering not just recognition… Continue reading

Single-Family Starts Flat in October

Single-family construction held steady in October as high mortgage rates depressed demand but more buyers turned to new homes because of a lack of existing inventory.

Overall housing starts increased 1.9% in October to a seasonally adjusted annual rate of… Continue reading

NAHB-Supported Building Codes Bill Advances in House

The House Transportation and Infrastructure Committee today approved NAHB-supported legislation that would help jurisdictions preserve local control over the building code adoption process while also encouraging communities to take positive steps to withstand and recover from extreme events.

The Promoting… Continue reading

Housing, Industrialized: Designing for Off-Site

With one slight change to his floor plan schematic, architect Ryan White increased the production of a new single-family project by 33%.

How? By shaving just a foot off the depth of the three-story, side-by-side duplex destined for an infill… Continue reading

Congress Completes Busy Week on Housing Appropriations

The Senate Appropriations Committee today approved its Transportation, Housing and Urban Development, and Related Agencies fiscal year 2024 funding bill, and the measure includes $70.06 billion for HUD.

Of particular note, the Senate bill includes $1.5 billion to sustain robust… Continue reading

Learn Tips to Stay Cool in Record Heat

A record heat wave is causing the mercury to hit triple digits on many jobsites across the country. Ensuring employees and contractors are regularly hydrated and protected from the sun during hot months is essential to the health and safety… Continue reading

Register Now for the 2023 Fall Leadership Meeting

NAHB committee and council members, delegates to the Leadership Council, members of the Board of Directors, and executive officers should make plans now to attend the Fall Leadership Meeting, Sept. 19-21, in Palm Springs, Calif.

You can view the schedule,… Continue reading

NAHB Awards Program Now Accepting Applications

The National Association of Home Builders (NAHB) has announced that its awards program is now open. The NAHB Awards Program highlights the best and brightest in the residential construction industry in a variety of categories.

Applications are now open for… Continue reading

Is Cannabis in Your Walls?

As the search for sustainable home building materials expands, some are looking at a head-turning option: cannabis. The use of industrial hemp, the name for cannabis that contains less than 0.3% THC (the psychoactive compound in marijuana), in construction is… Continue reading

Your Chance to Weigh In on Canadian Lumber Duties

Importers or purchasers of Canadian softwood lumber products who have been impacted by antidumping (AD) and countervailing duties (CVD) are encouraged to fill out a questionnaire from the U.S. International Trade Commission (ITC) (links below). Your responses could help… Continue reading

How to Minimize Risk for Your Business

Every build or remodeling project comes with risk no matter how experienced your team is. That’s why it’s important to stay ahead of the worst-case scenarios by having a detailed game plan in place.

So how can you manage these… Continue reading

Podcast: An Industry Pulse Check

In the latest episode of the Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez take a look at home building from multiple perspectives and discuss what the current business environment means for housing in the short- and long term.
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New Home Sales Jump in May

A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February 2022.

Sales of newly built, single-family homes in May increased 12.2% to a 763,000 seasonally adjusted… Continue reading

Using Outlet Boxes to Streamline Plumbing Installation

Fixture and appliance outlet boxes provide many benefits during plumbing installations for sinks, toilets, washing machines and ice makers that help expedite the installation process. Also known as rough-in boxes or mounting boxes, these play a crucial role in providing… Continue reading

Podcast: Has the Housing Upturn Begun?

In the latest episode of the Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez discuss two positive economic indices released this week: housing starts had a huge jump in May and builder confidence is in positive territory… Continue reading

How to Better Manage Your Business Budget

How much profit is your business really making? Are you juggling business operations expenses and job expenses correctly? Jake Harris, cofounder and CEO of BuildWallet, answers these questions in the latest BizTools video, “Part 3: Process Cash Flow.”

Part one… Continue reading