Second-home purchases in the U.S. show signs of pulling back in the years after their pandemic peak, with more than half of national volume currently concentrated in eight states. Processing Content In 2024, the total number of second homes came in at 6.2 million, representing 4.3% of total housing stock, according to an analysis of […]
Second-home volume shrinks from pandemic-era highs Read More »
While homebuilder sentiment remains subdued after a 12-month grind that hasn’t quite let up, Robert Dietz, Chief Economist for the National Association of Home Builders, offered “guarded optimism” in his take on housing economics’ complex set of market drivers. In other words, the worst of the worst may be over, but don’t expect a switch
Wary optimism sparks new-home outlook … but grind may linger Read More »
Multifamily developers share less confidence in the state of their market sector than they did a year ago, a National Association of Home Builders’ (NAHB) Multifamily Market Survey found. High construction costs, elevated project borrowing and debt expense, stagnant rental growth and shaky consumer confidence are each culprits. The survey has two indices, one for
Multifamily developer moods sink amid high costs, flat rent growth Read More »
Homebuilding executives are starting the new year with a downbeat view of the housing market, as buyer hesitancy, shaky consumer confidence, shrinking profit margins and elevated incentives weigh on the industry. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence gauge remained negative with a reading of 37, falling two
Homebuilder confidence dips in January despite easing mortgage rates Read More »
Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence
Homebuilder confidence ticks up but remains low Read More »
Swiftbuild.ai, a technology firm developing artificial intelligence (AI) tools to streamline government permitting, is drawing interest as federal officials call for faster homebuilding nationwide. The company’s main platform, SwiftGov, is designed to help local governments reform zoning and permitting systems while keeping sensitive municipal data on U.S. servers. Swiftbuild.ai’s offering comes as President Donald Trump
AI platform aims to tackle homebuilding bottlenecks Read More »
President Donald Trump’s decision to impose steep new tariffs on imported wood, furniture and home fixtures is drawing criticism from economists, builders and housing experts who warn the move could further strain an already fragile housing market. New tariffs in these sectors were first announced Sept. 26 by Trump on social media, with further details
New tariffs on wood, furniture raise fears of higher housing costs Read More »
Residential construction spending saw its first monthly increase in six months this summer, as builders navigated their way through housing market and tariff-related challenges. While construction spending rose month over month in June, it still came in well under levels of a year ago, the National Association of Home Builders said in its analysis of
Home construction spending rises for first time in months Read More »
As the nationwide housing inventory and affordability crisis persists, a trio of experts sit down with HousingWire to detail proposed solutions. The solve? It’s multi-faceted and it comes down to fixing supply issues, changing zoning and updating regulation. Kent Colton, president of the Colton Housing Group and former CEO of the National Association of Home
Experts offer multi-faceted solutions to the housing supply shortage Read More »
New York-based Greystone Real Estate Capital has closed its first affordable housing fund, raising $103 million to finance nearly 1,000 rental units across six states. The fund — called Greystone Affordable Housing Fund I LP — will support a total of 11 developments in Louisiana, Massachusetts, Mississippi, New Jersey, Ohio and Pennsylvania. In total, the
Greystone’s $103M affordable housing fund to support rental units in six states Read More »