Labor + Trade Relations Industry's Skilled Labor Shortage Worse Than Pre-Pandemic There were 50% more construction job openings between May and June 2021 than before the pandemic, with most positions remaining open for an...
Affordability Affordability Worsens for First-Time Buyers Buying a home remained difficult in the second quarter of 2021, but it became even more difficult for first-time homebuyers. NerdWallet...
Market Data + Trends Less Dense Areas Remain Most Popular for Buyers The National Association of Realtors says the uncertainty of the delta variant’s impact, remote work, and starting families are three big...
Leadership How to Contain Costs: Triggers and Solutions for Home Building Inflation Why cost containment is key for builders, suppliers, and trades as rising costs continue to raise home prices and threaten new-home affordability
Market Data + Trends June Annual Price Increases Reach 42-Year High CoreLogic’s most recent Home Price Index and Forecast for June shows the housing market remains strong, experiencing a price increase of 17...
Coronavirus Resources and Information Present and Future Impacts of the Delta Variant on the Housing Market The housing market’s reaction to the pandemic was unexpected, but now that the delta variant is here, how will it impact the heated market?...
Purchasing Home Building Inflation Triggers and Solutions Why cost containment is key for builders, suppliers, and trades as rising costs continue to raise home prices and threaten new-home affordability
Building Materials What Saw Mills Experienced During Lumber Price Spikes and Why Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and it might make sense to believe lumber...
Economics Federal Reserve Bank Leaders Express Worries About Housing Market The Federal Reserve has been closely watching the housing market and some are more nervous than others about the bank’s role in bond...
Economics Housing Accounts for Nearly 17% of Country's GDP Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to...