Home building
Interest rate increases are affecting a lot more than just a home buyer’s ability to close on a single-family home. Skyrocketing costs for labor and materials, combined with fast-rising interest rates, are keeping buyers from building their dream homes, too. According to new nationwide numbers from the National Association of Home Builders, single-family permits were…
Business for Dallas-Fort Worth homebuilders has changed drastically since the onset of the COVID-19 pandemic. While demand for new housing stock created market conditions that had builders canceling contracts with buyers and cutting out agents, a new report from the National Association of Home Builders shows a steep decline in outlooks for homebuilders in the…
As housing affordability and attainability slip farther out of reach for American families, a contingent of building industry professionals took their concerns to Capitol Hill in mid-June. David Lehde, director of government affairs for Dallas Builders Association, led the group, which included Dallas Builders Association members who also participate in coinciding meetings at the National Association…
It’s been two years since the COVID-19 pandemic blindsided Americans, prompting us to self-quarantine, wear masks, and do the dreaded social distancing dance. Now that businesses have long-since reopened and the kids are back to school, the home is no longer just a place to crash after a hard day’s work. The grown-ups are there…
Just as the nation was starting to catch its breath in this crazy housing market, a dip in housing starts might cause another squeeze on inventory. On Wednesday, the Commerce Department released a report showing an increase in building permits after three consecutive months of falling short. However, the sector that posted the rebound was…
