National Outlook

Housing Industry Needs Some Creative Disruption

Frank Anton / Builder / May 13, 2019 Forty years ago, when I was a 29-year-old editor, I wrote my first column for BUILDER. Now, as the retired vice chairman emeritus of Hanley Wood, BUILDER’s parent company, I’m writing my last. Predictably, perhaps, I’ve decided to write about how housing has changed as well as how it hasn’t over those 40 years. Today, the owner of a home building firm is more l …

Looking For Big-Time Social Impact? Look At This Year’s Builder 100

John McManus / Builder / May 13, 2019 Our newly-minted Builder 100 data, ranking builders 2018 calendar-year unit-volume and revenue performance is here. Why does this matter, particularly as economists increasingly attest to greater uncertainty and more intense volatility as “new normals” of forward-looking observation? If construction were all that home builders do for a living, there might be s …

MBA Weekly Survey: Mortgage Applications Fall 4.3%

Mary Salmonsen / Builder / May 6, 2019 Adobe Stock / Jo Ann Snover Mortgage applications fell 4.3% on a seasonally-adjusted basis from one week earlier, according to the Mortgage Bankers’ Association’s Weekly Mortgage Applications Survey for the week ending April 26th, 2019. On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume, fell 4% from the previous …

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Local View

Danielle Leach Presents Housing Overview at NIHBA Event

Danielle Leach, Regional Director and Senior Consultant in the Midwest for Meyers/Metrostudy, presented a housing market overview at the Mega Seminar: A Building Industry Update. This event was held on May 22, 2019, and hosted by the Northern Illinois Home Builders Association (NIHBA). While Danielle highlighted the local housing market, other speakers and topics included:   Mike Benshoof, Pa …

JACKSONVILLE HOUSING 1Q19: Housing Conditions Remain Positive while Affordability Pressures Continue in the Market; Still No Signs of a Bubble

Quarterly new home starts were up only 1% YOY, while annualized starts are up 6% from 1Q18 levels. Closings are up 7% YOY for the quarter, and annual closings are up 11% over 1Q18 numbers – welcome news as increased closings help keep inventory in check. While affordability concerns remain, there are no signs of a bubble. The upside of price appreciation is that Florida is close to recovering all …

BOISE-TREASURE VALLEY HOUSING 1Q19: Lot Deliveries Increase as Production Moves to Attached Housing

Quarterly new home starts are up 3% YoY; annual starts are up 7% from 1Q18 levels. Quarterly closings are down 14% from 1Q18 numbers; annual closings are up 8% YoY Annual starts for attached (for sale) homes increased 52% compared to 1Q18; starts for detached homes are up 5% YoY Due to the increased attention of those outside of Boise, there has been an influx of home buyers come into the market o …

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