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  • Top Builder Challenges

    Builders surveyed in January 2015 ranked the most significant problems expected to face the industry in 2015. Topping the list was the Cost/Availability of Labor, an issue which has increased in importance the past two years. In 2013, 53% of builders rated Labor as a significant problem, followed by 61% in 2014 and 68% in 2015. This trend suggests an… Read More ›

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  • Wage Growth in the Home Building/Remodeling Industry

    Over the 2012-2014 period, rising job openings and employment in the residential construction industry have led to wage increases, with some occupations within the home building and remodeling sector experiencing wage growth at a rate twice the national average. According to Bureau of Labor Statistics Occupational Employment Statistics Survey (OES) data and NAHB analysis, the 2014 median annual wage of most positions in… Read More ›

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  • Increase for New Home Sales Financed by FHA-Backed Mortgages

    NAHB analysis of the most recent Census numbers reveals an increase for the share of newly-built homes financed with FHA-backed mortgages, along with a decline in cash-based sales. The onset of the housing crisis in 2007 led to a decline in the share of new home sales due to conventional mortgage financing and increases in the shares due to mortgages backed by… Read More ›

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