Contractor Law

  • NAHB 2020 “Priced Out” Estimates

    NAHB recently released its 2020 priced out estimates. The new estimates show that, if the median new home price goes up by $1,000, 158,857 households would be priced out of the housing market […]

  • Remodelers’ Confidence Increases in Fourth...

    The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the fourth quarter of 2019, up three points from the previous quarter (Figure 1). The […]

  • Existing Home Sales End Year with Solid Gain

    After a slight decline last month, existing home sales, released by the National Association of Realtors (NAR), surged to near two-year high in December. Total existing home sales, including […]

  • Age-Restricted Homes Slightly Smaller, Pricier...

    Of the roughly 875,000 single-family and 375,0000 multifamily homes started in 2018, 29,000 and 31,000, respectively, were age-restricted according to NAHB tabulation of data from the Survey of […]

  • Custom Home Building Annual Share

    According to data from the Census Bureau’s Survey of Construction (SOC), the custom home share declined to 19.5 percent of all single-family homes started in 2018—lowest since mid-2000. […]