Contractor Law

  • Revolving Debt Expands in October

    The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through October 2019. In October, consumer credit […]

  • Basements Continue to Fall Out of Favor

    NAHB analysis of the Survey of Construction (SOC) shows that 60.1% of all new single-family started in 2018 were built on slab foundations, followed by 24.3% with a full/partial basement, and 14.3% […]

  • Millennial Housing Demand and Regional Building...

    Supply and resulting affordability challenges for millennials were highlighted in the most recent NAHB Home Building Geography Index (HBGI). The third quarter HBGI also offers more region-specific […]

  • Strong Job Growth in November

    Total payroll employment increased by 266,000 in November, while the unemployment rate declined to 3.5%. Residential construction employment was little changed (-500) in November, after an increase […]

  • Specialty Rooms Wanted by Millennial Home Buyers

    A laundry room is the most popular specialty room (anything other than a bedroom, bathroom or kitchen) among Millennial home buyers, with 86 percent of them reporting that it is a desirable (36 […]