A new YouTube video from NAHB’s Production Group features our very own Chief Economist, David Crowe, answering specific questions about the current home buying environment. Now that the recently successful home buyer tax credit program has ended, he explains, there are still plenty of good reasons to consider homeownership — including mortgage rates that are near historic lows, attractive home prices that appear to have stabilized in many markets, and an excellent selection of new and existing homes on the market.

Dave also explains some of the benefits of buying a new home compared to an existing one, the tax advantages of homeownership and more. NAHB members and HBAs are invited to view this video and use it in a variety of ways to encourage and inform consumers. Its placement on YouTube is also meant to ensure its viewing by as many consumers/potential home buyers as possible. Contact MondayMorningQuestions@nahb.org for more information.