The Headlines: September 14, 2017

Ten Home Building industry stories we have read recently:

  • New FHA multifamily mortgage insurance applications halted in Texas disaster areas (expect delays in processing applications across the country). NAHBNow
  • How local housing regulations smother the U.S. economy (and affordable housing). New York Times.
  • Co-borrowing to afford a home is gaining popularity.  Who’s doing it and why?  MarketWatch.
  • Hurricanes Irma, Harvey boost call for flood insurance (renewal of the program).  Orlando Sentinel.
  • 70 percent of Harvey residential flood damage not covered by insurance.  National Mortgage News.
  • A devastating hurricane season exposes America’s flood insurance problem (Senator Tim Scott is quoted).  Time.
  • Labor shortage could hamper Harvey reconstruction.  Houston Chronicle.
  • The last big piece of unfinished business from the Great Recession (Fannie and Freddie).  The Washington Post.  
  • Top ten sources of softwood lumber imports (in short, Canada laps the field).  Eye on Housing.
  • Baby Boomers who refuse to sell are dominating the housing market (55 percent of owner-occupied housing is owned by people 55 years and older, the highest in history).  Bloomberg.

Did you know?  25 percent of all flood insurance policies in the U.S. are written in the state of Florida.

September 14, 2017.

The Headlines August 25, 2017

Ten Home Building industry stories we have read recently:

  1. High-end development, down on the farm (agrihoods).  NAHBNow.
  2. Could a framing lumber shortage be underway?  ConstructionDIVE.
  3. More space, better resale value: what to know about finishing your basement.  The Washington Post.
  4. DHS to add 15,000 additional H-2B guest worker visas.  NAHBNow.
  5. EPA formally withdraws national post-construction rule.  NAHBNow.
  6. Soaring lumber prices a problem for home builders, buyers.  CNNMoney.
  7. The perk companies should be offering employees: help with housing.  CNBC.
  8. South State Bank commits $100 million to low-income, minority borrowers.  Housingwire.
  9. Greer CPW to expand infrastructure near GSP.  GSA Business Report.
  10.  South Carolina builders meet with EPA leaders.  NAHBNow.
August 25, 2017.

The Headlines: August 3, 2017

Ten Home Building industry stories we have read recently:

  • Greer CPW to expand infrastructure near GSP. GSA Business.
  • Housing demand in the Southeast finds a “new normal.” NAHBNow.
  • CFPB publishes final “Know Before You Owe” rule. NAHBNow.
  • Where are older Millennials going when they leave downtown? Housingwire.
  • How the Reedy’s water quality is hindering recreation for county residents. Greenville Journal.
  • Why isn’t the housing market booming the experts expected? NPR.
  • A surprising way to increase property values: build affordable housing. The Washington Post.
  • Two major lending changes mean it’s suddenly easier to get a mortgage. CNBC.
  • Appraisers may be holding back the housing market, and that might be ok. Forbes.
  • Why Washington can’t fix the new housing crisis. Politico.

August 3, 2017.

    The Headlines: July 27, 2017

    Ten Home Building industry stories we have read recently:

    • When builders and Postmasters disagree. NAHBNow.
    • Treasury examines burdensome tax regulations with eye to repeal. NAHBNow.
    • New home sales rise by 2.9 percent in May. Reuters.
    • Existing home sales rebound in May despite record-low supply. MarketWatch.
    • Five years ago, Trump made a prediction on Twitter about housing. He nailed it. The Washington Post.
    • More than half of U.S. renters can’t afford a mortgage. MarketWatch.
    • Could the housing market meltdown happen again? Investors Business Daily.
    • Community banks account for nearly half of residential construction loans. Eye On Housing.
    • Want a $1 million paycheck? Skip college and go to work in a lumberyard. Bloomberg.
    • Top 5 mobile apps for Home Builders. NAHBNow.

    July 27, 2017

      The Headlines: July 21, 2017

      Ten Home Building industry stories we have read recently:

      • Jimmy Carter: Trump is right. Canada’s lumber trade practices are unfair. The Washington Post.
      • Builders, how do you define substantial completion for your subcontractors? Professional Warranty Service Corporation blog.
      • Deitz: slow but steady growth for housing. NAHBNow.
      • Home builders can’t find enough workers. CNN Money. (quoted: NAHB CEO Jerry Howard)
      • Real estate’s new normal: homeowners staying put. New York Times. (good news for remodelers?)
      • How tales of “flippers” led to a housing bubble. New York Times.
      • Former Chief Just offers stark reminder of South Carolina Construction Law. Midlandsbiz.
      • Worker-friendly rules scrapped by Labor Dept. USA Today.
      • Who’s powering the housing market? Surprise! It’s Millennials. NBC News.
      • Home building slowed as cities try to tame growth. USA Today.

      July 21, 2017