A new NAHB study presents the most recent and comprehensive estimates of home building employment, including self-employed workers, by state and congressional district. NAHB estimates residential construction comprises 2.6% of the U.S. civilian workforce. https://t.co/Xjuzmzm0no
The U.S. Treasury Department today issued its second set of proposed regulations related to the new opportunity zones tax incentive established as part of the Tax Cuts and Jobs Act of 2017. https://t.co/76RZqgEaw2
OSHA has allowed the use of drones at jobsites for limited purposes. But the potential for OSHA to use drones in enforcement activities has raised concerns from home builders and other contractors. Here's what builders need to know. https://t.co/JPtjcitoCf
Trade work is becoming an attractive opportunity for high-paying salaries that don’t require a four-year degree (and the student debt that often comes with it). Of the 10 occupations expected to see the most growth through 2026, only one requires a degree. https://t.co/8YzfxSUICj
April is #NewHomesMonth. There are many reasons to buy a new home that may not be so obvious. For example, many older homes are woefully short on wall outlets. Where will the kids charge their phones? New homes have outlets everywhere! https://t.co/kFhSy7Ltmf
Home builder confidence rose one point to 63 in April in the latest NAHB/@WellsFargo Housing Market Index (HMI). “Builders report solid demand for new single-family homes but they are also grappling with affordability concerns."- NAHB Chairman Greg Ugalde. https://t.co/XHfPzYp5iD
NAHB Chairman Greg Ugalde's letter urging a federal backstop on housing finance reform was published today in the Wall Street Journal. "Privatization won’t prevent a taxpayer bailout. It virtually assures that a bailout will eventually be necessary.” https://t.co/S5An0bWlOB
According to a new report, about half of potential home buyers are willing to spend more than $20,000 to renovate a purchased home, and 28% said they would spend between $10,000 and $20,000 if they couldn't find a move-in ready home.
Over the first two months of 2019, the total number of single-family permits issued reached 116,189, a 6.2% decline from the 123,871 over the same time in 2018. Multifamily permits, however, are up 6.8% in the first two months of 2019.