Category: Uncategorized
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Tariffs Inflict Pain on Home Builders When They Can Least Afford It
Home builders warmed to President Trump’s return initially, especially promises to gut regulations that push up construction costs. But six weeks into his second term things aren’t going to plan for the industry, or America’s squeezed home buyers. Tariffs on Mexican and Canadian imports that came into force this week will make it more expensive…
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Sinking new-home sales deliver another blow to builders
“New home sales will continue to struggle with fewer homes coming to market due to tepid buying activity,” CoreLogic chief economist Selma Hepp said in a statement. “Even though homebuilders continue to offer buyer incentives, high mortgage rates, mixed with continued price appreciation, keep the eligible pool of homebuyers restricted to higher income individuals.” The…
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New home builds drop as builders take 'wait-and-see' approach
00:00 Brad US housing starts slowing in January as builders pull back on construction amid fears and growing fears over high mortgage rates, affordability challenges, and unsold homes. New construction fell nearly 10% to an annual rate of 1.37 million homes, falling short of Wall Street’s estimates. Here with more on the state of the…
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Sinking new-home sales deliver another blow to builders
“New home sales will continue to struggle with fewer homes coming to market due to tepid buying activity,” CoreLogic chief economist Selma Hepp said in a statement. “Even though homebuilders continue to offer buyer incentives, high mortgage rates, mixed with continued price appreciation, keep the eligible pool of homebuyers restricted to higher income individuals.” The…
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Tariffs Inflict Pain on Home Builders When They Can Least Afford It
Home builders warmed to President Trump’s return initially, especially promises to gut regulations that push up construction costs. But six weeks into his second term things aren’t going to plan for the industry, or America’s squeezed home buyers. Tariffs on Mexican and Canadian imports that came into force this week will make it more expensive…
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Christopher Homes gets the gold from Builders Show
A Las Vegas father-and-son building company was among those honored last week at the International Builders Show and Kitchen &Bath Industry Show. Luxury builder Christopher Homes received the distinction of the Gold Award as part of the Best in American Living Awards handed out by the National Home Builders Association. The shows brought a conference…
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Sinking new-home sales deliver another blow to builders
“New home sales will continue to struggle with fewer homes coming to market due to tepid buying activity,” CoreLogic chief economist Selma Hepp said in a statement. “Even though homebuilders continue to offer buyer incentives, high mortgage rates, mixed with continued price appreciation, keep the eligible pool of homebuyers restricted to higher income individuals.” The…
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Christopher Homes gets the gold from Builders Show
A Las Vegas father-and-son building company was among those honored last week at the International Builders Show and Kitchen &Bath Industry Show. Luxury builder Christopher Homes received the distinction of the Gold Award as part of the Best in American Living Awards handed out by the National Home Builders Association. The shows brought a conference…
-
Tariffs Inflict Pain on Home Builders When They Can Least Afford It
Home builders warmed to President Trump’s return initially, especially promises to gut regulations that push up construction costs. But six weeks into his second term things aren’t going to plan for the industry, or America’s squeezed home buyers. Tariffs on Mexican and Canadian imports that came into force this week will make it more expensive…
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The stock market is traumatized. The inflation report just gave it a glimmer of hope.
Recession chatter is still making the rounds on Wall Street, but cooler inflation is quelling fears of one worst-case scenario for the Fed.