News & Events
- How an NAHB Student Chapter Alumnus Found His Residential Construction Passion
Lawrence Thompson III's eye for design and architecture led him to NAHB's Student Competition. Now the project manager is working a full-time job that fits his skills and passions.
- Price Gap Between New and Existing Homes Remains Narrow in 2025
As home buyers navigate high interest rates and rising living costs, many are surprised to discover a narrow price gap between new and existing homes. In fact, during the first quarter of 2025, the median sales price of a new home was just $14,600 […]
- Labor Department Issues New Guidance on Independent Contractor Classification
The Department of Labor’s Wage and Hour Division recently issued guidance on its independent contractor misclassification enforcement. The guidance comes as the 2024 Independent Contractor Rule is facing multiple challenges in federal court, and […]
- Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022
The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal adjusted annual rate) after climbing 6.7% (SAAR) in the third quarter according to the Federal Reserve’s latest G.19 Consumer Credit report. Revolving debt—which consists primarily of credit card debt—increased at a 12.0% rate, as the level of nonrevolving debt (excluding real
- Mortgage Activity Increases after Dip in Rates
Per the Mortgage Bankers Association’s (MBA) survey through the week ending February 3rd, total mortgage activity increased 7.4% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell one basis point to 6.18%. The FRM rate has fallen around 100 basis points since October of 2022. The Market Composite Index, a measure
- Age of Housing Stock by State
According to the latest data from the 2021 American Community Survey (ACS), the median age of owner-occupied homes was 40 years. The age of the housing stock is an important remodeling market indicator. Older houses are less energy-efficient than new construction and ultimately will require remodeling and renovation in the future. Moreover, as people use
Featured Members
