Sentences with phrase «house builders continue»

House builders continue to fall far short of targets, fully aware that if they construct too many homes they will struggle to achieve the prices they want.

Not exact matches

The construction industry is certainly recovering: housing starts were up 6.8 percent in May, builder confidence reached its highest level since 2006, and mortgage applications continue to rise.

Brown, immediate past president of the Home Builders Association of Greater Chicago and a director and officer of the Greater Chicagoland Housing Foundation, sees Lake County as an area of continued growth.

Elsewhere in the housing strategy, the theme of building new homes continues with a # 500 million Growing Places Fund, the release of public sector land for building, a # 400 million Get Britain Building investment fund, a simplified planning system and support for self builders.

«If this problem continues, SME house builders may be forced to build with alternative materials such as render or risk stalling sites for the rest of this year,» FMB chief executive Brian Berry said.

He said that on housing, Labour «bet the ranch on the private oligopoly of house builders but it's in their interests to bank land and ration housing so that house prices continue to rocket».

One of the reasons why homes may be such a hot investment is that Americans continue to demand ever larger houses, and for now, home builders are willing to accommodate that demand.

'' [The recent] uptick in production is an indicator that the housing market continues to move forward,» said Ed Brady, Chairman for the National Association of Home Builders.

While the construction outlook is unclear, until builders contribute to the overall housing stock at a more normal pace, home prices and rents will continue to rise.

«However, builders need to continue to monitor rising construction costs to keep houses affordably priced.»

«As the housing market strengthens and more buyers enter the market, builders continue to express their frustration over an ongoing shortage of skilled labor and buildable lots that is impeding stronger growth in the single - family sector,» said Robert Dietz, chief economist of the NAHB.

All of the years of builders producing lower - than - normal units continues to catch up to us, and, in most of our markets, housing that's priced right and shows well is selling very quickly.»

Housing market fundamentals were mostly positive, as builder sentiment remained strong and price appreciation continued.

«Builders» optimism continues to be fueled by growing consumer demand for housing and confidence in the market,» said Randy Noel, chairman of the NAHB, in a statement.

The backdrop of low interest rates and relatively constrained supply levels has fueled an active environment for homebuyers and this month's report reflects continued builder confidence in the housing market.

Homeownership continues to remain affordable, even as lofty prices weigh on the market, according to the National Association of Home Builders (NAHB) / Wells Fargo recent Housing Opportunity Index (HOI) report.

«While positive developments on the demand side will support solid growth in the single - family housing sector in 2017, builders in many markets continue to face supply - side constraints led by the three Ls — lots, labor and lending,» said Dietz at the show.

Going forward, single - family starts should continue to grow, consistent with the recent rise in the NAHB / Wells Fargo Housing Market Index, a measure of single - family builder confidence.

«The November sales numbers are consistent with our reports of growing builder confidence, particularly big gains in traffic to new home sites,» said NAHB chairman Granger MacDonald, «Builders are encouraged by the increased demand for housing and expect business to continue to improve in 2018.»

In this week's economic review, the 30 - year average mortgage rate climbed past 4 percent for the first time in 26 weeks, housing starts ended the year with a steep drop, and home builders continue to express confidence in the market as homebuyer traffic builds.

TORONTO Housing prices continue to rise in the Greater Toronto Area because of land shortages that are at least partially being driven by builders sitting on real estate in hopes of a rising market, says a new report.

Wholesaling lots to house builders creates a constant income for Robert to continue marketing like a real estate investor.

Home assets have always been the top household wealth builder in America; without housing wealth, it's hard to imagine a next generation that can continue to grow a robust economy for our future.

«This month's modest uptick in builder confidence comes on the heels of a four - point gain in May and is reflective of the continued, gradual improvement we are seeing in many individual housing markets as more buyers decide to take advantage of today's low prices and interest rates,» said Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla..

«The number of improving housing markets has risen for six consecutive months, and 36 states now have at least one metropolitan area on the list,» notes NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. «This indicates that despite the many challenges that continue to drag on a housing recovery — including the tight lending environment for builders and buyers — improving conditions are slowly but surely spreading from one housing market to the next.»

«Today's report is a good sign that builders are cautiously moving to replenish their depleted inventories of single - family homes in response to increasing buyer demand,» says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «In certain housing markets across the country, the momentum toward recovery is gradually building, though tough credit conditions and inaccurate appraisal values continue to weigh down that progressbuilders are cautiously moving to replenish their depleted inventories of single - family homes in response to increasing buyer demand,» says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «In certain housing markets across the country, the momentum toward recovery is gradually building, though tough credit conditions and inaccurate appraisal values continue to weigh down that progressBuilders (NAHB) and a home builder from Gainesville, Fla. «In certain housing markets across the country, the momentum toward recovery is gradually building, though tough credit conditions and inaccurate appraisal values continue to weigh down that progress.»

«President Obama's refinancing plan offers an opportunity for continued exploration of ways to aid struggling home owners and tackle the foreclosure crisis,» said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. «We look forward to working with the White House and Congress to tackle this issue and continue to make progress on foreclosures that are hampering the housing market.»

«The fact that there are 100 markets in 34 states and the District of Columbia represented on the improving list illustrates that all housing markets are local, and that the national headlines often don't apply to what's happening in a specific metropolitan area,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «In places where employment is firming up along with demand for new homes, the main factors weighing down the housing market continue to be access to credit (for both builders and buyers) and the difficulty of obtaining accurate appraisals on new construction.»

However, Crowe offered several cautionary factors that continue to put a drag on housing activity at this time — including builders who are experiencing difficulties in obtaining production credit, qualified buyers who are unable to obtain mortgage loans, inaccurate appraisals, seriously delinquent mortgages that are at least 90 days late or in foreclosure, and a limited inventory of developed lots in certain markets.

«The fact that the list of improving housing markets nearly doubled this month shows that a significant, positive trend is developing, and is even more relevant when you consider the expanding geographic distribution of the list — which now includes 31 states and the District of Columbia,» notes NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. «This trend could be even stronger if not for the numerous impediments that continue to slow a housing and economic recovery, including overly restrictive lending policies and the growing inventory of distressed properties in certain markets.»

And the real estate lobby in Washington, D.C., which includes the National Association of Realtors (NAR), the National Association of Home Builders (NAHB), and the Mortgage Bankers Association of America (MBA), would like to ensure that you continue to think about housing in a positive light as the nation's housing markets slowly crawl out of the gutter.

Lack of credit for home buyers and builders, reduced inventory, weak job growth and policy uncertainty continue to be headline threats for housing.