Housing Developments: Recent Episodes
NAHB
Get the latest on the U.S. housing market, economics, and housing policy advocacy from National Association of Home Builders CEO Jim Tobin and SVP Paul Lopez.
Housing Developments welcomes two economists, Danielle Hale of Realtor.com and Robert Dietz of NAHB, to discuss the outlook for the housing market in the face of the good (market demand), the bad (additional tariffs), and the ugly (gov't shutdown).
Housing Developments looks at the consequences for the housing industry of a government shutdown, including loss of flood insurance which may delay closings. Also, a review of the latest economic data and developments, including the Fed's rate cut last week.
NAHB explores how the rest of the year looks as Congress gets ready to return to Washington next week. Plus, what does the "Trump Economy" look like?
Council of Federal Home Loan Banks CEO Ryan Donovan joins Housing Developments to spotlight how the home loan bank system can support housing development, especially affordable housing, and what the system is doing for the economy.
On Housing Developments, NAHB delves into the specifics of the Big Beautiful Bill and what it means for the housing industry and small businesses.
Housing Developments welcomes NAHB Chief Economist Dr. Robert Dietz and Chief Advocacy Officer Ken Wingert for a mid-year check in on key economic indicators and NAHB policy priorities driving home building for the rest of 2025.
NAHB Members Meet in DC to Advance Housing Strategy by National Association of Home Builders (NAHB)
With Job Corps operations ceasing, Housing Developments looks at the landscape for construction training programs in the absence of this critical program. Also, hear the latest about NAHB's Legislative Conference next week.
The Big Beautiful Bill is the hot topic in Washington and NAHB looks at the impact the bill's provisions may have on housing. Warning: Extreme tax policy discussion ahead! Also, we discuss the new tariff regime that has settled at 10%.
The small contraction in the American economy in the first quarter took many by surprise, but NAHB economists have a more reasoned view of the current environment. Also, NAHB is fighting local resistance to new housing who want more housing, just not near them.
Some significant housing data dropped this week and it was a case of good news/bad news. The end result is a housing market that is weird for builders, buyers, and sellers.
After a wild week on Wall Street and in Washington, NAHB looks at the effect of the 90-day tariff pause and the timing of it happening right as the Spring home building and buying season kicks off. Also, Housing Developments welcomes Tammie Ross to discuss her new book, Breaking Ground, Breaking Glass Ceilings: A Guide for Finding Success in Male-Dominated Industries.
NAHB 2025 Chairman Buddy Hughes shares what he’s hearing from NAHB members and his plans for the Federation this year, which include a focus on easing the regulatory burden of home building and onerous building codes.
Housing Developments delves into advocacy updates from this past week, including Chairman Buddy Hughes' testimony before Congress, President Trump's joint address to Congress, impending deadline for the continuing resolution, and tariff activity.
The Housing Developments podcast is coming live from the convention center in Las Vegas at the 2025 International Builders' Show. It has been an amazing conference.
Housing Developments explores three key housing issues — immigration reform, home insurance and tariffs — that will be front and center leading up to and during the 2025 International Builders’ Show in Las Vegas, Feb. 25-27.
NAHB discusses the whiplash of activity on the Trump administration’s tariff and immigration policies, and NAHB’s advocacy efforts to work with the administration on solutions. Also, get the latest news on the 2025 International Builders' Show in the Builders' Show Insider segment.
Housing Developments discusses President Donald Trump’s initial days in office as he kicked off his second term with a focus on housing. Also, hear the latest on the 2025 International Builders' Show in Las Vegas, Feb. 25-27.
On NAHB podcast Housing Developments, we remember Jimmy Carter as a true housing advocate and discuss how a new Congress might pass Trump's agenda early through reconciliation. Also, an update on NAHB's other advocacy efforts.
NAHB CEO Jim Tobin and COO Paul Lopez discuss the latest economic data, what to expect in the year ahead and the transition to the Trump administration.
YIMBY movement in local government? Housing Developments is joined by Josh Schoemann, county executive for Washington County, Wis., to discuss his Next Generation Housing Initiative to help builders build entry-level homes and increase housing opportunity.
NAHB CEO Jim Tobin and COO Paul Lopez are traveling in New York to do multiple media appearances. Media interest in housing and NAHB has spiked after the election with many outlets wondering how a Trump administration will impact housing production.
After a prolonged period of national anxiety over potential delayed election results and court challenges, the election results last night showed a clear and definitive winner. NAHB CEO Jim Tobin and COO Paul Lopez discuss what a second Trump Administration and friendly Congress will mean for housing production.
It's Young Professionals Week (YP Week) in the NAHB Federation, a week where we focus on the valuable contributions from younger NAHB members. Housing Developments sat down with an NAHB YP recently to discuss how membership helps early in a career.
Housing Developments sits down with Ken Wingert, NAHB's new Chief Advocacy Officer, to discuss the robust advocacy environment in the housing industry in the coming months and years. Wingert is a long-time advocacy professional in the real estate space.
Housing Developments welcomes on show sponsor LG Pro Builder, a specialty program from electronics giant LG focused on home builders. In addition to the usual economic and political update, hear how suppliers and builders can work together to ease bottlenecks and supply chain disruptions.
The Fed slashed its benchmark rate yesterday by 50 basis points, a move considered to be aggressive by most. What impact will this have on the housing market, for both home buyers and for home builders using construction loans?
Isn't the cost of housing one of the major issues plaguing the country right now? Then how was it not discussed in length during the recent presidential debate?
NAHB's Chief Economist, Dr. Robert Dietz, joins Housing Developments to discuss the nuance of the Fed acting boldly on interest rates in the height of a hotly-contested election. How can officials execute effective policy while not getting accused of playing favorites? And how is that election looking? Find out on Housing Developments.
NAHB CEO Jim Tobin and COO Paul Lopez talk about the latest developments in the upcoming election, some interesting housing data, and U.S. trade officials' ongoing battle to make Canadian lumber as expensive as possible for U.S. builders.
After one of the most tumultuous two-week periods in American political history, the 2024 presidential election will feature a Harris vs. Trump race. With about three months before voting begins, both sides will be scrambling to define each other in a literal "anything goes" campaign.
President Biden has been tap dancing around rent control until recently, when he made public a proposal to pressure multifamily management companies to cap rent increases at 5% each year. Also, the NAHB Senior Officers are in Milwaukee for the Republican National Convention and this week has seen some mixed housing data.
The landmark Chevron deference case decided by the Supreme Court this week could lead to more clarity in laws passed by Congress. What's certain is the sky isn't falling. And how about the first Presidential debate? What might it mean for the next few months?
CEO Jim Tobin and COO Paul Lopez touch base on the success of NAHB’s Legislative Conference during the 2024 Spring Leadership Meeting and highlight recent data from NAHB’s Economics team.
Live from NAHB's Spring Leadership Meetings in Washington, CEO Jim Tobin and COO Paul Lopez talk to Lori Asaro, an NAHB member who took a cross-country road trip to the meetings, stopping at state and local builders associations on the way. Hear about her trip and some of the high points of the meetings.
This week, Housing Developments discusses the upcoming NAHB Legislative Conference, a day of lobbying next week for members. Also, hear Jim Tobin and Paul Lopez talk about the latest housing and political news, including the impact of Donald Trump's conviction on the 2024 election.
NAHB CEO Jim Tobin and COO Paul Lopez reflect on the past year in the home building industry as Tobin celebrates his first year as NAHB CEO. It has been a tumultuous year for housing, but NAHB has taken concrete steps to improve conditions for members and set the organization up for long term success.
New home sales declined in April, the height of the spring buying season, as home prices and mortgage rates crush pent up demand. This new reality is coloring conversations between NAHB and lawmakers in advance of NAHB's Legislative Conference lobbying day, where 1,000 members will attend meetings on Capitol Hill.
Recent data shows that housing production and sales are taking a hit from high interest rates and limited availability. NAHB continues to push for better building conditions at all levels of government and in the national press.
Two new rules from HUD that add more layers of uncertainty to the use of federal mortgage programs for new homes are the topic of the day on Housing Developments. At a time when financing a home is the most costly in a generation, the federal government is throwing up hurdles.
Housing Developments welcomes back NAHB legal expert Tom Ward, who accurately predicted the outcome of a huge decision by the U.S. Supreme Court in a case on local impact fees in housing development. Ward will explain the affect of the ruling. Also, what can builders expect in the wake of a large settlement by the National Association of Realtors over the group's commission structure?
NAHB leaders Jim Tobin and Paul Lopez discuss the most recent Housing Market Index (HMI) and housing start data showing flat results. They also talk about the upcoming legislative conference which is highly anticipated among members and lobbyists.
Jim and Paul welcome Lake Coulson, head of NAHB lobbying, to the program to discuss some recent wins from the government affairs team and the shape of Congress as the elections heat up.
Jim and Paul discuss a very positive couple of weeks in housing news, economic data, and attention from politicians. Housing is now a priority at every level of government.
Newly appointed NAHB Chairman Carl Harris joins Housing Developments in Washington as he is in town to attend President Biden's State of the Union address. Harris discusses his vision for his 2024 Chairmanship.
The Housing Developments podcast is live in Las Vegas for the 2024 International Builders' Show. As Day 1 wrapped, Jim and Paul talk to members of NAHB's Leading Suppliers Council and discuss the upcoming election, economy, and more.
NAHB is live from New York this week as CEO Jim Tobin and COO Paul Lopez wrap up a number of cable news appearances to talk about the housing market and broader economy in 2024.
Jim Tobin and Paul Lopez discuss the latest developments on Capitol Hill, including House passage of the American Families and Workers Act of 2024. The nearly $80 billion tax package would expand the federal child tax credit and enact a number of other business-related provisions, including strengthening the Low-Income Housing Tax Credit (LIHTC).
On the latest episode of NAHB’s podcast, Housing Developments, sponsored by LG Pro Builder, CEO Jim Tobin and COO Paul Lopez break down the latest housing numbers, provide insights on the 2024 election, and highlight key congressional funding areas NAHB continues to actively advocate to secure during the ongoing budgeting process.
Jim Tobin and Paul Lopez welcome Tom Ward, NAHB VP of legal advocacy, to discuss a huge case argued yesterday at the U.S. Supreme Court on impact fees charged to home builders, home owners and developers. The group also discusses the latest on Capitol Hill, including potential moves to avert a government shutdown.
NAHB Chief Economist Dr. Robert Dietz joins Housing Developments to discuss the Federal Reserve’s decision this week to leave interest rates unchanged, and what to expect in 2024 and beyond in the housing and real estate market.
Housing Developments discusses an important bipartisan bill up for a vote in Congress that would give home builders and local governments flexibility in rebuilding after natural disasters. Jim and Paul also discuss the broader economy and the increasing likelihood of the Federal Reserve getting its “soft landing.”
NAHB SVP of Exhibitions & Meetings Geoff Cassidy joins Housing Developments to talk about some exciting developments in the preparations for the 2024 International Builders' Show in Las Vegas, Feb. 27-29.
On today’s episode of Housing Developments, NAHB CEO Jim Tobin and SVP Paul Lopez dive into the latest policy discussions on Capitol Hill and within the administration that could impact your business and share how NAHB is advocating for its members.
NAHB Chief Economist Rob Dietz joins Housing Developments to unpack the Fed's recent announcement on a pause in interest rate hikes, conflicting housing data, and much more.
NAHB CEO Jim Tobin and SVP Paul Lopez discuss the latest inflation numbers and what it means for housing, the economy’s impact on remodeling, and, of course, the current Speaker drama on Capitol Hill.
NAHB Chairman Alicia Huey joins Housing Developments to discuss how her business as a home builder has been impacted by the issues NAHB is focused on, like funding the National Flood Insurance Program and Job Corps.
With a government shutdown imminent, NAHB CEO Jim Tobin and SVP Paul Lopez discuss the politics of the impasse and the very real impact government shutdowns have on the home building and real estate industries.
Housing Developments discusses the latest housing numbers and make predictions on the impending government shutdown. They also talk to a software developer and a fourth-generation builder about how they navigate today’s market and why NAHB membership is important to them.
Housing Developments discusses a joint legislative activation by NAHB and the Home Builders Institute on Republicans' efforts to defund Job Corps. At the same time, a Labor Department rule on overtime for salaried workers is getting a lot of attention.
NAHB's environmental expert joins Housing Developments to discuss the new Water of the U.S. rule released this week by the EPA. The rule did not get stakeholder input and does not answer key questions. In fact, it creates two separate WOTUS compliance schemes across the U.S.
Live from NAHB's Association Management Conference, Jim Tobin and Paul Lopez are joined by two leaders of state and local associations as they discuss issues seen by their members. They also discuss tonight's Republican Presidential debate.
Dr. Robert Dietz joins Housing Developments to discuss a potential policy mistake from the Fed, the state of residential construction job openings, and more.
The U.S. economy is hot right now, posting surprising growth numbers in the second quarter. The weather is also hot, and NAHB has resources to help keep workers safe this summer.
NAHB's Housing Market Index (HMI) showed another uptick in home builder confidence, although very slight in July. The market has improved for new home construction, but high interest rates are keeping demand in check for now.
NAHB CEO Jim Tobin and SVP Paul Lopez take a look at home building from multiple perspectives – economic, policy and regulatory – and discuss what the current business environment means for housing in the short and long term.
Some very positive data from the residential construction industry hit news this week. NAHB economists have said a rebound in home building is possible in the short term. Is this the beginning?
NAHB CEO Jim Tobin and SVP Paul Lopez explain NAHB's position on recent efforts to regulate gas appliances out of the market. The two also discuss pressing legislative issues now that Congress is working again and wrap up a busy week in Washington with NAHB's spring meetings, legislative conference, and the Innovative Housing Showcase.
NAHB CEO Jim Tobin and SVP of Communications Paul Lopez welcome their first guest under the new podcast format: NAHB VP of Legal Advocacy Tom Ward. Tom explains some complicated developments in the world of housing.
Hosts Jim Tobin and Paul Lopez discuss the impact of the still-fresh Supreme Court ruling undoing much of the Biden Administration's Waters of the U.S. rule. The pair also talk about some more positive data in the housing industry and the political landscape heading into summer.
Housing Developments returns with incoming CEO Jim Tobin sharing his vision for the future of NAHB with co-host Paul Lopez, NAHB's SVP of Communications. Also, hear an update on developments on Capitol Hill.
It looks like we all have to worry about the debt ceiling for a little while -- again. Does the debt ceiling bill passed by the House have anything for the housing industry?
The FHFA's new fee structure for mortgages backed by Fannie Mae and Freddie Mac has caused a lot of confusion and speculation in the market. The FHFA recently clarified some of the changes.
New homes sales jumped nearly 10% in March compared to February as the spring buying season finally arrived. The total was still lower than the pace in 2022, but not by a lot.
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter posted a reading of 70, edging up one point compared to the previous quarter. This reflects continued optimism from remodelers as homeowners look to improve rather than move.
Overall, housing starts decreased 0.8% in March, according to the monthly report from HUD and the Census Bureau. Single-family starts increased 2.7% but remains lower than a year ago. NAHB sees a turning point for single-family construction occurring later this year.
Home builder confidence ticked up one point in April to a still-low 45. But still, it's four straight months of improving sentiment, bolstered mainly by growing home buyer demand. NAHB Chief Economist Rob Dietz explains further.
NAHB economic staff analyzed recent government data on employment and found some interesting trends in construction employment after the pandemic.
Baby boomers bought more homes in 2022 than any other generation cohort for the first time since 2012, supplanting Millennials for the top spot. Meanwhile, home listings are down even as mortgage rates ease.
It's a relatively quiet week in D.C. on the legislative front. Home builders are waiting to hear from the U.S. Supreme Court as their decision on Biden's Waters of the U.S. (WOTUS) rule will ultimately determine the fate of the requirements.
We say goodbye to March and the first quarter of 2023 with a roundup of recent housing industry data.
Home builders have scored some legislative victories in Washington over the last 48 hours as NAHB and other groups focus on barriers to home production.
The price of lumber has fallen to near pre-pandemic levels, a good thing for home builders and buyers. But some building materials, most notably concrete, have seen prices remain stubbornly high, and continue to increase.
The Small Business Administration (SBA) issued a strong rebuke to the Department of Energy's transformer rule after NAHB voiced its strong concerns at a recent SBA forum, and Herb Kohler continues to give back to the housing industry.
We check in with NAHB Chief Economist Rob Dietz to get his view of the Fed's recent activity and his forecast moving forward.
New home sales were up ever so slightly last month, but given that the Fed just raised interest rates again, we might be seeing a slow spring season.
Existing home sales surged in February, but in a bit of good news, the median sales price was DOWN slightly from a year ago. Also, the new WOTUS rule is in effect, but the Supreme Court will soon weigh in.
Home builder sentiment was up in March for the third straight month. But the good vibes come with a whole lot of caveats as turmoil in the banking sector has builders keeping a watchful eye.
Will the ongoing banking crisis have an impact on the housing market? Probably, as it might provide the Fed with a pretext to slow or pause its interest rate campaign.
New home sales beat expectations and rose more than 7% in January. And NAHB senior economist provides context. Also, newly-elected NAHB 3rd Vice Chairman Bill Owens shares his vision for the Federation.
There were some notable declines reported today in housing market data. One good -- the FHA is lowering mortgage insurance premiums for first-time home buyers -- and one bad -- a decline in home sales.
Despite optimism from builders, several markers indicate that 2023 is off to a slow start.
On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin provide a recap of a successful 2023 International Builders’ Show, an economic overview for the year ahead and insights into the 2024 presidential race.
As we head into the prime spring building season, home builders are growing more optimistic about the market in 2023. It's a cautious optimism, but optimistic nonetheless.
Consumers got a little love on Valentine's Day, as inflation cooled in January, albeit at a slower pace than the previous month. It was probably not enough to stave off another interest rate increase, but the Fed's tightening cycle is clearly nearing its end.
Housing affordability is at its lowest point ever, which should surprise no one. But on the bright side, politicians from both parties are now focusing on the issue, as the powerful Senate Banking Committee devoted its first hearing of the year to housing.
Potential home buyers desperately need more homes to choose from and home builders desperately want to build homes. What's getting in the way? The usual.
New NAHB Chairman Alicia Huey joins The Daily Drill to talk about the issues facing the housing industry and previewing her testimony to Congress tomorrow on the administration's water rules.
NAHB's International Builders' Show wrapped last week and it was one of the largest conventions ever. And the mood around the show was surprisingly upbeat as positive economic news came in.
Existing home sales fell in December to the slowest pace since 2010 in the depths of the Great Recession. Mortgage rates are the main culprit.
Let's talk about an oddly-positive housing starts report that showed some strength in single-family home building.
The NAHB/Wells Fargo Housing Market Index (HMI) showed the first increase in home builder confidence in a year. Are we seeing the bottom of the home building slowdown?
A boost in consumer confidence ends a good week of economic data. If inflation is easing and consumers are more confident in the economy, what will the Fed do with interest rates?
Let's take a look at the positive inflation report from this morning showing that consumer price inflation is slowing. NAHB Chief Economist Rob Dietz shares his forecast on how the Fed will react.
There has been data released recently that suggests inflation is cooling rapidly, meaning there is a chance the Federal Reserve reverses its monetary policy as soon as this summer. A pipedream? Maybe, but the data doesn't lie.
Now that the U.S. House of Representatives has a Speaker, Congressional business can commence. What will a change in party control in the House mean for housing?
While Congress continues to be paralyzed by the House's search for a Speaker, the U.S. economy showed signs of resilience with some very good jobs data. NAHB Chief Economist Rob Dietz explains.
The U.S. House of Representatives has seen its business paused as the new Republican majority attempts to elect a Speaker. Will this impact legislation and the other work of Congress? Also, a report noted that residential construction spending declined in November, no surprise given current conditions.
Happy New Year! Or will it be? The Biden Administration announced a change to water rules last week on the last business day of 2022, one that will have a huge impact on home builders and developers.
It was a busy week for housing data in the run-up to the holidays, culminating in new home sales today. Everyone have a safe and happy holiday season, and we'll see you again in 2023!
Despite the Fed's best efforts, employment continues to be strong, including in the construction sector.
Existing home sales came out today, and they fell again, as they have all year. Also, Congress is trying to get a spending bill through before the holidays, blizzard, and a change of power.
Housing starts and permits came out today, and the news isn't great. Hear from NAHB Chief Economist Rob Dietz as he explores what 2023 might look like in home building.
Home builder confidence declined again in the December reading of the NAHB/Wells Fargo Housing Market Index (HMI). But there are some indications that sentiment might be nearing its bottom in the current cycle.
The Producer Price Index showed a decline in building material prices in November after falling in the previous two months with lumber returning to pre-pandemic prices. But there is still volatility in materials prices as we head into winter.
All eyes will be on Washington this week as the Fed will meet to decide how much to increase interest rates and Congress tries to avert a government shutdown before the holidays.
It was a busy week in housing news, so let's recap the top stories as Congress settles into a lame duck session and the economy tries to find its footing.
Soaring interest rates are crushing the real estate market causing many home builders to increase incentives or lower prices, which was the whole point in the first place, right?
Transformers are a problem! Not the robot/cars of 80s TV and 00s movies, the complicated equipment that converts and routes electricity at power stations. They are in short supply and it's becoming a huge issue for land development and home building.
When is robust hiring seen as a bad economic sign? When the Fed wants to reduce inflation by forcibly sending more Americans to the unemployment line, that's when.
Congress returns this week for a lame duck session that will see a sprint to pass Democrats' priorities before Republicans take control of the House.
The declining market for new homes purchases is driving up the share of single-family homes being built for rent. Have a happy Thanksgiving; the Daily Drill is taking next week off. We'll see you again on Monday, Nov. 28.
Yesterday, we said that home builder confidence was down, which would lead to fewer housing being built. Today, government data showed that home starts did indeed fall last month and are down more than 7% year to date. See, we know what we're talking about!
The NAHB/Wells Fargo Housing Market Index (HMI) declined again in November for the 11th consecutive month to a decade-low reading of 33. Rising interest rates and stubbornly high home prices are pushing buyers out of the market and home builders are feeling the effects.
Get ready for a crazy week! We should finally have some clarity on the balance of power in Congress. But all eyes are on Tuesday, as the GOP will press forward with leadership votes and there might be an announcement from a particular Florida man.
The markets sure did like the inflation data this week showing a slowdown in price gains. Mortgage rates may follow. Also, there was interesting data on manufactured housing demand from a recent poll. Check it out: https://morningconsult.com/2022/11/10/manufactured-housing-investment-dwelling-units-mobile-homes/.
The NAHB/Wells Fargo Housing Opportunity Index (HOI) showed that housing affordability is at its lowest level in 10 years, a surprise to no one.
Tomorrow is election, and beyond the results on the tickets, things could get interesting in Congress.
First-time home buyers are becoming increasingly older and rare in the current housing market, as home prices continue to stay near record highs and interest rates soar.
How are the 2022 midterm elections going to shake out next week? NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their predictions for the balance of power and impact on housing.
The Fed raised interest rates by 0.75 basis points yesterday, as expected. Chair Powell's remarks have caused some market turmoil as he indicated rates might need to go higher than previously thought to combat inflation. But there is some nuance that is being overlooked in those remarks. More at https://eyeonhousing.org/2022/11/an-end-to-large-rate-hikes-from-the-fed/
The Fed will raise interest rates today, probably by 0.75 basis points. But what signals will Chair Powell provide in his remarks to indicate the Fed's actions moving forward? In a related note, building material prices are coming down.
Homeownership is still highly desired in the U.S., with most adults saying that owning a home provides security and financial stability.
The GDP numbers last week brought some good news as the economy did better than expected in Q3. But housing's share of GDP shrunk as soaring mortgage rates are weighing on the housing market.
A debate is underway in Washington over the Low Income Housing Tax Credit and a great piece in Roll Call covers it (https://rollcall.com/2022/10/25/lawmakers-advocates-eye-year-end-bills-for-housing-credit/). Also, a Silicon Valley startup is looking to change the way apartments are rented.
More prospective home buyers seem to be interested in new homes, according to the latest NAHB survey. With existing home inventory so low and interest rates going ever higher, many may be thinking purchasing a new home now rather than later is the best option.
New home sales data was released today and to the surprise of exactly no one, the numbers are terrible.
A quick look at the dismal existing home sales data released last week. And if you're travelling to Kansas City for the NAHB Fall Leadership Meetings, we'll see you soon!
Housing Development talks to Black Buffalo, a company focused on manufacturing large-scale 3D printers for use in home building. Listen to find out more about the prospects for widespread use of 3D printers for homes.
There is a shortage of electrical transformers needed to bring energy to homes, delaying housing construction all over the country. NAHB is urging the administration to act now.
Let's talk about data! Housing starts are out for September, and they were down. We explore what that means. Also, we take a look at building material prices.
NAHB's measure of home builder confidence, the Housing Market Index (HMI), fell dramatically in October to a reading of 38, well below a healthy level. Rising interest rates, continuing supply chain issues, and stubbornly high home prices are eating into consumer demand and builder confidence in the market for new homes.
It's a busy week for housing economic data, as NAHB's Housing Market Index, housing starts, and existing home sales all drop this week for the last time before the elections.
Inflation is stubbornly resilient, even as the Fed tries its best to tip the country into recession. But the Biden Administration should focus on housing, as it is a main driver of inflation.
Ongoing drought conditions in parts of the U.S. could start affecting supply chains, as the waters of the mighty Mississippi River fall to near unnavigable levels.
The Labor Department has proposed a new rule that will change the way independent contractors are classified. This could have a huge impact on home builders, as they are often called "contractors." We'll see what's in the text.
The availability of water may be a factor in deciding where new homes are built, according to a new poll by Morning Consult commissioned by NAHB. Many homeowners think the location of new homes will be impacted by how much water is available.
State and local governments are beginning to take bold action on the housing crisis. The study referenced in the episode can be found athttps://csba.org/workforcehousing.
Housing affordability is now front and center in the minds of most policymakers, especially as rents rise. Solutions are popping up all over the country. Articles referenced in today's episode: https://www.texastribune.org/2022/10/06/texas-housing-crisis-shelters/ https://www.theatlantic.com/ideas/archive/2022/10/california-accessory-dwelling-units-legalization-yimby/671648/ https://www.wsj.com/articles/housing-conversions-will-be-a-fix-for-empty-officesbut-not-yet-11664883720 https://thehill.com/opinion/finance/3673397-a-three-point-proposal-for-bipartisan-action-on-affordable-housing/
The labor market is beginning to weaken as the economy slows due to monetary policy, but the construction labor market remains robust. Also, an interesting op-ed in the New York Times today explores what California is doing to address their housing crisis. Read it at https://www.nytimes.com/2022/10/04/opinion/california-housing-crisis.html.
Material prices are declining, but these price drops are happening for a reason - namely, lower spending on single-family construction.
Congress averted a government shutdown late last week with temporary funding, per usual, and damage assessment from Hurricane Ian reveals the importance, and limitations, of building codes.
Weekly wrap up the biggest news in housing, plus the Supreme Court is slated to hear a case involving Waters of the U.S., a big deal for developers.
The impact of Hurricane Ian is just beginning to become apparent as the sun rises. NAHB has disaster response resources to help local HBAs and builders rebuild devastated homes. And the first webinar on the Inflation Reduction Act was held yesterday.
While new home sales were up last month, contract cancellations also spiked. And if the economy does slip into recession, could that help the real estate industry going into 2023?
New single-family home sales surged in August. But there's a pretty big catch with those numbers.
Rents are starting to fall in many areas of the country, following home prices. And Congress focuses on avoiding a government shutdown this week.
The day the Fed raised interest rates another 0.75, NAHB CEO Jerry Howard attended a high-level policy meeting at the White House.
Happy Fed interest rate hike day! Everyone knows rates are going up today, but what will Chair Powell say in his remarks? Also, home sales are turning south.
Housing starts increased in August by a surprising amount. What was behind the uptick? It was probably just a correction...and lots of apartments being built.
To kick off a busy week for housing data, the NAHB/Wells Fargo HMI fell for a ninth straight month, and is underwater at 46. Hear more about the economic indicator in today's Daily Drill.
With all the talk of the national housing market, how are individual local real estate markets projected to fare over the next year?
Jerry Howard and Jim Tobin talk with Kevin Harris, of AGS Stainless, about the benefits of offsite fabrication of metal products in home building. Tune in to learn how the innovative products help streamline the construction process during the industry's skilled labor shortage.
What impact would a rail strike have on housing if a deal isn't finalized today? Significant, as home builders rely on railroads to deliver lumber.
The victory lap from the White House on the Inflation Reduction Act was ill-timed, given the inflation reading released yesterday and the market's reaction.
Lots for new homes are reaching record high prices in some areas of the country, contributing to the ongoing housing affordability crisis.
Student loan forgiveness may be good for the housing market, according to a new survey, and lumber prices continue to fall.
Welcome to The Daily Drill, a new daily feature of Housing Developments covering important news in the housing industry in about two minutes.
Jerry Howard and Jim Tobin welcome Chief of Specially Adapted Housing for the Department of Veterans Affairs (VA), Jason Latona, to discuss his work assisting eligible veterans and service members access the housing adaptation grants that they have earned to live more safely and independently.
NAHB Chief Lobbyist Jim Tobin welcomes SVP for Public Affairs and Communications Paul Lopez and Chief Economist Rob Dietz to the show to discuss whether a recession is on its way, and the implications of an economic slowdown.
Major League Baseball's VP of Government Relations, Josh Alkin, visits Housing Developments to discuss the 2022 midterm elections and their impact moving forward.
In the second installment of a two-part series with Lowe’s Pros, Jerry Howard and Jim Tobin welcome Jared Gossett of the Building Optimal podcast to discuss the many market forces impacting the home building industry today. Plus, hear a brief discussion of President Biden's housing plan.
On the first of a two-episode series featuring Lowe’s Pros, the NAHB Housing Developments podcast welcomes Brent Ridley, host of the Tools Pro podcast, to discuss what the new generation of home owners is looking for from their builders and remodelers.
Co-hosts Jerry Howard and Jim Tobin welcome NAHB Chief Legal Officer Jim Rizzo to the show to discuss the potential political impacts of the recent Supreme Court document leak.
Housing Developments hosts Jerry Howard and Jim Tobin sit down with two guests to discuss both sides of the housing market, buyers and sellers, to gain a broader perspective on the issues facing housing.
NAHB Chairman Jerry Konter visits Housing Developments to discuss the importance of building and promoting a culture of membership within NAHB and in associations across the country.
The CEO of the American Trucking Association joins Jerry and Jim to discuss the group's advocacy challenges. Listen to how the ATA is tackling supply chain disruptions, infrastructure policy changes, skilled labor shortages, overregulation,
NAHB Chief Economist Dr. Robert Dietz joins Housing Developments to discuss the impact of the war in Ukraine on the housing industry and the broader global economy, including the potential for cyber warfare.
Hosts Jerry and Jim engage welcome a special guest to discuss the importance of integrating customer-centric digital design into builder businesses to prepare for the future, and briefly touch on the impact of the war in Ukraine on the U.S. housing industry and broader economy.
David Tenny, CEO of the National Alliance of Forest Owners, talks about “working forests” and the benefits they can provide to the country in terms of lumber, jobs and carbon sequestration.
Retired Navy Admiral and Founder of SAFE Project, Admiral Sandy Winnefeld, joins Housing Developments to talk about his passion to educate the residential construction industry on the dangers of opioids. Also, hear a recap of the 2022 International Builders' Show in Orlando last week.
Special guest Ken Pinto, author of “How Much is the Milk”, a new book on supply chain challenges and solutions for residential construction, joins Housing Developments to talk about his experiences with the flow of building materials.
Special guest Jackson Morill of the American Wood Council discusses how building material choices can impact the environment and specifically how wood might have an answer to climate change concerns.
Gretchen Gutierrez, the executive officer of the Desert Valley Builders’ Association in Palm Beach, Calif., joins hosts Jerry Howard and Jim Tobin to discuss the value of being an affiliated local within the Federation. Also, hear the hosts' take on President Biden's recent press conference.
Jerry Howard and Jim Tobin talk with Alaina Money-Garman, founder and CEO of Garman Homes in Raleigh, N.C., to discuss how founding her business in 2008 helped her prepare for the challenges brought on by COVID-19 and her philosophy for building an award-winning business. Money-Garman is a featured speaker at the 2022 International Builders' Show, where she will present a concept home built in response to consumer research about how the pandemic changed what home buyers want.
NAHB Chief Economist Rob Dietz provides his forecast and outlook for 2022 in the first Housing Developments podcast episode of the year, sponsored by Wells Fargo Home Mortgage.
Jerry Howard and Jim Tobin welcome John Billings, executive director of National Republican Campaign Committee about the upcoming midterms and political environment of the past year.
hosts Jerry Howard and Jim Tobin welcome Tim Persico, executive director of the Democratic Congressional Campaign Committee(DCCC) to discuss redistricting, predictions for the 2022 midterms, and the importance of passing the infrastructure bill.
Hosts Jerry Howard and Jim Tobin discuss Jerry's recent trip to Scotland for the COP26 climate summit and explore what the infrastructure bill means for home building. They also offer a preview of the exciting developments for the 2022 International Builder's Show in Orlando, Feb. 8-10, including appearances by Magic Johnson and Trace Adkins.
Jim Tobin and guest host Paul Lopez provide updates on the supply chain crisis, the infrastructure legislation, and the results from the recent Virginia and New Jersey elections. Plus, NAHB CEO Jerry Howard and Immediate Past Chair Greg Ugalde join from across the pond to give an update on their time at the 2021 United Nations Climate Change Conference (COP26) in Glasgow, Scotland, to advocate on behalf of the housing industry.
Hosts Jerry Howard and Jim Tobin welcome special guest Trey Northrup, CEO of LIXIL Americas, to discuss supply-chain issues, labor shortages, appliance demand, infrastructure and more. LIXIL Americas represents some of the biggest names in appliance suppliers and has firsthand knowledge of the supply-chain bottlenecks and how the forthcoming infrastructure bill could impact businesses. Plus, bonus coverage of the Virginia and New Jersey races for governor.
Hosts Jerry Howard and Jim Tobin discuss the latest developments on Capitol Hill, specifically President Biden’s proposed reconciliation package, and the renewed focus on finding long-term solutions to lumber price volatility.
Capitol Hill Democrats are trying to move their agenda forward in the coming weeks but will they succeed? Hosts Jerry Howard and Jim Tobin discuss the latest movements in Washington and the most likely outcomes facing the tax bill, infrastructure spending, and government shutdown.
Hosts Jerry Howard and Jim Tobin sit interview Mollie Elkman, author of NAHB’s newest, and fastest selling book, “The House that She Built.” Elkman was inspired to write this book, geared toward young children, after her firm was involved with the real-life “House that SHE Built,” the first home designed and created by an all-women team.
Hosts Jerry Howard and Jim Tobin get an update from special guest Mike Waterman with Visit Orlando on what attendees to the 2022 International Builders’ Show(IBS)can expect based on recent conferences in the area, as well as hotel updates and new local attractions that have opened since IBS was last held in Orlando.
NAHB Chief Economist Robert Dietz provides his mid-year report and second-half forecast. Dr. Dietz discusses the recent surge in inflationary pressures and offers advice to home builders on weathering the upcoming “perfect storm” of high material prices, high demand, and rising interest rates.
Host Jim Tobin welcomes guest host Paul Lopez, NAHB SVP of Communications, to discuss a recent – and long awaited – meeting between the NAHB Senior Officers and Commerce Secretary Gina Raimondo on the importance of finding a solution to the lumber crisis. Also, hear what's coming up in Congress.
Hosts Jerry Howard and Jim Tobin sit down with another lumber mill operator, Ross Stock, general manager of lumber mill Western Cascades Industries in Oregon to discuss lumber sustainability, the causes of the price increases, and the implications of trade disputes with Canada. NAHB is committed to airing all sides of the lumber price crisis.
Hosts Jerry Howard and Jim Tobin welcome special guest Alden Robbins, a lumber mill operator in Maine, to discuss the lumber crisis and associated fallout in the home building industry. Listen to hear straight from the lumber producers why lumber is so expensive, and when and how the industry might see some relief.
On a special episode of Housing Developments, Sen. Sherrod Brown, Chairman of the Senate Banking, Housing and Urban Affairs Committee, joins hosts Jerry Howard and Jim Tobin to discuss housing, including the fate of the GSEs and rental assistance, and what the infrastructure bill could mean for home builders.
Hosts Jerry Howard and Chief Lobbyist Jim Tobin discuss some of the legislation that Congress is likely to consider this session. Topics include the full Low Income Housing Tax Credit bill that NAHB has championed, the fate of the filibuster, immigration and a possible expansion of the Supreme Court.
Hosts Jerry Howard and Jim Tobin discuss policy changes on the horizon with Congress back in session. Tune in to hear about President Biden’s infrastructure plan, the co-hosts’ thoughts on bipartisanship cooperation in Congress, updates on lumber prices, and more.
Hosts Jerry Howard and Jim Tobin discuss the recent legal victory noting the federal overreach of the CDC eviction moratorium and what this means for NAHB members. And while this is an important legal win to rein in federal overreach, NAHB continues to urge members to seek access to the $46.5 billion of rental assistance for tenants through the Emergency Rental Assistance Program via local government and housing authorities.
Hosts Jerry Howard and Jim Tobin discuss the steps that can now be taken by the Administration to promote housing growth with the entire cabinet officially confirmed. Jim and Jerry discuss Sen. Sherrod Brown’s new, housing-focused direction for the Senate Banking Committee and the opportunities Commerce Secretary Raimondo and Housing Secretary Fudge can take to ensure housing remains a driving force of the national economy.
In honor of Women’s History Month and International Women’s Day, hosts Jerry Howard and Jim Tobin interview California home building professional Linda Hebert. Listen to Linda’s story about how she got her start in the industry, challenges she’s faced during her influential career, and how she hopes the next generation of women and girls in home building will change the industry for the better.
Hosts Jerry Howard and Jim Tobin discuss how the evolution of the Republican party will impact legislation, which will likely impact businesses across the country. They also touch on a potential solution to the ongoing lumber crisis: Direct trade with Canadian provinces.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin have a candid discussion about home appraisals during the surge in lumber prices with special guests Scott Reuter, chief appraiser and head of valuation at Freddie Mac, and builder Kurt Dinnes, founder of Sun Custom Homes in Oklahoma City.
Jerry Howard and Jim Tobin discuss the biggest headwind facing home building: Skyrocketing lumber prices. In early February, prices surpassed the September peak, causing concern for many home builders and buyers.
In a special episode of Housing Developments taped live at IBSx, hosts Jerry Howard and Jim Tobin welcome Colorado Springs Mayor John Suthers on the podcast to discuss the local impact of home building and development.
NAHB EO Jerry Howard and Chief Lobbyist Jim Tobin are joined by EVP of Housing Finance, Dave Ledford, to review recent updates in housing finance. Jerry, Jim and Dave discuss the future of Fannie Mae and Freddie Mac’s conservatorship, the uncertain fate of Mark Calabria as FHFA director, the implications of HUD Secretary-Designate Marcia Fudge’s focus on low-income housing, and the steps needed to truly make housing reform comprehensive.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the first week of the Biden Administration and whether the climate is right for comprehensive housing reform for the first time in 30 years.
On a special Inauguration Day episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the next steps for the housing industry as President Joe Biden officially takes office and enacts new policies impacting home building, including a $1.9 trillion economic relief package. Tune in to hear Jerry and Jim predict which cabinet secretaries will be the most likely to pursue to pro-housing policies, and which will present more of a political fight, as well as NAHB’s plans to negotiate with a Democrat-controlled Congress and White House.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin address the violence seen in the nation’s capital last week. They also discuss the implications of a pro-union Labor Secretary on home builders, and how a 50-50 split in the Senate will impact legislation for the foreseeable future.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin invite Chief Economist Rob Dietz on the program to provide his review of 2020 and 2021 economic forecast.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss how the latest round of COVID relief will help NAHB members. Tobin also shares his prediction for the first pieces of legislation that will be prioritized by the Oval Office following the inauguration in late January.
On a special episode of Housing Developments, NAHB CEO Jerry Howard and Jim Tobin are joined by the co-chairs of the influential Problem Solvers Caucus, Rep. Tom Reed (R-NY) and Rep. Josh Gottheimer (D-NJ), to discuss potential COVID relief and the need for bipartisanship efforts in Congress.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the potential for another COVID relief package and other congressional developments before the end of the year, including a possible return of Portman-Shaheen. They also discuss the future of housing policy under a new administration.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the latest round of likely cabinet secretary picks for the Biden administration, the recent lumber tariff developments, and the IBSx.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the current and near-term environment for home builders leading the economic recovery and the opportunities available in the #IBS2021 virtual experience, IBSx.
Wondering how the latest news of the 2020 election, including many media outlets calling the race for Joe Biden, might impact the home building industry? Listen as NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their take on the outcomes in races in Congress and for the White House.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin share their early Wednesday morning thoughts after a very long night of watching election results roll in. With the presidency still up in the air, Jerry and Jim discuss the races that have been called, and what the House and Senate might look like for the foreseeable future. Tune in to hear their initial thoughts on election 2020, their very early predictions for the 2024 election cycle, and some rumors floating around Washington.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their last thoughts before the national elections on Nov. 3. Listen as they discuss tight Senate and House races and what the presidential hopefuls need to do to win the White House,
NAHB CEO Jerry Howard explains the decision-making process behind the cancellation of the in-person 2021 International Builders’ Show, to be replaced by a virtual IBS experience.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss a very busy week of meetings with Administration officials on a variety of topics, including lumber prices and affordable housing. Jerry and Jim also address the passing of Supreme Court Justice Ruth Bader Ginsburg, and offer their support for the president’s nominee, Judge Amy Coney Barrett.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the recently-announced eviction moratorium, enforced by the CDC. Plus, in a new election segment of the podcast, the hosts discuss the Arizona Senate race between incumbent Sen. Martha McSally and former space shuttle commander Mark Kelly.
Jerry and Jim examine the political impact of the political conventions on the 2020 race for President and control of the Senate.
NAHB CEO Jerry Howard discusses the importance of getting runaway lumber pricing under control and the steps NAHB is taking to work with the administration on a solution. Howard also explores the impact of the RNC and DNC on the 2020 presidential race.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss Democratic Presidential Nominee Joe Biden’s VP pick, and what a Biden-Harris White House could mean for home builders.
On this week’s episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss what President Trump’s recent executive orders and memorandums could mean for Americans in the wake of COVID-19, how NAHB is responding to rising lumber prices, and how NAHB members can prepare themselves and their customers for hurricane season.
Following a summer hiatus, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin return to the Housing Developments podcast to discuss the latest developments in Washington and around the country. Learn about how housing is poised to lead the economic recovery and what NAHB is doing to support home builders, home owners and renters five months into the coronavirus pandemic.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin welcome a very special guest: star political analyst, Charlie Cook. Founder, editor and publisher of the Cook Political Report, Cook is a political analyst for NBC News and an NAHB alumnus. Listen to Cook discuss the inner workings of the upcoming 2020 Presidential Election and share his insights and forecasts for races across the board.
NAHB Chief Economist Rob Dietz provides members an update of the current economic outlook. To learn more about the effect of the coronavirus on the economy, visit eyeonhousing.org.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the April 16 Job Site Safety Stand Down, and residential construction's “essential” status in the latest episode of the NAHB podcast Housing Developments. To learn more about the Safety Stand Down and to access all of NAHBs coronavirus-related resources, visit nahb.org/coronavirus.
NAHB Chief Economist Rob Dietz gives an updated look at our nation’s economy as it adapts to this new coronavirus environment and explains data specific to the construction sector.
In this special episode of Housing Developments, NAHB CEO Jerry Howard announces two new housing provisions from the Department of Homeland Security and the Federal Emergency Management Agency that were announced over the weekend.
NAHB EVP of Government Affairs Jim Tobin provides a quick update on the massive, $2 trillion stimulus bill that passed the Senate late on March 25 and what it will mean for housing.
In this special edition of Housing Developments, NAHB CEO Jerry Howard, head of Government Affairs Jim Tobin and Chief Economist Rob Dietz provide updates on how the Federation is responding to the outbreak of the COVID-19 illness caused by novel coronavirus, including an economic outlook for housing and the broader economy.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss upcoming energy code legislation with special guest George Lowe, VP at the American Gas Association. This legislation includes a bill from Senators Jeanne Shaheen (D-N.H.) and Rob Portman (R-Ohio) that would greatly exacerbate the housing affordability crisis if passed. Howard and Tobin also review the state of the national election and housing plans put forth by the 2020 democratic candidates.
On the year-end episode of Housing Developments, hosts Jerry Howard and Jim Tobin look back at 2019, including NAHB's key policy wins from the year, and where we’re headed in 2020. NAHB had several advocacy victories wins this year, and helped to move the needle on key issues that affect the building industry. Throughout 2019, the association focused on the housing affordability crisis, devoting resources to bringing the American dream of homeownership back within reach.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin are joined by Anne Anderson of Green Mountain Engineering to get an inside scoop on the building codes development process.
NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin and special guests discuss the latest trend in the fight for affordable housing: upzoning. Does this policy have the legs to be more than a trend and become a viable solution to build more homes where people want to live?
After a summer hiatus, co-hosts NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin return to discuss all things economics. From rent control measures to home-buying trends, they discuss some tricky issues at a very high level with special guests Lynn Fisher, senior economic advisor at the Federal Housing Finance Agency (FHFA) and NAHB Economist Danushka Nanayakkara.
In this week’s episode of Housing Developments, CEO Jerry Howard and Chief Lobbyist Jim Tobin sit down with the CEO and President of the National Housing Endowment, Mark Pursell. The three discuss the challenges of workforce development, and the ways that groups all over the country are working to build up the next generation of the trade.
In this week’s episode of Housing Developments, NAHB Chief Economist Robert Dietz shares his 2019 economic forecast for the industry, and what the recent change in the NAHB/Wells Fargo Housing Market Index means for builders. Dr. Dietz also discusses how skilled labor shortages are affecting housing supply. Vice President of Communications Paul Lopez co-hosts.
In this week’s episode of Housing Developments, White House Deputy Communications Director Jessica Ditto joins hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin to deliver breaking news on housing finance reform, and discuss the Administration's efforts to address labor shortages, trade agreements and other critical topics.
In the inaugural episode of Housing Developments, NAHB CEO Jerry Howard and NAHB Chief Lobbyist Jim Tobin discuss the International Builder’s Show in Las Vegas – including recaps of remarks by HUD Secretary Carson and leaders of the congressional Problem Solvers caucus – and the state of the 2020 primary field.