NAHB
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Featured Builder's Profile / South Kingstown RI
Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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By Jack Bjorklund / July 17, 2024
Single-Family Slips, Multifamily Surges in June
Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June....
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By Jack Bjorklund / July 16, 2024
Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite
Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans...
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By Jack Bjorklund / July 10, 2024
NAHB: Lot Values Are On The Rise
According to National Association of Home Builders (NAHB)’s research of Census Bureau Survey of Construction (SOC) data, lot...
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By Jack Bjorklund / June 21, 2024
Existing Home Sales Drop Despite Record High Prices
Existing house sales decreased for the third consecutive month in May, owing to persistently high mortgage rates and...
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By Jack Bjorklund / June 20, 2024
May Sees Housing Starts Retreat Amidst High Borrowing Costs
Single-family and multifamily housing starts declined in May, as high interest rates on construction and development loans, as...
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By Jack Bjorklund / June 19, 2024
High Mortgage Rates Cool Builder Confidence
Mortgage rates remain in the 7% level, and rising construction financing costs continue to dampen builder optimism. Builder...
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By Jack Bjorklund / June 3, 2024
Private Residential Construction Spending Rising in April
After declining 0.4% in March, private residential building spending increased 0.1% in April, according to a post from...
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By Jack Bjorklund / May 24, 2024
New Home Preference Continues Rising
New homes’ appeal is just getting stronger. In a recent NAHB study, 61% of home buyers said their...
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By Jack Bjorklund / May 1, 2024
NAHB: Private Residential Construction Spending Declines in March
According to the NAHB’s analysis of Census data, private residential construction spending fell 0.7% in March after rising...
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By Jack Bjorklund / April 15, 2024
NAHB: Builder Sentiment Remained Unchanged in April
Builder sentiment was flat in April, as mortgage rates stayed close to 7% over the previous month and...