Articles
Remodelers' confidence holds steady in Q4
"The overall remodeling market remains strong, but there are signs of concern related to rising labor and input costs," said NAHB Remodelers chair Joanne Theunissen, CGP, CGR, a remodeler from Mt. Pleasant, Mich. "Remodelers are battling sticker shock with many home owners who expect lower bids." Read More
Lower interest rates stabilize builder confidence
"The gradual decline in mortgage rates in recent weeks helped to sustain builder sentiment," said NAHB chairman Randy Noel, a custom home builder from LaPlace, La. "Low unemployment, solid job growth and favorable demographics should support housing demand in the coming months." Read More