NAHB’s latest survey on consumer preferences – What Home Buyers Really Want – asked recent and prospective buyers about the desirability of an exercise room in the home. Results show that 47% of buyers rate an exercise room essential or desirable. The arrival of the COVID-19 pandemic in the spring of 2020 likely accelerated the long-term, rising popularity of exercise… Read More ›
An earlier post revealed that 64% of buyers who were actively engaged in the process of finding a home in the first quarter of 2021 have spent upwards of 3 months searching for a home without success. For the second time in this series history, the most common reason long-time searchers haven’t pulled the trigger is not because they can’t… Read More ›
Earlier this week, NAHB Senior Officers met with HUD Secretary Marcia Fudge to urge the expedited release of billions of dollars of emergency rental assistance and the same request was made to the White House two weeks ago. Today, the Treasury Department announced it is releasing $21.6 billion funding for the second tranche of the Emergency Rental Assistance Program (ERAP). Treasury released its first $25 billion in rental assistance earlier this year.
NAHB’s grassroots efforts urging the Biden administration and Congress to address the growing problem of rising lumber and material prices along with supply shortages is showing results. Responding to a request by Rep. Robert Aderholt (R-Ala.) to make rising lumber prices and production issues a priority during a May 6 House Appropriations subcommittee hearing, Commerce Secretary Gina Raimondo responded, “I promise you I will.”
