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Good News for Home Builders

December 28, 2020

With lumber prices experiencing extreme price volatility this year and harming housing affordability, a final determination by the U.S. Commerce Department to reduce duties on shipments of Canadian lumber into the United States by more than half is good news for American home builders and home buyers. “The Commerce Department’s action to reduce duties from more […]

Filed Under: CVAR Connect, Industry News Tagged With: #CVARmembers, Canada, lumber, NAHB, National Association of Home Builders, tariffs, trade

Builder Confidence Surges

June 22, 2020

Few thought the housing market would see this quick a turnaround in homebuyer demand. The COVID-19 pandemic dragged down the spring buying season as states and cities issued stay-at-home orders. But despite the lingering pandemic and subsequent economic recession, homebuilders are upbeat on housing heading into summer. Builder sentiment surged 21 points in June, the […]

Filed Under: CVAR Connect, Industry News Tagged With: #Cvarmember, builder sentiment, Builders, confidence, Construction, cvarconnect, home builder, mortgage application, NAHB

Builder Optimism Growing Thanks to Falling Rates

October 28, 2019

The numbers: Home builders are gung-ho again thanks to dramatically lower mortgage rates. A survey of home-builder sentiment surged to a 20-month high of 71 in October from 68 in the prior month, the National Association of Home Builders  reported earlier this month. Readings over 50 are a sign confidence is improving. Just 10 months ago, the […]

Filed Under: At A Glance, Industry News Tagged With: builder sentiment, Construction, Dow Jones, MarketWatch, mortgage rate, NAHB, National Association of Home Builders, optimism, refinancing, single-family construction

Tariffs Behind Rising Remodel Costs

May 28, 2019

Those wanting to spruce up a home may need to add more money to their budget. Builders and contractors are warning that new tariffs on Chinese goods will add $2.5 billion in added costs to the home remodeling industry, and those extra costs will be passed on to customers. NAR’s 2019 Remodeling Impact Report Tariff […]

Filed Under: At A Glance, Government Affairs, Industry News Tagged With: China, CNBC, NAHB, National Association of Home Builders, remodel, tariff

Tariffs Impact Builder Confidence

August 13, 2018

“Builders are optimistic about housing market conditions as consumer demand continues to grow,” said the National Assn. of Home Builders (NAHB) Chairman Randy Noel, a custom home builder from LaPlace, LA. “However, builders are increasingly concerned that tariffs placed on Canadian lumber and other imported products are hurting housing affordability. Record-high lumber prices have added […]

Filed Under: At A Glance, Industry News Tagged With: builder confidence, Canadian tariffs, economic growth, lumber, NAHB, National Association of Home Builders

New Single-Family Home Size Continues Down Trend

May 30, 2017

After increasing and leveling off in recent years, new single-family home size continued along a general trend of decreasing size during the start of 2017. This change marks a reversal of the trend that had been in place as builders focused on the higher end of the market during the recovery. As the entry-level market expands, […]

Filed Under: At A Glance, Industry News, National News, Pro Tips Tagged With: Census stats, cvar.net, cvarconnect.com, Home size, NAHB, National Association of Home Builders, single-family pattern, trend

2016 Closes With New Home Sales Up

January 3, 2017

Sales of newly built, single-family homes rose 5.2 percent in November, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “New home sales showed growing strength in 2016 and builders expect more of the same next year,” said Ed Brady, chairman of the National Association of Home Builders (NAHB). […]

Filed Under: At A Glance, Industry News Tagged With: cvar.net, cvarconnect.com, NAHB, new home sales, U.S. Census Bureau, U.S. Department of Housing and Urban Development

CVAR At A Glance – February 29

February 29, 2016

Featured Classes and Events March 3 | Free MLS Forum – Let Your Opinions Be Heard March 4 | Free Cloud Stream Training March 7 | Free CRMLS Training – Mobile Solutions and More! March 8 | Deliver the WOW factor to Clients – Free Lunch & Learn  Real Estate REvive Returns! It’s a real […]

Filed Under: At A Glance, CVAR News, Industry News Tagged With: Baby Boomers, CVAR at a Glance, CVAR Connect, cvar.net, home inspector, Housing preferences, Legislative Day Sacramento, Leigh Brown, Market At A Glance, Millenial Buyers, MLS Forum, MLS-Touch, NAHB, Oscars 2016, RealtyTrac, REvive!

Top Community Features for Baby Boomers

February 29, 2016

Realtor.org | February 23, 2016 While many in the real estate industry are focused on the wants and needs of millennial buyers, older generations of home buyers still have a lot of purchasing power. Baby boomers actually make up 31 percent of the home buying population, and real estate pros need to be familiar with […]

Filed Under: At A Glance, CVAR News, Industry News Tagged With: Baby Boomers, CVAR Connect, cvar.net, Housing preferences, millennial buyers, NAHB, realtor.org

CVAR At A Glance January 25

January 25, 2016

January 25, 2016 Featured Classes and Events January 26 | FREE! Lunch & Learn – Setting 2016 Goals February 4 | Contract College Series February 4 | CVAR Commercial Forum February 5 | Understanding Living Trusts & Title Issues February 8 | CRMLS Training February 9 | Find, List & Sell Commercial Investment Property February […]

Filed Under: At A Glance, CVAR News, Industry News Tagged With: Crowdfunding Real Estate, CVAR Connect, CVAR news, Home buyer preferences, Housing construction, NAHB, real estate trends

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