Podcast: What's in Store for 2023 and Beyond
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.
They also provided an overview regarding NAHB's recent advocacy efforts surrounding the "waters of the United States" (WOTUS) rule, including NAHB Chairman Alicia Huey’s congressional testimony calling for "SCOTUS before WOTUS," and other important issues on the horizon, including rent control.
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Non-Conventional Financing for New Home Sales Loses Ground in 2024Nationwide, the share of non-conventional financing for new home sales accounted for 31% of the market per NAHB analysis of the 2024 Census Bureau Survey of Construction (SOC) data. This is 1.7 percentage point lower than the 2023 share of 32.4%. As in previous years, conventional financing dominated the market at 69.3% of sales, higher than the 2023 share of 67.6%.
Economics
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Economics
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