Podcast: NAHB Leaders, Members Report from Palm Springs
On the latest episode of Housing Developments, NAHB CEO Jim Tobin and SVP Paul Lopez report from the Fall Leadership Meeting in Palm Springs, Calif., on the latest housing numbers and make predictions on the impending government shutdown.
They are also joined by two special guests: Heather Laminack from Fort Worth, Texas, and Edwin Williams from Johnson City, Tenn., who represent the NAHB Young Professionals and Associate members, respectively. Tune in to hear about how a software developer and a fourth-generation builder navigate today’s market and why NAHB membership is important to them.
Listen to Housing Developments through your favorite podcast app or through the player below.
Latest from NAHBNow
As energy efficiency mandates are becoming more difficult and costly to meet, the National Green Building Standard (NGBS) is emerging as an attractive alternative. Alternative code compliance options - like NGBS Green - are beneficial to local jurisdictions and builders alike, as they provide compliance flexibility without compromising energy performance, and can streamline permitting processes and timelines.
Builder and Associate members will work to recruit as many new members as they can by Nov. 30. Winners can earn prizes including LG laundry products and 2027 International Builders' Show perks.
Latest Economic News
The percentage of new apartment units that were absorbed within three months after completion was down five percentage points in the first quarter, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA).
New single-family home size had been falling since 2015 in response to declining affordability conditions. An exception occurred in 2021, when new home size increased as interest rates reached historic lows.
The latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation.