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
Financing should be a strategic growth tool, not a substitute for a sound business. The right capital, aligned with the right projects and deployed at the right time, helps builders move when opportunity arrives.
NAHB worked with Rep. Nanette Barragán (D-Calif.) on legislation aimed at lowering housing costs by establishing a tariff exemption process for building materials. The Housing Tariff Exclusion Act (H.R. 10416) would automatically exempt many home building materials from President Trump’s current and future tariffs and give importers a process to seek exemptions for additional materials.
Latest Economic News
Single-family housing starts rebounded in August, but production remains down 4.7% year to date as builders contend with rising construction costs, lot and labor shortages, and economic uncertainty.
The Federal Reserve raised the federal funds rate by 25 basis points at the conclusion of its September policy meeting, bringing the target range to 3.75% to 4%.
Higher mortgage rates, worsening labor shortages and rising material costs are weighing on builder sentiment.