Podcast: Builder Sentiment Improves as Congress Looks to Approve Budget
On the latest episode of NAHB’s podcast, Housing Developments, sponsored by LG Pro Builder, CEO Jim Tobin and COO Paul Lopez break down the latest housing numbers, provide insights on the 2024 election, and highlight key congressional funding areas NAHB continues to actively advocate to secure during the ongoing budgeting process.
Watch the latest episode below and subscribe to Housing Developments through your favorite podcast provider.
Latest from NAHBNow
Year-end offers on commercial trucks make this an ideal time for residential construction pros to upgrade the vehicles that keep their businesses moving. And for NAHB members, there’s even more reason to shop thanks to exclusive savings from Ram.
The Department of Housing and Urban Development (HUD) issued a mortgagee letter to announce it is revising its policy to expand access to HUD-insured Federal Housing Administration (FHA) financing for built-to-rent developments.
Latest Economic News
Diversifying the construction labor force remains a key priority amid persistent skilled labor shortages. According to NAHB analysis of the 2024 American Community Survey, non-Hispanic White workers account for the majority of the construction industry at 55.8%. Hispanic workers now represent nearly one-third of the labor force at 32.8%, followed by non-Hispanic Black workers at 5% and non-Hispanic Asian workers at 1.8 %.
The total market share of non-site-built single-family homes (modular and panelized) was just 3% of single-family homes in 2025, according to NAHB analysis of completion data from the U.S. Census Bureau’s Survey of Construction (SOC).
Single-family housing starts declined in September as builders faced higher financing, building material costs, and ongoing labor shortages.