Podcast: Election 2024 – The Day After
On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez dive into the 2024 election results.
At the time of the recording, the presidential election has been decided in favor of Donald Trump, the Republicans have control of the Senate, and control of the House of Representatives is still to be determined.
So what does this mean for housing?
“Trump’s [housing] plans were not as fully fleshed out as Harris’s plans, so for me, that means there’s more of a blank slate — so opportunity,” Tobin stated. “This is where the hard work begins for NAHB and for the staff team here. I’ve been talking about seizing on the political moment that housing has into now a policy moment.”
NAHB’s advocacy team will delve deeper into the election results and what to expect during the “What’s Next in Housing: 2024 Post-Election Analysis” webinar, taking place Nov. 13 at 12 p.m. ET.
NAHB’s economic team will also be following the impact of the election on Eye on Housing.
Another important initiative that NAHB is championing is the Home Building Industry Disaster Relief Fund. NAHB has launched a matching campaign up to $500,000, which will last through March 1, 2025. Visit nahb.org/give to learn more and donate.
Listen to the full episode of the podcast below, and subscribe to Housing Development through your favorite podcast provider or watch all the episodes on YouTube.
Latest from NAHBNow
President Trump on Oct. 22 signed an executive order to lower single-family and mortgage costs, and the Treasury Department released new institutional investor rules.
NAHB Chairman Bill Owens issued the following statement today regarding President Trump’s housing executive order.
Latest Economic News
The share of new homes with decks inched upward, from an all-time low of 17.4% in 2024 to 17.8% in 2025, according to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC).
State-level employment data for September continued to show a mixed labor market, with job gains and losses split across the county. Although national nonfarm payroll employment increased modestly, year-over-year job growth varied considerably across states
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 %.