Kansas Governor Signs Affordable Housing Bill

Kansas Governor Signs Affordable Housing Bill House Bill 2237 will create incentives for developers to construct more affordable housing, particularly for rural areas, by providing state income tax credits. Read More NAHB https://www.nahb.org/blog/2022/05/kansas-affordable-housing-bill

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Fed Raises Interest Rates by Half a Percentage Point

Fed Raises Interest Rates by Half a Percentage Point Following a 25 basis point increase in March, the Fed approved a further 50 basis points increase for the federal funds target rate, the largest increase for the rate in more than two decades. Read More Eye On Housing https://eyeonhousing.org/2022/05/the-fed-commits-to-aggressive-tightening-of-monetary-policy/?_ga=2.249580358.1767329249.1651764310-541414091.1649979223

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Are Institutional Investors Taking a Chunk Out of the For-Sale Housing Market?

Are Institutional Investors Taking a Chunk Out of the For-Sale Housing Market? Purchases by institutional investors or private firms of for-sale and for-rent units to rent or flip to sell for higher prices are potentially making first-time homeownership more challenging. Read More Builder and Developer Magazine https://www.nahb.org/blog/2022/04/are-institutional-investors-taking-a-chunk-out-of-the-for-sale-housing-market

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Single-Family Permits Decline in March as Affordability Woes Continue

Single-Family Permits Decline in March as Affordability Woes Continue The single-family housing market continued to show signs of softening in March as permits and starts declined due to rising mortgage interest rates and ongoing supply chain bottlenecks Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2022/04/single-family-permits-decline-in-march-as-affordability-woes-continue

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Diminished Future Sales Expectations, Rising Costs Lower Builder Confidence

Diminished Future Sales Expectations, Rising Costs Lower Builder Confidence Ongoing lumber and building material supply side constraints, rising construction costs and expectations of higher interest rates continue to negatively affect builder sentiment even as buyer demand remains relatively solid. Read More NAHB Now https://nahbnow.com/2022/03/diminished-future-sales-expectations-rising-costs-lower-builder-confidence/

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