Lumber prices, labor shortages and growing regulations hold back construction

A staggering 90 percent of home builders say the affordability of new properties is being hampered by rising lumber prices.

A lack of workers means builders can’t keep up with new home demand

Builders have addressed their inability to keep up with demand for new homes, saying there simply aren’t enough workers to build them.

Construction labor shortage adds to builder’s woes

Inventories of available homes for sale recently hit a new, twenty-year low, and building companies have admitted that they’re hard-pressed to meet new demand from buyers thanks to the rising costs of construction materials such as lumber.

NAHB blames labor shortage for rising home prices

Labor shortages in the construction industry are being blamed for home price increases

The impact of immigrants on U.S. housing markets

No matter what your stance is on immigration to the United States, there’s no doubt the flow of people is having a big impact on the nation’s housing markets.

The Jobless Recovery is Complete

It has been several years of watching millions of people chase the few jobs out there but that is changing in a hurry and permanently. Early November numbers indicate that 321,000 jobs were added to the U.S. economy. Revisions for September and October show that 44,000 more jobs than had been estimated were actually added.

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Housing Starts Spark Positives for Mixed Bag Economic News

In market news, the Commerce Department’s news of Wednesday showed new housing starts up 2.3 percent in August, the fasted single family home growth rate in several years. However, the overall housing market is still a “mixed bag” of good news and slow economic recovery signs.

Summer Jobs: Another Economic Indicator

Home foreclosures, price indexes, economic meltdown, the property industry has taken a big hit these last few years, like so many others. Everyone seems to be looking for some indicator that things are looking up, yet the closer we scrutinize the situation, the less light there seems to be at the end of the tunnel. Looking at home p

Jobs Down, Home Inventories Up, What Else Is New?

December’s dismal jobs numbers combined with an overall increase in home inventories paints a pretty grim picture for the start of 2011. Experts expectations have not been met for months, and still media and the industry is all too often overly positive in their forecasting and evaluation of the situation. Without good jobs, jobs that help pay mortgages, no market will be emerging this year or any year from the greatest recession in 80 years.

Confidence In Real Estate 2011

A report released last week by the National Association of Realtors suggests the housing market for 2011 may be a lot better than previously expected. Existing home sales are up again, and investment in new construction stock is up as well. With jobs and other variables stabilizing, it seems as if the overall outlook is very positive for 2011.

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