Home building company KB Home reported a drop in cancellations at the start of 2023 after a major slowdown in buyer activity during the final quarter of 2022
The National Association of Home Builders partners with mental health advocate Dr. Sally Spencer-Thomas on a strategic plan to promote mental health and suicide prevention
A lack of existing-home inventory is forcing buyers into the new-home market. That increased demand has home builders feeling optimistic at the start of the spring buying season
The number of unfilled construction jobs at the close of 2022 was the third highest on record, and contractors could have even more difficulty attracting skilled workers in 2023
Despite falling demand from priced out buyers, home builders remain optimistic about the year ahead, and experts say that rising sentiment may point toward a breakout year for a recovering economy
A slight drop in mortgage interest rates is motivating prospective buyers to jump back into the for-sale market, and that new activity is boosting home builder sentiment at the start of 2023