Floor Covering News
AUGUST 5, 2021
Washington, D.C.—Soaring Recent NAHB analysis shows that higher costs for lumber products have added nearly $30,000 to the price of an average new single-family home and raised the rental price of a new apartment unit by more than $90,” said Robert Dietz, NAHB chief economist. median income of $79,900. With the U.S. There, just 8.4%
Floor Covering News
FEBRUARY 8, 2022
Washington D.C.— Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. San Francisco-Redwood City-South San Francisco. where 9.7%
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Floor Covering News
NOVEMBER 11, 2021
Washington D.C.—Housing To keep affordability problems from worsening in the future, policymakers need to tackle supply-chain challenges that are hindering new home production,” Dietz said. Anaheim-Santa Ana-Irvine moved up one spot to tie San Francisco-Redwood City-South San Francisco in the second slot.
Floor Covering News
JUNE 16, 2021
Housing statistics from 2020 revealed the densely populated areas that people were moving out of included New York, Philadelphia, San Francisco, Los Angeles and Detroit. He said he has even seen new faces from Chicago, Washington D.C. All in all, he said these customers tend to look for more sophisticated, higher-end products.
Floor Covering News
AUGUST 11, 2022
Washington, D.C.—Rising Taming housing costs will ultimately require building more homes, and it will be easier to increase production in more affordable smaller and mid-sized markets that are growing in population and attracting new businesses.”. San Diego-Chula Vista-Carlsbad. San Francisco-San Mateo-Redwood City.
Floor Covering News
NOVEMBER 6, 2020
Washington, D.C.—Record-low As builders look to ramp up production, the work-at-home trend is contributing to a suburban shift , meaning that buyers have additional market power to shop for affordable markets.”. San Francisco-Redwood City-South San Francisco, Calif., Ohio; Lima, Ohio; Binghamton, N.Y.
Floor Covering News
NOVEMBER 25, 2020
Washington, D.C.—In Supply and demand have geared toward the suburban markets—a trend already in progress pre-COVID-19—with suburban multi-family products comprising all the rental demand in the second quarter of 2020. This article was originally featured by the National Association of Home Builders.
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