Economic

Housing Markets that Support Consistent Sales

“Despite a slowdown over the winter months, the housing market continues to show improvement in most states, although at a somewhat slower pace,” says Freddie Mac Chief Economist Frank Nothaft.

Simpson Enjoyed Large 1Q Sales Increases

Simpson Manufacturing scored considerable increases in both its top and bottom line in the first quarter of 2014. Net sales for the three months ended March 31 were $168.3 million, up 9.1% from 2013's total revenue of $154.3 million. 

New Home Sales in the Top 5 Destination Cities

Using Metrostudy's portal, Builder Online pulled annual closings and average closing prices of new homes in each of the top 5 destination cities from U-Haul's list of top destination cities.

Top 10: Cities Where Homes are Selling the Fastest & Slowest

Although nationally new construction starts and existing home sales have been sluggish in recent months, buyers in many local markets will need to move a bit faster this year than last year in order to snag their dream house.

NAHB Chief Economist Analyzes Credit's Impact on Market Growth

Access to credit will be a significant factor in how small and large firms divide the market. Early signs show access is improving, but the path to a full return remains a long one.

Despite Weather Woes, Builders FirstSource Posts Strong 1Q

After the winter of 2014, executives have emphasized the impact of the weather in a high percentage of first-quarter reports. Dallas-based BuildersFirst Source is no exception.

Credit Thawing as Temperatures Rise, Should Bolster Housing

Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in the housing market.

Lowering Unemployment Rate Still Good Indicator of Improving Economy

Labor market performance is at the heart of the debate over how to characterize the state of the U.S. economy, wrote Federal Reserve Bank of St. Louis President James Bullard.

Polyurethane Innovation Promotion Campaign Launched

A new campaign was recently launched that celebrates more than 75 years of innovation enabled by polyurethane.

Banks Hindering Low- & Mid-Priced Home Construction, High-Priced Growing

Sure home sales are growing, but most of that growth is in the higher end of the market—the side flush with buyers having high credit scores and big down payments.