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Freddie Mac May Outlook: Homebuyers Showing Resiliency Amidst Limited Supply and Affordability Constraints

Swift home-price growth and the ongoing climb in mortgage rates this year have made buying a home more expensive, but home sales are still on track to squeak out a gain in 2018, according to Freddie Mac’s (OTCQB:FMCC) May Outlook.

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Columbus retains position as 14th-largest city, for now

Columbus had a surge of growth last year to remain the 14th- largest city in the nation, even as faster-growing Fort Worth, Texas, overtook Indianapolis at No. 15 and rode hard on the Ohio capital’s heels.

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Land, Labor & Lumber: The High Cost Of Affordable Housing

The housing supply in Northern Nevada is far below demand, which has led to a rapid rise in costs. Cities across the country are facing similar challenges, and many are looking for creative solutions to help address the issue.

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Statement from NAHB Chairman Randy Noel on Signing Banking Bill into Law

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement after President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law.

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NAHB Commends Confirmation of Brian Montgomery as FHA Commissioner

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., stated the Senate confirmation of Brian Montgomery to run the Federal Housing Administration (FHA).

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Building Insider

2018-BI-May-Jun Cover

NJW Construction, Inc

Personalized Remodeling

NJW Construction, the 2017 BIA Remodeler of the Year, expertly handles even the largest and most complex projects; based in a new Carroll, Ohio, headquarters, the company performs exceptional design/build work throughout Franklin, Fairfield and surrounding central Ohio counties.

Riceland Cabinet Corp.

Quality Meets Expertise

Drawing on their expert team, Riceland Cabinet Corp. designs, manufactures and installs high-quality custom cabinetry — and provides customers with exceptional products and first-class support..

Distinctive Marble & Granite

Wow-Factor Stone

With a standout team, thousands of slabs to choose from and an award-winning showroom, Distinctive Marble & Granite has drawn rave reviews for the gorgeous natural stone and quartz countertops they fabricate and install.

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What Our Members
Are Saying

This was my first year at the MAME awards, and I am glad I was able to be a part of it. Although I am still getting to know the builders and other industry professionals in this market, it was exciting to see all the excellent work that is going on in Central Ohio. I look forward to growing with this city and attending next year’s MAME awards with my team.

 

 

Mitchell Snyder, External Sales, Snyder Brick & Block

 

--Commenting on the 31st Annual MAME Awards Gala

BIA MISSION STATEMENT

As leaders in the housing industry, we are dedicated to protecting the industry while promoting ethical business practices and standards. We support our community and our members through professional development, legislative outreach, industry promotion and charitable efforts.