Of the roughly 850,000 single-family homes started in 2017, 58.6 percent included patios, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD). Among the outdoor features captured in the SOC, this makes patios considerably more common than decks (included on 23.8 …
The Remodeling Market Index (RMI) remained stable with a reading of 58 in the third quarter of 2018, according to the National Association of Home Builders (NAHB). The RMI has been at or above 50 since the second quarter of 2013, which indicates that more remodelers report market activity is higher than report it is …
The count of unfilled jobs in the construction sector increased in June, reaching a post-Great Recession high level. The rate of open construction sector jobs also matched a prior cyclical high. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 263,000 …
According to the most recent release of the Occupational Employment Statistics (OES) by the Bureau of Labor Statistics (BLS), half of payroll workers in construction earn more than $45,820. In comparison, the US median wage is below $37,700. The OES publishes wages for close to 380 occupations in construction. Out of these, only 54 are …
The?14th Annual Lake Norman Home Builders Association – Best of the Lake Awards Gala?was held Friday, November?10th at?The Peninsula Club, Cornelius, NC.?Andrew Roby?was named?BEST IN SHOW?for?the Best?Remodel – Existing Home – $76K-$175K. The Best of the Lake is an annual?competition sponsored by the Lake Norman Home Builders Association, the area’s preeminent professional association dedicated to …
What America’s homebuilders need desperately Homeowners rebuilding after hurricanes in Florida and Texas and wildfires in California will face longer wait times and higher costs as a long-simmering shortage of construction workers nears a crisis stage. The number of unfilled construction jobs has reached its highest point since 2007, before the Great Recession, and it’s …
September 28th Hope of Mooresville held their fundraising event “The Light is Always On”, at the Mooresville Citizens Center. Lake Norman HBA was their Silver Sponsor. Attending from Lake Norman HBA, President, Brooks Henderson, VP, Johnny Beane, Board Secretary Alma Jacobs, Executive Officer, Beth White, and their spouses. This was a great community event with …
August General Membership Meeting, President Brooks Henderson presented a check to Bonnie Battalia with Hope of Mooresville for their annual fund-raising event, “The Light is Always On”. Hope of Mooresville is a non-profit organization that provides temporary, restorative housing to women and children who are homeless. They also provide food and support services both on …
Lake Norman HBA Makes Donation to Hope of Mooresville Read More »
In an effort to give back to the community, the?Lake Norman HBA?will be?a sponsor?of Our Towns Habitat for Humanity’s largest fundraising event, the Hope Builders Breakfast. This event will be held on April 27, 2017 at the Brawley Estate in Mooresville. For more information on this event and sponsorships, contact Patrice Reynolds at?patrice@ourtownshabitat.org?.
Lumber prices are on the rise, causing concern for home builders and their clients, according to a blog post from NAHB. NAHB reports that lagging domestic supply and increasing tariffs on Canadian lumber are responsible for price increases that could reach as high as 30 percent by April. Negotiations on a new softwood lumber agreement …
