Posts by Connie Dahl
NAHB Releases 2023 “Priced Out Estimates”
NAHB recently released its 2023 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 96.5 million households (roughly 73 percent of all U.S. households) are not able to afford a new median priced new home in 2023, meaning their incomes are insufficient to qualify for a…
Read More60% of a Home’s Sales Price Goes to Construction Costs
NAHB’s latest Cost of Construction Survey reveals that 60.8% of the average home sales price consisted of construction costs in 2022, similar to the 61.1% breakdown posted in 2019. Since the inception of this series in 1998, this is just the fourth time construction costs represent over 60% of the total price of the home — it…
Read MoreCAHB: Capitol Close Up
BUILD-PAC Honors Bob Peterson, Colorado Support; Tell Congress to Repeal Biden’s WOTUS Rule BUILD-PAC, the NAHB’s nonpartisan political action committee dedicated to electing pro-housing candidates, recognized CAHB member Bob Peterson and Colorado for their commitment to advocacy at the 2023 NAHB International Builders’ Show. In 2022, during one of the most competitive midterm election cycles…
Read MoreNAHB Applauds House Passage of Resolution on WOTUS
Alicia, Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the following statement after the House passed a Congressional Review Act (CRA) joint resolution of disapproval that would rescind the Biden administration’s waters of the U.S. rule: “NAHB commends this bipartisan House…
Read More2023 Local Elections and Homelessness
Common Sense Institute: Our latest report, “Homelessness in Denver” summarizes the key issues surrounding homelessness in Denver. Our hope is to continue to spotlight the problem and the immense amount of resources going to try to address the problem. While much of the one-time federal funds will be committed or spent by the time the…
Read More2023 Winners at Nationals Announced
Numerous HBA of Metro Denver members were honored at the Nationals Gala in Las Vegas (during IBS). What a great representation from Denver members! See who brought home the gold and silver January 31st – The Nationals Winners Book is now available online, showcasing some of the best in the country. View the flipbook here.…
Read MoreHomebuilder Sentiment in February Improves by the Biggest Amount in a Decade
CNBC: America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September…
Read MoreHBA of Metro Denver’s SMC is Gold Winner at Nationals
The Nationals Awards winners were announced January 31st at the Nationals Gala in Las Vegas (during IBS), and HBA of Metro Denver’s Sales & Marketing Council was named best SMC in the nation for 2022, in its size category. The Sales and Marketing Council (SMC) of Metro Denver has been named the National SMC Council…
Read MoreNAHB: A Housing Downturn in 2023 Followed by a Recovery in 2024
The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year. However, the second half of 2023 could…
Read MoreBuilder Product Expo is back April 3rd
It’s Back for 2023! HBA’s Builder Product Expo will return Monday, April 3rd to the Marriott DTC for another great afternoon/evening event featuring 80 booths and 500 attendees networking and exploring exhibitors’ products. This year the event is brought to you by the HBA and the HBA’s new Purchasing Agents, Subcontractors and Suppliers (PASS) Committee.…
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