Raimondo ‘Committed’ to Fixing Lumber Supply Chain Issues
Following a meeting with senior leaders from the National Association of Home Builders, Commerce Secretary Gina Raimondo said Friday she was “committed” to finding ways the federal government could help alleviate a severe shortage of lumber in the U.S....As Resort Towns Flourish, Lending Tightens
As the market for vacation homes continues to forge ahead at an almost unprecedented pace, the two major suppliers of financing funds have put a lid on the number of mortgages for such properties they will buy from primary lenders. As of April 1, Fannie Mae and...
NAHB Urges Biden Administration to Act on Lumber Prices
The nation’s biggest homebuilder trade group is calling on newly installed Commerce Secretary Gina Raimondo to take action on the high cost of lumber that it says is threatening housing affordability. Along with 35 other organizations, the National Association...
Homebuilder Confidence Hits All-Time High
Strong demand for housing across the country combined with a limited inventory of available homes and strong sales figures to shatter the prior homebuilder confidence record set just last month. Builder confidence in the market for new-build single-family homes jumped...This Week’s Paper: Digital Edition
