Welcome to today’s real estate news roundup! Stay informed about the latest updates in the world of residential construction, framing lumber prices, housing plans, and the impact of new construction on homeowners. Discover important data released by the U.S. Census Bureau on new residential construction trends and how it can guide your buying or selling decisions. Stay up-to-date with the National Association of Home Builders’ insights into framing lumber prices and their efforts to address supply-chain challenges. Explore the NAHB’s response to Vice President Harris’ housing plan, highlighting the need to tackle regulatory barriers and boost housing supply. Lastly, read about the unfortunate experience of an elderly couple whose peaceful life has been disrupted by new construction in Fayetteville. Let’s dive into these stories to gain a comprehensive understanding of the current real estate landscape.
New Residential Construction Press Release
Discover the latest updates in the world of residential construction! The U.S. Census Bureau has released a press statement detailing important information about new residential construction data. Stay informed about economic indicators and trends that impact the housing market. Find out how this data can help you make informed decisions about buying or selling a home. To learn more, read the full press release.
Framing Lumber Prices | NAHB
Stay up-to-date with the latest trends in framing lumber prices! The National Association of Home Builders (NAHB) provides valuable insights into the behaviors and fluctuations within the U.S. framing lumber market. Discover how factors like increased demand, tariffs, supply-chain bottlenecks, and domestic production impact softwood lumber prices. Learn about the importance of lumber prices in determining the cost of a new home and the overall affordability of the housing market. To dive deeper into NAHB’s efforts to address supply-chain challenges and explore the full lumber report, click below.
Home builders tell VP Harris her housing plan needs to address regulatory barriers | Fox Business
The National Association of Home Builders (NAHB) has responded to Vice President Harris’ housing plan, highlighting the need to address regulatory barriers that hinder the housing sector. While the plan includes positive elements such as down payment assistance and tax incentives for first-time homebuyers, it fails to tackle the regulatory issues that impede the construction of new housing units. The NAHB emphasizes the importance of reducing federal regulations that contribute to the high cost burden on home construction. They also express concerns about potential negative impacts on the rental market and urge a more comprehensive approach to boost housing supply. Read the full article to learn more about the NAHB’s perspective on the housing plan.
Elderly Fayetteville couple’s life turned upside down by new construction – The Citizen
An elderly couple in Fayetteville, Georgia, has had their peaceful life disrupted by new construction approved by the City of Fayetteville. The construction of 63 cottage homes on an 11-acre property adjacent to their home has resulted in constant noise, vibrations, dirt, dust, and unpleasant smells. The couple was never informed or consulted about the project, and they have experienced blocked driveways, power cuts, and an armed security guard positioned near their home. Despite reaching out to code enforcement and city officials, they have received little response or support. The situation has left them feeling violated and without privacy. Read the full article to understand the impact this construction has had on their lives.