Construction
New plan put forth by trade association offers 10 solutions to nation's housing problem
Listen to Florida Originator Magazine's February 2024 cover story.
Report shows 18% month-over-month increase in single-family housing starts.
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
Multiple challenges plague builders: soaring costs, labor shortage, and dearth of buildable land, even as permit data offers hope.
Demand increases based on existing homeowners staying put.
Seven months of optimism ends due to pessimism on high mortgage rates and construction costs.
Home builders' Zillow listings will be syndicated to Redfin for expanded visibility.
A result of elevated interest rates, supply chain disruptions, and high home prices.
Organization says nearly 1 in 5 construction workers battle addiction.