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    LendingTree conducted a new study that is sure to engage you if you are looking to find valuable information on current housing market trends. These markets are booming right now and represent a strong investment opportunity for prospective home buyers and a strong incentive to prospective sellers!

    LendingTree ranked the top 100 most competitive housing markets in the country, based on over 1.5 million purchase mortgage loan requests.

    Then each city was ranked on three criteria:
    1. The share of buyers shopping for a mortgage before identifying the house they want.
    2. Average down payment percentage.
    3. Percentage of buyers who have prime credit (above 680).

    This data could be very helpful in persuading prospective customers in hot markets to pull the trigger on a new home or to sell their current property.
    February 27, 2018

    The National Association of Home Builders (NAHB) today called on the Occupational Safety and Health Administration (OSHA) to expand its small business compliance assistance to help home builders and other small business owners to improve the safety of their operations.

    Testifying on behalf of NAHB at a House subcommittee hearing on “a more effective and collaborative OSHA,” J. Gary Hill, a custom home builder from Greensboro, N.C., and 2018 chairman of the NAHB Construction Safety and Health Committee, told lawmakers that reforming and improving how OSHA operates is a top priority of the housing industry.

    “In recent years, OSHA has unleashed a regulatory tsunami on the construction industry,” said Hill. “The significant growth in the number and scope of regulations, along with the associated costs of these regulations, has raised concerns from NAHB members about OSHA’s heavy-handed enforcement practices and procedures.”

    According to the Small Business Administration, federal regulations cost small businesses 60 percent more per employee than it costs large businesses, and compliance with these existing regulations can average as much as $7,000 per employee.

    “In our industry, a sizeable share of these regulations comes from OSHA, and the costs imposed by OSHA regulations are financially onerous to every aspect of the home building industry,” he said.

    Though facing prohibitive regulatory costs, Hill underscored that a top priority for small home building firms is to create a safe workplace environment for their employees. It also makes good business sense.

    “It is no secret that safety saves lives – and money,” he said. “We have learned that the money saved through reduced workers’ compensation costs, lost time due to worker injuries and less time spent on accident claims and reports can be converted into improvements in the way employers operate t
    The National Association of Home Builders (NAHB) launched Safety 365, a new member and public awareness campaign designed to ensure that building industry professionals have the information and resources to help keep construction workers safe and help minimize accidents, injuries and deaths.
    Home design is really about discovering the needs of your buyer and then finding solutions you can offer, and sometimes there are needs that your buyer isn’t even aware they have: open-space living, open floor master planning, kitchen upgrades and home technology.
    Taxes rank highest as the most meaningful nemesis. But here's where construction differs most from the rest of industry sectors: finding qualified labor; and late/nonpayment by a customer.
    The majority of young adults (74%) say they know the field in which they want to have a career. Of these, only 3% are interested in the construction trades.