NAHB recently released the results of their monthly Housing Market Index survey which included a set of special questions. The data revealed top builder pain points in 2016, and how builders expect these pain points to change in 2017.
The top problem continues to be cost and availability of labor, which builders see increasing in 2017. Interestingly, the problem which showed the greatest increase 2017 vs. 2016 is building material prices, which jumped 12 points (the next biggest change was 7 points). HERS Raters, in their consultative function for builders, can play a role in addressing this key pain point relating to insulation costs. Here are three specific ways raters can address builder cost concerns:Read More