Daily Archives: May 11, 2011


New Home Price Projections 1

New Home Price Projections In preparing revenue projections for budget planning, many builders rely upon past trends to forecast price increases for future years. This method turns out to be very misleading after the enormous price fluctuations of 2004-2011.  A ten year trend of average price changes from 2001-2010 produces […]


Housing Outlook 1

Housing Outlook NAHB Chief Economist David Crowe indicated that the building industry soon should be seeing tangible signs of improvement. Speaking at the Annual Construction Forecast Conference in April, Crowe cited positive factors such as affordability, favorable mortgage rates, tiny inventories of newly-built homes, declining vacancy rates, and pent-up demand […]