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Latest from the Blog

Jul
2017

Wilmington – Cape Fear Home Builders Association Announces 30th Annual Parade of Homes Award Winners

WILMINGTON – The Wilmington-Cape Fear Home Builders Association (WCFHBA) has announced the 30th Annual Parade of Homes award winners. The awards were presented at the annual Parade of Homes Awards Banquet Friday night. Since 1986, the Wilmington-Cape Fear Home Builders Association has showcased the region’s finest homes through our...

Mar
2017

Local Home Builders Association and Members Win Statewide Awards

WILMINGTON, N.C. – The Wilmington-Cape Fear Home Builders Association(WCFHBA) and local builder members were recognized in Charlotte last week.  Builder companies Stevens Fine Homes, Fasse bldgs., RMB Building & Design and Riptide Builders LLC received awards in multiple categories.  The Wilmington-Cape Fear Home Builders Association also took home awards,...

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Fourth straight month of decline for builder sentiment as higher construction costs and interest rates reduce housing affordability: https://eyeonhousing.org/2022/04/housing-market-at-inflection-point-as-builder-confidence-continues-to-fall/

Home builder confidence dropped two points to 77 in April in the NAHB/@WellsFargo Housing Market Index (#HMI). This is the fourth straight month that builder sentiment has declined. Higher interest rates and supply chain issues are taking a toll http://ow.ly/AG0r50ILBpS #economics

Banks are scaling back their mortgage forecasts as rapidly rising rates make it more expensive to buy a home. The Mortgage Bankers Association expects mortgage originations, including refinances, to total $2.58 trillion in 2022, a 35.5% decline from 2021. https://www.cnbc.com/2022/04/13/mortgage-forecast-lowered-as-rates-soar-refinancing-falls.html

NAHB CEO Jerry Howard was on @TeamCavuto on @FoxBusiness today discussing some warning signs for the home building industry, #realestate market, and broader economy with soaring housing prices and rising interest rates. https://video.foxbusiness.com/v/6301864412001#sp=show-clips | #economics

NAHB applauds @WhiteHouse and @CommerceGov for reaching an agreement with the UK to end #steel and aluminum #tariffs. Now we urge the same action on #lumber tariffs through a new agreement with Canada. #HousingAffordability #economics

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