@FarnsworthGroup

Providing research based answers for the building products, hardware & home improvement industry.

 Indianapolis, IN
thefarnsworthgroup.com
Joined March 2012
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2Media
Fannie Mae sharply raises mortgage rate forecast for 2027 cnb.cx/4hO59cE

Fannie Mae sharply raises mortgage rate forecast for 2027

Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates.

cnbc.com
8
7.5% mortgages have been the norm since the 1970s. Here's why they feel less affordable today. marketplace.org/story/2026/1…

7.5% mortgages have been the norm since the 1970s. Here's why they feel less affordable today.

Median incomes have grown since then. But median home prices have grown faster.

marketplace.org
7
Winter Has Arrived Early in the Housing Market as Newly Pending Sales Fall 8.5% (Zillow September Market Report) zillow.com/research/septembe…

Winter Has Arrived Early in the Housing Market as Newly Pending Sales Fall 8.5% (Zillow September...

While the for-sale market is slowing, the rental market continues to show strength, with the biggest annual rent gain since April 2025

zillow.com
2
Survey finds gap between importance of skilled trades and career pathways ope-plus.com/2026/10/01/surv…

Survey finds disconnect between skilled trades, career pathways

A survey of WorldSkills competitors examines perceptions of skilled trades, workforce readiness and barriers to entering vocational careers.

ope-plus.com
1
Share of New Homes with Patios Dips to a 6-Year Low Of the roughly 940,00 single-family homes started during 2025, 60.5% came with patios. Down from 61.8% in 2024 and marks the lowest percentage since the 59.6% recorded in 2019. lbmjournal.com/industry-news…

Share of New Homes with Patios Dips to a 6-Year Low

New home patios dipped to 60.5% in 2025, marking the lowest share since 2019. Discover regional trends and patio material preferences across America.

lbmjournal.com
18
July 2026 Monthly Housing Trends: List Prices Fall as Homes Sell Faster realtor.com/research/july-20… via @RDC_Economics

July 2026 Monthly Housing Trends: List Prices Fall as Homes Sell Faster

July 2026 housing data: list prices fell 2.4% year over year, homes sold a day faster than last July, and 20% of listings had a price cut.

realtor.com
1
20
Housing report shows 'seasonal cooldown' Sellers reduced prices on 20 percent of active listings in July. hbsdealer.com/housing-report…

Housing report shows 'seasonal cooldown'

Sellers reduced prices on 20 percent of active listings in July.

hbsdealer.com
6
lbmjournal.com/industry-news…

Building Material Prices Continue to Rise Despite Energy Price Declines

Building material prices rose 0.5% in June and 4.6% year-over-year, despite energy price declines. Learn what's driving construction costs up.

lbmjournal.com
5
lbmjournal.com/industry-news…

NAHB: Builder Sentiment Stays Weak as Affordability Concerns Persist

NAHB Housing Market Index falls to 34 in July. Builder sentiment stays weak as affordability challenges from high mortgage rates, land costs, and material prices persist.

lbmjournal.com
3
For many Americans, the math of homeownership simply doesn’t add up any more wsj.com/economy/housing/home… via @WSJ

See How Owning a Home Is Getting More Expensive in Every Way

The long list of spiraling costs includes property taxes, insurance, maintenance and home improvements.

wsj.com
10
hbsdealer.com/initial-shock-…

Initial Shock: QXO, SRS, GMS, FBM

How consolidation is hitting the industry, and independents.

hbsdealer.com
5
New NAHB study shows regulatory costs jumped 40% in 5 years. lbmjournal.com/industry-news…

New NAHB study shows regulatory costs jumped 40% in 5 years

Breaking down the total regulatory costs further, the study revealed that $84,939 of the final house price is the result of costs incurred by the builder due to regulation during the construction...

lbmjournal.com
6
Sellers are pulling homes off the market at the fastest pace since 2020 cnb.cx/4uhOykq

Sellers are pulling homes off the market at the fastest pace since 2020

Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.

cnbc.com
4
The pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire fortune.com/2026/05/25/boome…

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or...

From the housing market to the corner office, America is paying the price for a generation that never learned to let go.

fortune.com
6
hbsdealer.com/srs-seals-ming…

SRS seals the Mingledorff's deal

Home Depot's HVAC power play is official.

hbsdealer.com
8
The Lowe's Foundation has announced an expanded $250 million commitment to help train and develop 250,000 tradespeople by 2035 through its Gable Grants program. hbsdealer.com/lowes-foundati…

Lowe's Foundation pledges huge investment for trades training

A $250 million commitment aims to develop 250,000 tradespeople by 2035.

hbsdealer.com
10
Zillow’s March Market Report Shows Housing Market Accelerated Despite Mortgage Rate Spike. Pending sales posted the second-largest total since August 2022. zillow.com/research/march-20…

Zillow’s March Market Report Shows Housing Market Accelerated Despite Mortgage Rate Spike

Pending sales posted the second-largest total since August 2022

zillow.com
20
Mortgage application activity up despite decline in purchasing. lbmjournal.com/industry-news…

Mortgage application activity up desipte decline in purchasing

The decline in mortgage rates supported the continued strength in refinancing activity, which increased 11.3%. On the other hand, purchase applications decreased 12.3% as tight existing-home invent...

lbmjournal.com
8
In Orlando, all eyes on affordability Major themes emerge on the show floor at IBS 2026. hbsdealer.com/orlando-all-ey…

In Orlando, all eyes on affordability

Major themes emerge on the show floor at IBS 2026.

hbsdealer.com
12
NAR Existing-Home Sales Report Shows 8.4% Decrease in January Housing affordability improved for the seventh consecutive month. nar.realtor/newsroom/nar-exi…

Existing-Home Sales

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country....

nar.realtor
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