10 out of 10 with Jim Tobin, president and CEO of the National Association of Home Builders

Home News Now contributor Mark Schumacher interviews the top executive of the NAHB on issues ranging from the inconsistent nature of homebuilding activity to the number of existing homes in the market and the number of sellers outnumbering buyers significantly. Tobin’s assessment is that it will be a choppy recovery until interest rates come down, spurring more buyers to come into the marketplace. However, he also touches on the positive impacts of recently passed legislation along with deregulation impacting the industry and the state of consumer confidence. “I think we are coming around to what the new economy looks like,” Tobin said, adding, “President Trump is really breaking and rebuilding the American economy as well as the world order internationally, as well as the international trade barriers and those are starting to come down. … There is going to be some time for the economy to adjust and for the world to adjust and the American consumer will follow on with that.”