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Persistent affordability challenges, including high housing price-to-income ratios and elevated land and construction costs, helped push builder confidence lower for the second straight month to start the year.

According to the latest NAHB/Wells Fargo Housing Market Index (HMI), 84% of home builders said that elevated mortgage rates was the most significant challenge builders faced in 2025, and 65% anticipate interest rates will remain a problem in 2026.

Other serious issues builders faced in 2025 include buyers expecting prices/interest rates to decline (81%), concern about employment/economic situation (65%), the cost/availability of developed lots (63%), and negative media reports making buyers cautious (62%). Home builders expect these challenges to persist in 2026.

A majority of home builders also reported facing serious problems in 2025

While the State of Texas does not require contractors to be licensed, builders should check with the applicable city, county and/or Homeowner Association regarding any local regulations regarding contractor oversight. Additionally, contractors should note that many trades are regulated by the State of Texas and/or local authorities.

As a member of TAB, you have access to programs and services that are not available to the general public. Some are discounted or enhanced for TAB members and provide revenue back to TAB and your local HBA. Builder members can save a minimum of $500 and an average of $5,500 a year by taking advantage of TAB’s various programs and services. View the PDFs for a snapshot of TAB membership benefits:

n most companies, people who work together bond and become friends. In a small business like the bar I manage in Chelsea, those bonds, and the trust that comes with them, are particularly important. There are just 12 of us at our little bar, and we are like a family.

Elizabeth Butson, publisher emeritus of The Villager, riOdetta honored with the first Music Legends Awardght, presents Odetta with the inaugural Village Music Legends Award.

For local businesses to thrive, merchants, their staff and their shoppers all need to feel safe. Honoring the police who protect the neighborhoods where its 200 members do business, the Greenwich Village-Chelsea Chamber of Commerce (GVCCC) held its 11th Annual Safe City, Safe Streets luncheon at Manhattan Penthouse last week.

The 10th Annual Safe City, Safe Streets Luncheon, organized by the Greenwich Village Chelsea Chamber of Commerce (GVCCC), recognized NYPD service throughout the ranks, but it specifically highlighted five Officers of the Year for 2013.

Working long hours all week long, week in and week out, can leave us feeling quite accomplished — but exhausted. Luckily, we’re living in one of the best neighborhoods in one of the best cities on earth when it comes to rounding the corner and leaving your workday stress behind.

The Chess Forum once did battle with another chess shop across the street. The Chess Forum is steeped in history.

At the Greenwich Village-Chelsea Chamber of Commerce (GVCCC), we know the stories of Manhattan’s ever-changing small business community. Over the last few months, we have taken a step back to evaluate and recognize what we love most about our corner of this city.

What's in store for October? Click through to find out!