Housing Markets Inch Toward Full Recovery
WASHINGTON, D.C. - November 6, 2014 - (RealEstateRama) -- Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today
NAHB Offers New Electronic Contracts and Subscription Service
WASHINGTON, D.C. - October 30, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) recently released its new contracts and subscription website, www.nahbcontracts.com. The website offers access to a variety of residential construction form contracts and documents developed by NAHB, exclusively for home builders and remodelers. It also provides some dynamic features including track changes technology and custom templates
NAHB Honors Building Systems Industry Leaders
WASHINGTON, D.C. - October 28, 2014 - (RealEstateRama) -- The Building Systems Councils (BSC) and the Log and Timber Homes Council of the National Association of Home Builders (NAHB) presented the 2015 Jerry Rouleau Awards for Excellence in Marketing and Home Design to BSC members who demonstrated high achievement in home design and marketing materials. Twenty-six awards were given out during the BSC’s annual Showcase24 event, the only national conference and educational event focused exclusively on the systems-built industry, held Oct. 27-28 in Washington, D.C
NAHB Remodelers Bestows Homes for Life Awards for Excellence in Aging-in-Place Remodeling
WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Remodelers announced the winners of its annual Homes for Life awards, recognizing excellent remodeling work for aging-in-place and universal design. The awards were presented on Oct. 23 at the NAHB Remodelers’ annual gala held during the Remodeling Show in Baltimore. Susan Bachner, MA OTR, CAPS of Lexington, Ky., won in the Major Space remodel category. Sandra Rawls Oltmanns, CAPS, ASID, IIDA of Naples, Fla., won in the Single Space remodel category.
Media Advisory: NAHB to Host its Fall Construction Forecast Webinar Next Week
WASHINGTON, D.C. - October 24, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Thursday, Oct. 30, in a two-hour webinar from 2:00-4:00 p.m. ET featuring three renowned industry experts.
Remodeling Market Index Reclaims All-Time High
WASHINGTON, D.C. - October 24, 2014 - (RealEstateRama) -- The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) reclaimed the high-water mark of 57 in the third quarter of 2014. This is the sixth consecutive quarter for an RMI reading above 50.
New-Home Sales Edge Up 0.2 Percent from Revised Down August Rate
WASHINGTON, D.C. - October 24, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes inched up 0.2 percent in September to a seasonally adjusted annual rate of 467,000 units, the highest level in six years, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for August were revised down from 504,000 to 466,000
Statement from NAHB Chairman Kevin Kelly on New Mortgage Market Standards
WASHINGTON, D.C. - October 21, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., issued the following statement on today’s announcement by six federal regulators to establish new rules for a qualified residential mortgage that would exempt securitizers from retaining 5 percent of the credit risk on loans packaged and sold as securities:
Nationwide Housing Starts Top 1 Million for Third Time this Year
WASHINGTON, D.C. - October 17, 2014 - (RealEstateRama) -- For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production in September rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units
Four-Month Upturn Ends as Builder Confidence Falls in October
WASHINGTON, D.C. - October 16, 2014 - (RealEstateRama) -- After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to a level of 54 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today
New NAHB Study Shows Substantial Regional Differences in New Single-Family Home Characteristics
WASHINGTON, D.C. - October 15, 2014 - (RealEstateRama) -- A recent study from the National Association of Home Builders (NAHB) revealed significant regional differences in new single-family home characteristics, ranging from price, design features, building materials and even financing. The new findings come from analysis of the 2013 Census Bureau Survey of Construction
Excessive Lending Standards Still Affecting Home Sales
WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB). Well over half of the single-family builders surveyed indicated that lending standards were “tight” or “very tight,” while only 11 percent indicated that standards were “somewhat easy” and no builders described them as “very easy.”
New-Home Sales Top 500,000 in August, Highest Level Since 2008
WASHINGTON, D.C. - September 25, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes increased 18 percent in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
Five Top Housing Shows to Converge in Las Vegas for Design & Construction Week™
WASHINGTON, D.C. - September 18, 2014 - (RealEstateRama) -- Five of the leading design and construction industry tradeshows have signed on to be part of the 2015 Design & Construction Week™ (DCW), joining forces for what promises to be the largest-ever residential construction exposition in the nation in 2015
Builder Confidence Hits Highest Level Since November of 2005
WASHINGTON, D.C. - September 18, 2014 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This latest four-point gain brings the index to its highest reading since November of 2005.
Multifamily Decline Pushes Nationwide Housing Starts Down 14.4 Percent in August
WASHINGTON, D.C. - September 18, 2014 - (RealEstateRama) -- Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000 units.
Apartment and Condominium Housing Index Posts Positive Gains in the Second Quarter
WASHINGTON, D.C. - August 29, 2014 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight quarter with a reading of 50 or above
Apartment and Condominium Housing Index Posts Positive Gains in the Second Quarter
WASHINGTON, D.C. - August 28, 2014 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight quarter with a reading of 50 or above.
New-Home Sales Down 2.4 Percent in July
WASHINGTON, D.C. - August 26, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000.
Combined Single- and Multifamily Gains Boost Housing Starts in July
WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- Fueled by strong single- and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau