Increasing Home Values Affect Housing Affordability in Second Quarter
WASHINGTON, D.C. - August 16, 2014 - (RealEstateRama) -- Nationwide housing affordability dipped in the second quarter of 2014 as several markets saw a firming of home prices, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today
Housing Recovery Continues at Slow Pace According to Latest Leading Markets Index
WASHINGTON, D.C. - August 7, 2014 - (RealEstateRama) --Markets in 56 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. This represents a year-over-year net gain of seven markets
Builder Confidence in the 55+ Housing Market Shows Positive Signs in the Second Quarter
WASHINGTON, D.C. - August 7, 2014 - (RealEstateRama) -- Builder confidence in the single-family 55+ housing market for the second quarter is up year over year, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. Compared to the second quarter of 2013, the single-family index increased three points to a level of 56, which is the highest second-quarter reading since the inception of the index in 2008 and the 11th consecutive quarter of year over year improvements
A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the...
WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).
NAHB/Builders Mutual Insurance Company SAFE Awards Now Accepting Entries
WASHINGTON, D.C. - August 5, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) is now accepting applications for the 2014 NAHB/Builders Mutual Insurance Company Safety Award For Excellence (SAFE). This awards program recognizes the achievements of builders and trade contractors who have developed and implemented high quality construction safety programs, and honors government officials and NAHB-affiliated associations and student chapters that have made successful efforts to advance safety in the home building industry.
A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the...
WASHINGTON, D.C. - August 4, 2014 - (RealEstateRama) -- Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).
NAHB Receives 10th Energy Star Designation
WASHINGTON, D.C. - August 1, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) has earned its 10th ENERGY STAR® designation for the National Housing Center, the downtown Washington, D.C., office building that serves as the association’s headquarters. The designation recognizes buildings that conserve natural resources while providing a comfortable and healthy environment for employees, tenants and visitor
NAHB Professional Women in Building Council Now Accepting Entries for Annual Awards Program
WASHINGTON, D.C. - July 31, 2014 - (RealEstateRama) -- The NAHB Professional Women in Building (PWB) Council is now accepting entries for its annual awards program. The awards recognize local councils and women in the home building industry for their contributions to the industry and philanthropic efforts in their communities
NAHB Revamps its Green Awards for 2014
WASHINGTON, D.C. - July 31, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today announced its new integrated Green Awards program. For the first time, industry professionals have the opportunity to be recognized across several awards programs for their green building accomplishments, rather than entering one standalone awards program
South Pushes Nationwide Housing Starts Down 9.3 Percent in June
WASHINGTON, D.C. - July 18, 2014 - (RealEstateRama) -- Nationwide housing production fell 9.3 percent to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was due primarily to a nearly 30 percent decline in the South. All other regions posted monthly gains
Builder Confidence Surpasses Key Benchmark in July
WASHINGTON, D.C. - July 17, 2014 - (RealEstateRama) -- Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading over 50 indicates that more builders view sales conditions as good than poor
Statement from NAHB Chairman Kevin Kelly on FHFA Proposal for Private Mortgage Insurance Companies
WASHINGTON, D.C. - July 14, 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 the Federal Housing Finance Agency’s (FHFA) draft eligibility requirements that private mortgage insurance companies would have to meet in order to insure loans sold to or guaranteed by Fannie Mae and Freddie Mac:
Bipartisan Energy Codes Bill a Boon for Consumers
WASHINGTON, D.C. - July 9, 2014 - (RealEstateRama) -- Bipartisan legislation introduced yesterday by Reps. Marsha Blackburn (R-Tenn.) and Kurt Schrader (D-Ore.) would help promote savings in commercial buildings and residential homes through the use of more cost-effective energy codes, which set energy efficiency baselines for buildings, according to the National Association of Home Builders (NAHB).
Steve Bomberger Elected as Chairman of NAHB 50+ Housing Council
WASHINGTON, D.C. - July 1, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced that Steve Bomberger of Wilmington, Del., has been elected as chairman of the NAHB 50+ Housing Council. Bomberger succeeds Robert Karen, managing member of the Symphony Development Group in Owings Mills, Md., and will serve a 1-year term.
Log Homes Council Members Celebrate National Log Home Open House Month in July
WASHINGTON, D.C. - July 1, 2014 - (RealEstateRama) -- Members of the National Association of Home Builders’ (NAHB) Log Homes Council (LHC) are celebrating National Log Home Open House Month in July by hosting home tours, log raising demonstrations, factory tours, seminars and much more. This marks the third anniversary of the national event for the LHC members
New-Home Sales Up 18.6 Percent in May
WASHINGTON, D.C. - June 24, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes rose 18.6 percent to a seasonally adjusted annual rate of 504,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest rate since May 2008
Statement from NAHB Chairman Kevin Kelly on Supreme Court Greenhouse Gas Ruling
WASHINGTON, D.C. - June 23, 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 U.S. Supreme Court ruling regarding the regulation of greenhouse gas emissions
Justin MacDonald Elected as Chairman of NAHB Multifamily Council
WASHINGTON, D.C. - June 19, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced that T. Justin MacDonald of Kerrville, Texas, has been elected as chairman of the NAHB Multifamily Council.
Housing Production Falls 6.5 Percent in May
WASHINGTON, D.C. - June 17, 2014 - (RealEstateRama) -- Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over 1 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, single-family permits, which can be an indicator of future building activity, rose 3.7 percent.
Builder Confidence Rises Four Points in June
WASHINGTON, D.C. - June 17, 2014 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose four points in to reach a level of 49 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. It remains one point shy of the threshold for what is considered good building conditions