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NAHB (National Association of Home Builders) is a trade association that helps promote the policies that make housing a national priority. Since 1942, NAHB has been serving its members, the housing industry, and the public at large. Contact: Ann Marie Moriarty 202-266-8350

Investment in Resource Efficiency One of Many Ways to Celebrate Earth Day

WASHINGTON, D.C. - April 22, 2011 - (RealEstateRama) -- On the 41st anniversary of Earth Day, the National Association of Home Builders (NAHB) reminds consumers that an investment in energy and resource efficiency can pay real dividends by reducing a home's energy use and the associated costs.This year, the Earth Day Network is encouraging people all over the world to contribute to "a billion acts of green."

Housing Starts Rise 7.2 Percent in March

WASHINGTON, D.C. - April 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 7.2 percent to a seasonally adjusted annual rate of 549,000 units in March from an upwardly revised number in the previous month, the U.S. Commerce Department reported today. Coming on the heels of disappointing declines in February, this gain was represented in both the single- and multifamily sectors, and was mirrored by substantial improvements in building permit issuance for the same period."While the overall rate of new-home production remains quite low and is still being weighed down by significant uncertainties among both home builders and buyers, this latest report is encouraging," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "It means that some builders are cautiously beginning to re-stock their extremely thin inventories of new homes in anticipation of gradual improvement in consumer demand as the economy slowly inches toward recovery."

Builder Confidence Slips Back a Notch in April

WASHINGTON, D.C. - April 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes slipped back one notch to 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for April, released today. The index has now held at 16 for five of the last six months.

Proposed QRM Harms Creditworthy Borrowers and Housing Recovery

WASHINGTON, D.C. - April 14, 2011 - (RealEstateRama) -- The following statement was issued by the Center for Responsible Lending, the Community Mortgage Banking Project, the Mortgage Bankers Association, the Mortgage Insurance Companies of America, the National Association of Home Builders and the National Association of Realtors in advance of the April 14th House Subcommittee on Capital Markets and Government Sponsored Enterprises hearing on the Qualified Residential Mortgage:“In the midst of a very fragile housing recovery, the government is throwing a devastating, unnecessary and very expensive wrench into the American dream. First time homebuyers will have to choose between higher rates today or a 9-14 year delay while they save up the necessary down payment. And 25 million current homeowners would be locked out of lower refinancing rates because they lack the required 25 percent equity in their homes.”

Statement from NAHB Chairman Bob Nielsen on President Obama’s Plan to Reduce Long-Term Deficits

WASHINGTON, D.C. - April 14, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding President Obama’s speech today at George Washington University on deficit reduction:“President Obama today reiterated the importance of tax policy in promoting homeownership but endorsed limiting itemized deductions, including the mortgage interest deduction. Home owners cannot afford higher taxes at a time when the housing market is struggling to recover and contribute to economic growth.

NAHB Webinar to Present Latest Economic Forecast and Emerging Trends in the 50+ Housing...

WASHINGTON, D.C. - April 6, 2011 - (RealEstateRama) WHAT: The 50+ housing market does not always mirror the overall housing industry. Panelists on the call will provide an overview of the 50+ industry and discuss how it is performing compared to the rest of the industry, as well as provide an analysis of emerging trends and growth opportunities.

Home Builders Applaud Congressional Passage of 1099 Repeal

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- The Senate today approved legislation supported by the National Association of Home Builders (NAHB) to repeal a burdensome tax paperwork requirement that could cost small businesses thousands of dollars each year. The bill now goes to President Obama for his approval.“During the past several months, NAHB has led the effort along with other industry groups to strike all new expanded IRS Form 1099 reporting requirements for small businesses and owners of rental real estate,” said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. “In testimony before Congress and in ‘key vote’ letters to House and Senate leaders, we have spelled out how failing to overturn these rules would kill jobs and place a major paperwork and cost burden on home builders. We applaud Congress for acting to rectify this situation and urge the President to quickly sign this measure into law.”

New Homes Strengthen Economy Year-Round

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire year."Home building is a key driver of the American economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "By generating economic activity including new income and jobs, purchases of goods and services, and revenue for local governments, housing—which has historically accounted for around 17 percent of the GDP—can put America back to work."

Home Builders: Effective Housing Finance System Critical to a Sound Economy

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- As Congress and the Administration debate potential reforms of the housing finance companies Fannie Mae and Freddie Mac, the National Association of Home Builders (NAHB) today called on Congress to develop a workable housing finance system before it moves forward with policies that would further destabilize the struggling housing market."A finance system that provides liquidity for the housing sector in all geographic markets throughout the economic cycle is a prerequisite to achieving housing policy objectives," NAHB Chairman Bob Nielsen, a home builder from Reno, Nev., told members of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.

Twenty Percent Downpayment Rule Would Disrupt First-time Home Buyer Market

WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- A plan unveiled today by the Federal Deposit Insurance Corp. that would require a minimum 20 percent down payment for "qualified residential mortgages" would disrupt the housing market and jeopardize the economic recovery, according to the National Association of Home Builders (NAHB).

Statement from NAHB on Proposals to Eliminate the Role of the GSEs in the...

WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., today issued the following statement on legislative proposals by Congressional leaders to effectively eliminate the role of the GSEs in the U.S. mortgage market:“The National Association of Home Builders strongly supports efforts to modernize the nation’s housing finance system, including reforms to the government sponsored enterprises Fannie Mae and Freddie Mac. We can’t go back to the system that existed before the Great Recession, but it is critical that any reforms be well-conceived, orderly and phased in over time.

National Green Building Conference to Showcase the Latest in Green Products and Services

WASHINGTON, D.C. - March 29, 2011 - (RealEstateRama) -- Housing professionals from across the country will convene at the Salt Palace Convention Center in Salt Lake City, Utah, May 1-3, for the 2011 National Green Building Conference and Expo. Exhibitors showcasing the latest and most innovative green and energy efficient products and services will be on display.Here are just some of the many exciting green innovations that building professionals will see at the upcoming show

New-Home Sales Hit Record Low in February

WASHINGTON, D.C. - March 23, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes declined 16.9 percent in February to a record-low seasonally adjusted annual rate of 250,000 units, according to figures released today by the U.S. Commerce Department."Today's report is primarily a reflection of consumer uncertainty regarding the overall economy," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "A recent Gallup poll confirmed that the economy is Americans' top concern right now. At the same time, even qualified buyers who are ready to make a purchase are facing frustrating challenges in terms of tight consumer lending conditions and inappropriately low appraisal values on new construction."

Young Home Buyers Will Lead Housing Market Recovery, Says NAHB

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB).These potential home buyers are most likely to think it's a good time to get off the fence – and have strong opinions about the design features their new homes will include.

Builders Urge Congress to Restore Flow of Credit to Housing

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- Restoring the flow of acquisition, development and construction (AD&C) lending that has been choking off credit for home builders and impeding job growth took center stage today as 500 builders from across the country converged on Capitol Hill for the annual NAHB Legislative Conference."Our message to Congress is simple and straightforward," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nevada. "Unless we resolve the ongoing credit problems for home builders – the vast majority who are small business owners who employ less than 10 workers – the industry will lose even more jobs, resulting in longer-term economic damage."

New NAHB Document Explains Detection, Remediation for Problematic Drywall

WASHINGTON, D.C. - March 16, 2011 - (RealEstateRama) -- A new resource for builders and remodelers looking for answers on the critical question of how to detect and remediate problematic drywall imported from China in recent years is now available from the National Association of Home Builders (NAHB)."Imported Problematic Drywall:

Housing Starts and Permits Stall in February

WASHINGTON, D.C. - March 16, 2011 - (RealEstateRama) -- Nationwide housing starts and issuance of permits for new housing construction both posted disappointing declines in February as concerns about a growing number of factors caused builders to pull back on production of new homes, according to newly released figures from the U.S. Commerce Department. Total housing starts declined 22.5 percent from January to a seasonally adjusted annual rate of 479,000 units, the second-slowest pace on record. Equally disconcerting, total permit issuance for new homes fell 8.2 percent to a record low pace of 517,000 units in February.

Tax Time Can Mean Big Savings for Homeowners

WASHINGTON, D.C. - March 15, 2011 - (RealEstateRama) -- As the April 18 federal income tax filing deadline approaches, many American home owners are realizing the financial benefits of homeownership—savings that can add up to tens of thousands of dollars over several years."The mortgage interest deduction is one homeownership tax incentive that has been part of the tax code for nearly 100 years," said Bob Nielsen, chairman of the National Association of Home Builders and a home builder from Reno, Nev. "Incentives such as this have helped millions of American families be able to afford a home of their own."

Builder Confidence Edges Up One Point in March

WASHINGTON, D.C. - March 15, 2011 - (RealEstateRama) -- After four consecutive months hovering at the same low level, builder confidence in the market for newly built, single-family homes improved by a single point in March, rising to 17 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest level the HMI has reached since May 2010, when the survey period corresponded with the final days of the federal home buyer tax credit program.

Builders Support Five-Year Extension of National Flood Insurance Program

WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today voiced strong support for congressional efforts to extend the National Flood Insurance Program (NFIP) for an additional five years to provide ongoing flood insurance protection for property owners and ensure the nation's real estate markets operate smoothly and without delay.Testifying before the House Financial Services Subcommittee on Housing and Community Opportunity, NAHB First Vice Chairman Barry Rutenberg, a home builder from Gainesville, Fla., said that the home building industry depends upon the NFIP to remain available, affordable and financially sound.

Recent NAHB Press Releases

NAHB

Apartment and Condominium Market Bounces Back to Positive Territory in Second...

Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).

Random NAHB in News

CNNBusiness

Fears of housing downturn may have been overblown

But the National Association of Home Builders (NAHB) said Wednesday that builder confidence spiked last month thanks to a drop in interest rates.
Forbes

I Want A Better House

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Property Tax Bills Arriving Soon

he New Hanover County Tax Department has started mailing real estate and personal property tax bills, so property owners should receive their bill by the end of August.