According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
Members of the Campaign for Housing and Community Development Funding(CHCDF) sent a letter to congressional leaders today calling on them to protect low-income Americans by ending the government shutdown and passing full-year spending bills that provide strong funding for affordable housing and community development programs.
The Center for American Progress released a new reportoutlining a proposal—the Lead Exposure Activity Detection (LEAD) Innovation Fund—to reduce the prohibitive costs of testing for poisonous lead. Currently, nearly half of schools in the United States have not tested for the presence of lead
Jerome Karam is a familiar figure in the Friendswood area. He has his own legal firm and has experienced plenty of success representing 1000’s of clients in a span of 10 years. In addition to his work as an attorney, Karam is also one of the most relevant real estate developers in the Southwestern Louisiana and Texas areas.
The Department of Housing and Urban Development (HUD) and the Government National Mortgage Association (Ginnie Mae) today announced Executive Vice President and Chief Operations Officer Michael Bright will be stepping down on January 16
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the fourth quarter of 2018, only one point lower than the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since the second quarter of 2013.
After a year marked by numerous price spikes, construction costs declined in December but remained elevated compared to year-earlier prices, while prices of new buildings also moved higher, according to an analysis by the Associated General Contractors of America of new Labor Department data.
Last year, many observers expressed their concerns about the new tax laws and what effect they could have on the housing market. However, the limitations placed on property tax and mortgage interest deductions did not have the dampening effect they expected. As a matter of fact, rising home prices and rising mortgage rates did more to slow down the market
Four years after the National Institute of Building Sciences Off-Site Construction Council (OSCC)conducted an initial survey to gain an understanding of how the U.S. construction sector is using off-site construction techniques and technologies
Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Second Nature, in partnership with the U.S. Green Building Council (USGBC), announced that the University of Illinois at Urbana-Champaign and Delta College are the recipients of the 2018 Climate Leadership Awards.
During the Opening Keynote Breakfast at Building Innovation 2019: The National Institute of Building Sciences Seventh Annual Conference and Expo, in Washington, D.C., the Institute revealed its refreshed logo and brand identity.
According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward.
Community Associations Institute (CAI), the leading international authority in community association education, governance, and management, announced the opening period for scholarship applications to attend Community Now, CAI's 2019 Annual Conference and Exposition, May 15–18, in Orlando, Fla.
Congresswoman Eleanor Holmes Norton (D-DC) today announced that a federal lands package introduced by Senate Energy and Natural Resources Committee Chairman Lisa Murkowski (R-AK) contains Norton’s bill that clarifies that the District of Columbia and the National Park Service (NPS)
Norton Thanks Chairman McGovern, Rules Committee Democrats for Rejecting Republican Anti-Home-Rule Amendments to D.C....
Congresswoman Eleanor Holmes Norton (D-DC) said that the House Rules Committee last evening at a markup defeated three anti-home-rule amendments that Norton had to fight hard to defeat before Democrats took the House majority. Norton thanked Rules Committee Chairman Jim McGovern (D-MA) and Committee Democrats for rejecting the amendments
The Congregation of the Sisters of Mercy in Ireland has made a sizeable donation to the largest affordable housing nonprofit in the U.S., Mercy Housing, Inc., to build opportunity for low-income families.
The Alliance to Save Energy released the following statement from President Jason Hartke on Thursday after the U.S. Senate on Wednesday evening confirmed Daniel Simmons to be DOE’s Assistant Secretary of Energy heading the Office of Energy Efficiency and Renewable Energy:
According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward
As residential appraisers face new concerns, the Appraisal Institute continues spending significant time and resources on the issues and challenges impacting valuation professionals, according to an article in Valuation magazine’s fourth quarter 2018 issue