The National Association of Home Builders (NAHB) today denounced the decision by the U.S. Department of Commerce to impose a 20 percent countervailing duty on Canadian lumber imports, saying it will harm American home buyers, consumers and businesses while failing to resolve the underlying trade dispute between the two nations.
Statement from NAHB Chairman Granger MacDonald on Comments by Commerce Secretary Ross Regarding Canadian...
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today responded to comments by Commerce Secretary Wilbur Ross regarding the imposition of tariffs on Canadian lumber imports
Sales of newly built, single-family homes rose for the third straight month, increasing 5.8 percent in March to a seasonally adjusted annual rate of 621,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
WASHINGTON – More than 1,000 U.S. companies and organizations signed a letter to Congress and the administration calling for lawmakers to strengthen the ENERGY...
Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 21, 2017
The American Academy of Environmental Engineers and Scientists® (AAEES) presented the Inland Empire Utilities Agency (IEUA/Agency) grand prize awards in three categories for the Regional Water Recycling Plant No. 5 Battery Storage Project at the annual awards luncheon held on April 13, 2017, at the National Press Club in Washington, DC
Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in sales activity in March.
The National Association of Realtors®’ strategic investment arm, Second Century Ventures, unveiled seven organizations chosen for the 2017 class of REach®, a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing early-to mid-stage companies with access to NAR’s industry expertise, influence and key relationships as companies are launched into the trillion dollar real estate space
California and Oregon Add Most Jobs for the Year; Illinois and Mississippi Have Largest Declines; New Mexico and California Top Monthly List; Alaska and Illinois Have Biggest Month-to-Month Drops
Statement from NAHB Chairman Granger MacDonald on Canada Seeking Alternative Source of Lumber Exports...
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville Texas, today issued the following statement regarding reports that Canada is looking at China to boost lumber exports as an alternative to the U.S
The Mortgage Bankers Association (MBA) today released a white paper GSE Reform: Creating a Sustainable, More Vibrant, Secondary Mortgage Market which provides a detailed picture of a reformed and revitalized secondary mortgage market. It also attempts to shed light on two critical areas that have tested past reform efforts - the appropriate transition to the reformed system and the role of the secondary market in advancing an affordable housing strategy.
Some people think about it, while others would rather not. But if you’ve ever wondered what happens to all the water that leaves your home after the dishes are done and the toilet is flushed… now is your chance to find out.
Despite moderate improvements over the first quarter of 2017, all four indexes of the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions remained below the breakeven level of 50. The Market Tightness (41), Sales Volume (30), Equity Financing (42), and Debt Financing (41) all indicated continued softening conditions in apartment markets even as demand for apartment residences remains strong.
House Bill 1351 unanimously passed the House Commerce committee today. House Majority Leader Ray Rodrigues, Tom Kimbis with the Solar Energy Industries Association (SEIA) and Scott Thomasson with Vote Solar issue the following statements in response to legislative activity in Florida.
MISMO, the Mortgage Industry Standards Maintenance Organization, has elevated Version 3.3 of the MISMO Reference Model standard to "Recommendation" status. "Recommendation" status is the highest possible level given to a MISMO standard. MISMO members recently voted to elevate Version 3.3 to Recommendation status based on evidence of multiple successful industry implementations.
Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 14, 2017. This week's results do not include an adjustment for the Good Friday holiday
The annual potential of solar energy far exceeds the world's energy consumption, but the goal of using the sun to provide a significant fraction of global electricity demand is far from being realized
The Trump administration is currently deciding whether the United States will remain in the Paris Agreement and stand by its climate commitments. The upcoming meetings of international forums—including the G-7 and G-20—will provide some clarity on the new U.S. role in the global climate effort and the international response. In the meantime, there are indications that other major economies are steadfast in supporting the climate movement.
The Solar Energy Industries Association (SEIA), the industry's national trade group, has sent a letter urging a Nevada Assembly committee to pass a pro-consumer net metering bill (AB 270). That measure would return the state to its previous net metering policy, which allowed all homeowners to sell excess electricity back to the utility and solar jobs to flourish.
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advocated that homeowners pursue smaller-scale renovation projects in order to maximize their potential return on investment
Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1 percent above the pace in 2016
A coalition of clean energy groups voiced their support today for proposed interconnection changes by the Federal Energy Regulatory Commission (FERC) to improve the efficiency and transparency of interconnection requests and remove barriers to renewable energy development
With an offer of $100,000 from investor Barbara Corcoran, 2015 REach real estate technology accelerator participant and personal safety device company, Guard Llama(link is external), is officially a part of “Shark Tank” television history.
Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
Immigrants’ Strong Desire for Homeownership Will Shape U.S. Housing Markets, Says New ULI Report,...
The housing and neighborhood location choices of immigrants will have a significant impact on urban growth in the U.S. for decades to come, particularly as more foreign-born residents seek to own homes in suburban communities, according to new research from the Urban Land Institute’s Terwilliger Center for Housing. Homebuilders and developers who can deliver the housing options immigrants want and need stand to benefit in the years to come.
Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 7, 2017.
Former Senator and U.S. Energy Secretary Spencer Abraham will be providing the luncheon keynote at the Annual Spring Meeting on Friday, April 21. Currently a principal in the Washington, D.C., office of Blank Rome Government Relations LLC, Abraham served for four years as Secretary of Energy for under President George W. Bush, and six years as a U.S. Senator.
Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental
The District of Columbia Housing Finance Agency (DCHFA) issues $55 million (long term tax exempt bonds) in acquisition and construction financing for Guild (1346 4th Street SE) a new apartment building with 39 of its 191 units reserved for residents earning at or below 50 percent of the area median income. The affordable units will be interspersed with the market rate units creating an income diverse community.