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
Proposed Clean Water Act Rule is More Federal Overreach, Builders Tell Congress
WASHINGTON, D.C. - June 13, 2014 - (RealEstateRama) -- A proposed rule recently released by the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) to expand the reach of the Clean Water Act could increase the cost of new homes without a corresponding benefit to America’s lakes, rivers and other water bodies, the National Association of Home Builders (NAHB) told Congress today
Green Homes Show Growth in a Recovering Market According to New Report from McGraw...
WASHINGTON, D.C. - June 13, 2014 - (RealEstateRama) -- Residential construction is a key engine behind economic growth in the United States. According to McGraw Hill Construction’s Dodge Construction Market Forecast, single and multifamily housing projects account for about 45% of the value of all construction projects started in theUnited States in 2014. With that market forecasted to grow rapidly in coming years, the green activity and drivers in the market are critical.
Leading Markets Index Shows 56 Metros at or Above Normal Levels in June
WASHINGTON, D.C. - June 13, 2014 - (RealEstateRama) -- Of the approximately 350 metro markets nationwide, 56 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 net gain of nine metros year over year
NAHB Accepting Applications for Jerry Rouleau Awards for Excellence in Marketing and Home Design
WASHINGTON, D.C. - June 13, 2014 - (RealEstateRama) -- The Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) opened its call for entries for the 2015 Jerry Rouleau Awards for Excellence in Marketing and Home Design. The annual awards recognize the best marketing efforts and home designs in the building systems industry
Statement from NAHB Chairman Kevin Kelly on Shaun Donovan’s Service as HUD Secretary
WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., today issued the following statement regarding Shaun Donovan’s service as secretary of the U.S. Department of Housing and Urban Development:
NAHB Remodelers Now Accepting Entries for Annual Remodeling Awards
WASHINGTON, D.C. - May 28, 2014 - (RealEstateRama) -- Entries are now being accepted for the 2014 NAHB Remodelers awards which include NAHB Remodeler of the Year, National Remodeling Hall of Fame, Homes for Life awards and the Council Awards for Demonstrating Remodeling Excellence (CADRE)
Statement from NAHB Chairman Kevin Kelly on Julian Castro’s Nomination as HUD Secretary
WASHINGTON, D.C. - May 26, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., today issued the following statement regarding President Obama’s announcement to nominate San Antonio Mayor Julian Castro as the next secretary of the U.S. Department of Housing and Urban Development
New-Home Sales Rise 6.4 Percent in April
WASHINGTON, D.C. - May 23, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes rose 6.4 percent to a seasonally adjusted annual rate of 433,000 units in April, according to newly released data from HUD and the U.S. Census Bureau. The gain builds on an upward revision of sales numbers reported for the previous month
Statement from NAHB Chairman on Senate Judiciary Committee Withdrawal of Patent Reform Bill
WASHINGTON, D.C. - May 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 after the announcement that Senator Leahy has withdrawn patent reform from the Senate Judiciary Calendar for the foreseeable future
Senate Passage of Water Resources Bill Strengthens At-Risk Communities
WASHINGTON, D.C. - May 23, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) applauded Senate passage of the Water Resources and Development Act, legislation that would provide much-needed funding to strengthen levees and protect more home owners from the tragic consequences of flooding and storm damage in communities all over the country. The vote yesterday was 91-7
Multifamily Surge Propels Housing Starts Over 1 Million Mark in April
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production rose 13.2 percent for the month to a seasonally adjusted annual rate of 1.07 million units, due entirely to a 39.6 percent increase on the multifamily side, while single-family production held steady
FHA’s New Blueprint Is a Needed Step Toward Expanding Access to Affordable Mortgages
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- The following is a statement by Pamela H. Patenaude, Director of Housing Policy at the Bipartisan Policy Center, on the Federal Housing Administration’s Blueprint for Action:
Statement from NAHB Chairman on Senate Panel’s Passage of Housing Finance Reform Bill
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders and a home builder and developer from Wilmington, Del., today issued the following statement following the Senate Banking Committee’s passage of the Housing Finance Reform and Taxpayer Protection Act, legislation sponsored by Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho)
Builder Confidence Remains in Holding Pattern
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Housing Affordability Edges Higher in First Quarter
WASHINGTON, D.C. - May 16, 2014 - (RealEstateRama) -- Slightly lower median home prices along with steady mortgage rates contributed to higher housing affordability in the first quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today
Healthy Housing Industry Spurs Job Growth
WASHINGTON, D.C. - May 8, 2014 - (RealEstateRama) -- The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told Congress today
Economic Index Shows Metro Markets Continuing on Path to Normalcy
WASHINGTON, D.C. - May 8, 2014 - (RealEstateRama) -- Of the 351 metro markets measured, 300 have seen year-over-year economic gains, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. The index shows that 59 metros have fully returned to or even exceeded their last normal levels of economic and housing activity