Builder Confidence Holds Steady in January
WASHINGTON, D.C. - January 16, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes was unchanged in January, remaining at a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today. This means that following eight consecutive monthly gains, the index continues to hold at its highest level since April of 2006
ANSI Approves Next Generation of the ICC 700 National Green Building Standard
WASHINGTON, D.C. - January 14, 2012 - (RealEstateRama) -- In 2007, NAHB and the ICC partnered to establish a nationally-recognizable standard definition of green building. The resulting ICC 700 National Green Building Standard is the first and only residential green building rating system to undergo the full consensus process and receive approval from the American National Standards Institute (ANSI). This is the first time the standard has undergone Consensus Committee review and update since it was published in 2009.
Statement from NAHB Chairman Barry Rutenberg on Qualified Mortgage Rule
WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement regarding the Consumer Financial Protection Bureau’s newly-released standard on the definition of a qualified mortgage (QM) which addresses the borrower’s ability to repay a home loan:
Eileen O’Grady Ramage Named Chief Financial Officer of NAHB
WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced today that Eileen O’Grady Ramage has been named as its new chief financial officer. A certified public accountant, Ramage has 10 years of experience serving as a CFO of a national trade association. Previously, she served in senior management positions in the private sector and as partner at a public accounting firm. She is also a certified association executive.
Home Builders, Utilities Hail Reconsideration of EPA Stormwater Discharge Rule
WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- In a victory for the environment, affordable housing and the nation’s energy infrastructure, the National Association of Home Builders (NAHB), Utility Water Act Group (UWAG) and Wisconsin Builders Association have settled a longstanding lawsuit against the Environmental Protection Agency after the agency agreed to withdraw the numeric limit it developed to control stormwater runoff from construction sites and to pursue additional improvements to the 2009 rule.
List of Improving Housing Markets Expands to 242 in January
WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- In the latest sign of a burgeoning recovery in U.S. housing markets, the number of metropolitan areas on the National Association of Home Builders/First American Improving Markets Index (IMI) rose for a fifth consecutive month to 242 in January. This is up from 201 markets listed as improving in December, and includes entrants from 48 states and the District of Columbia.
New-Home Sales Rise in November
WASHINGTON, D.C. - December 28, 2012 - (RealEstateRama) -- Sales of new single-family homes increased 4.4 percent in November to a seasonally adjusted annual rate of 377,000 units, according to figures released today by HUD and the U.S. Census Bureau. It was the highest monthly total since April 2010 when the federal home buyer tax credit expired.
Housing Remains on Growth Track for 2013, but Challenges Remain
WASHINGTON, D.C. - December 20, 2012 - (RealEstateRama) -- Upward trends in recent months among a number of housing indicators point to a slow and steady growth in the nation’s housing market in 2013, but several challenges remain, according to the latest economic and housing forecast by David Crowe, chief economist for the National Association of Home Builders (NAHB)
Housing Starts Slip, Permits Rise In November
WASHINGTON, D.C. - December 19, 2012 - (RealEstateRama) -- Following an above-trend rate of production in October, nationwide housing starts slipped 3.0 percent to a seasonally adjusted annual rate of 861,000 units in November, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, permits for new construction rose to their strongest level in more than four years, with a 3.6 percent gain to 899,000 units.
Builder Confidence Continues Improving in December
WASHINGTON, D.C. - December 18, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose for an eighth consecutive month in December to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This marked a two-point gain from a slightly revised November reading, and the highest level the index has attained since April of 2006.
NAHB Pleased with 90-Day Delay but Still Advocates for a More Practical Fall Protection...
WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) applauds the federal Occupational Safety and Health Administration for listening to the industry’s plea to consider the negative implications the recent change in the fall protection requirements — such an important component of job site safety — would have on residential construction companies.
Apartment and Condominium Market Remains Steady in Third Quarter
WASHINGTON, D.C. - December 7, 2012 - (RealEstateRama) -- The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB) today, remained steady with an index level of 52. It is the third straight quarter with a reading over 50.
NAHB Announces Best of 50+ Housing Awards Finalists
WASHINGTON, D.C. - December 7, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) has announced the finalists for NAHB’s 2013 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry. A total of 83 entries were chosen as finalists and are eligible for either a Gold or Silver Award from NAHB’s 50+ Housing Council.
Number of Improving Housing Markets Surges to 201 in December
WASHINGTON, D.C. - December 6, 2012 - (RealEstateRama) -- The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index (IMI) surged by 76 to a total of 201 metros in December, according to IMI data released today. The index also shows that the number of states represented on the list by at least one metro increased from 38 in November to 44 (plus the District of Columbia) in December.
NAHB to Discuss How Recent Election Results will Impact the Housing Industry
WASHINGTON, D.C. - December 3, 2012 - (RealEstateRama) -- President Obama has the White House for another four years, while Republicans still control the House and Democrats still control the Senate. How they work together to address big concerns – the fiscal cliff, tax reform, the future of GSEs – will have a dramatic impact on the economy and the housing industry.
Pace of New-Home Sales Virtually Unchanged in October
WASHINGTON, D.C. - November 28, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes in October held virtually unchanged from a downwardly revised pace in the previous month, at a seasonally adjusted, annual rate of 368,000 units, according to figures released by HUD and the U.S. Census Bureau today.
Housing Starts Up 3.6 Percent in October
WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home construction since July of 2008.
Builder Confidence Rises Five Points in November
WASHINGTON, D.C. - November 19, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes posted a solid, five-point gain...
Statement from NAHB Chairman on the Actuarial Review of the FHA Mutual Mortgage Insurance...
WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement on the latest actuarial review of the FHA mutual mortgage insurance fund
Nationwide Housing Affordability Improves in Third Quarter
WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- Lower interest rates helped make homes more affordable to median-income families even as house prices continued to inch up in metro areas across the country in the third quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today.