March Home Sales Decline From Upwardly Revised Earlier Pace
WASHINGTON, D.C. - April 24, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department.
NAHB to Host its Spring Construction Forecast Webinar on Wednesday
WASHINGTON, D.C. - April 24, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, April 25, in a two-hour webinar from 2:00-4:00 p.m. featuring three renowned industry experts.
NAHB, Chinese Manufacturers Sign Major Exhibition Agreement
WASHINGTON, D.C. - April 19, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) has signed a memorandum of understanding with a major Chinese trade association that will bring a large number of additional manufacturers and product options to the annual NAHB International Builders’ Show in Las Vegas in January 2013. The agreement underscores the International Builders’ Show’s role as the preeminent light construction trade show in the Americas.
Home Builders Urge Congress to Provide Certainty and Permanency in Tax Code
WASHINGTON, D.C. - April 18, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today called on Congress to simplify the tax code as part of a comprehensive tax reform effort in order to help small businesses to continue serve as an engine of economic growth.
Single-Family Housing Starts Virtually Unchanged in March
WASHINGTON, D.C. - April 17, 2012 - (RealEstateRama) -- Single-family housing production held virtually unchanged in March as a double-digit decline in the more volatile multifamily sector brought combined nationwide starts activity down 5.8 percent to a seasonally adjusted annual rate of 654,000 units, according to data released by the U.S. Commerce Department today.
Builder Confidence Slips Three Notches in April
WASHINGTON, D.C. - April 17, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today. The decline brings the index back to where it was in January, which was the highest level since 2007.
Diverse Group Calls on CFPB to Create Broad QM Market
WASHINGTON, D.C. - April 17, 2012 - (RealEstateRama) -- A diverse group of 33 lenders, housing professionals, consumer advocates and civil rights organizations came together today to call on the CFPB to issue broadly defined and clear Qualified Mortgage (QM) standards as part of the forthcoming Ability to Repay regulation.
Mortgage Interest Deduction Softens Blow as “Tax Day” Approaches
WASHINGTON, D.C. - April 12, 2012 - (RealEstateRama) -- With the April 17 tax-filing deadline right around the corner, the most important tax deduction for tens of millions of middle-class families could be on the chopping block as early as next year’s tax season if some policymakers get their way
101 Housing Markets on Improving List in April
WASHINGTON, D.C. - April 5, 2012 - (RealEstateRama) -- The list of housing markets showing measurable improvement expanded slightly to include 101 metropolitan areas in April, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. Thirty-five states (including the District of Columbia) are now represented by at least one market on the list.
Creativity and Cost-Savings Measures Reflected in Top New Home Design Trends
WASHINGTON, D.C. - April 3, 2012 - (RealEstateRama) -- The home building industry celebrates New Homes Month in April by sharing the hottest design trends that will be seen in new homes in 2012. New home buyers will be able to take advantage of emerging market trends that incorporate creative use of materials, layouts and features that provide maximum utility and beauty while being cost-conscious at the same time
Former NFL Players, Home Builders Build Sheds and Character with Naples High School Students
WASHINGTON, D.C. - March 30, 2012 - (RealEstateRama) -- Students at Lely High School’s Construction Academy worked with an unusual team of apprentices for their community service project on March 29. More than 20 former NFL football players from around the country, along with volunteers from the Collier Building Industry Foundation, spent the afternoon with the students pounding nails instead of opposing players as they constructed storage sheds for homes built by Habitat for Humanity of Collier County.
Statement from NAHB Chairman Barry Rutenberg on Sen. Barrasso’s Water Bill
WASHINGTON, D.C. - March 29, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statements regarding S. 2245, the Preserve Waters of the United States Act. Introduced by Sen. John Barrasso (R-Wyo.) and 29 other Senators from across the country, this legislation will prevent the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) from using a draft guidance to dramatically expand the scope of the Clean Water Act
New-Home Sales Decline 1.6 Percent in February
WASHINGTON, D.C. - March 23, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes slowed 1.6 percent to a seasonally adjusted annual rate of 313,000 units in February, according to data jointly released by HUD and the U.S. Commerce Department today
Delaware Builder Meets with Fed Chairman and HUD Secretary to Keep Housing a Top...
WASHINGTON, D.C. - March 22, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss pr...
National Housing Endowment Invests in Construction Management Programs with 2012 HELP Grants
WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Students at two universities will benefit from improved residential construction management programs due to grants from the Homebuilding Education Leadership Program (HELP) of the National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB). The grants were announced at the NAHB Student Chapter Award Ceremony at the International Builders’ Show in Orlando in February.
Delaware Builder Meets with Fed Chairman and HUD Secretary to Keep Housing a Top...
WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss problems affecting the home building industry and policies that will help the housing market recover.
Housing Starts Decline 1.1 Percent in February
WASHINGTON, D.C. - March 20, 2012 - (RealEstateRama) -- Nationwide housing starts edged down 1.1 percent to a seasonally adjusted annual rate of 698,000 units in February, according to newly released figures from the U.S. Commerce Department. This was the second-best pace of new construction since October of 2008 following an upwardly revised 706,000-unit pace in January.
NAHB Green Conference Offers Building Professionals the Tools to Succeed in a Changing Market
WASHINGTON, D.C. - March 19, 2012 - (RealEstateRama) -- The green share of new single-family residential construction has grown dramatically—increasing from two percent in 2005 to 17 percent in 2011, according to McGraw-Hill Construction. Builders and remodelers looking to expand their knowledge of building green, and find out where the market is going, are invited to attend the 2012 National Green Building Conference and Expo in Nashville April 29-May 1.
Builder Confidence Unchanged in March
WASHINGTON, D.C. - March 19, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This means that following five consecutive months of gains, the HMI is now holding at its highest level since June of 2007.
Ninety-Nine Housing Markets Seen as Improving in March
WASHINGTON, D.C. - March 15, 2012 - (RealEstateRama) -- The tally of housing markets showing measurable improvement reached 99 in March, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. Currently 33 states (including the District of Columbia) are represented by at least one market on the list.