HUD Secretary Shaun Donovan to Address NAHB Members
WASHINGTON, D.C. - June 7, 2012 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan will deliver a special address to the NAHB membership during its upcoming Spring Board of Directors meeting in Washington, D.C., tomorrow at 3:30 p.m.
More than 700 Builders Call on Congress to Make Housing and Homeownership a National...
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- More than 700 home builders trekked to Capitol Hill today to call on Congress to make housing and homeownership a national priority and to take concrete steps to get housing back on track in order to create jobs and keep the economy moving forward
National Homeownership Month in June Highlights Opportunities to Support Homeownership
WASHINGTON, D.C. - June 1, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) wants current and future home owners to know about the many opportunities they have to show their support for the American dream of homeownership during National Homeownership Month in June. For anyone looking to buy their first home, or to move up to a space that is better suited for their current lifestyle, market conditions make it a great time to buy a home. And a new website from NAHB — www.ProtectHomeownership.com — helps the public take action to protect the many benefits of owning a home that are being threatened by legislative and regulatory proposals.
Industry Experts Reveal Current Trends in Apartment Living
WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- The location of an apartment building remains the most important feature for renters when choosing where they want to live, according to industry experts during a recent webinar hosted by the National Association of Home Builders (NAHB). The experts also discussed key market trends emerging in interior, exterior and outdoor living and how generational differences affect apartment design.
New-Home Sales Rise 3.3 Percent in April
WASHINGTON, D.C. - May 23, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 3.3 percent in April to a seasonally adjusted annual rate of 343,000 units, according to newly released data from HUD and the U.S. Census Bureau.
NAHB to Host Webinar on Top Apartment Features
WASHINGTON, D.C. - May 21, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host a webinar on the top 12 must-haves in today’s apartments. When it comes to apartment living, renters have made it clear which features they expect in their homes. Industry experts will discuss these key market trends emerging in interior, exterior and outdoor living and how generational differences affect apartment design.
Nationwide Housing Affordability Reaches New Record High
WASHINGTON, D.C. - May 17, 2012 - (RealEstateRama) -- Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today. Yet tight lending conditions continue to pose a major obstacle to many prospective home buyers
April Housing Starts Rise 2.6 Percent From Upwardly Revised Rate
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April, according to newly released figures from the U.S. Census Bureau and HUD. This modest gain was seen in both the single- and multifamily sectors, which registered growth of 2.3 percent and 3.2 percent, respectively.
Builder Confidence Rises Five Points in May
WASHINGTON, D.C. - May 15, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the index’s strongest reading since May of 2007.
New Website Helps Home Owners, Buyers Protect the American Dream
WASHINGTON, D.C. - May 14, 2012 - (RealEstateRama) -- Despite the fact that Americans overwhelmingly support homeownership, legislative and regulatory proposals now under consideration would greatly harm home owners, home buyers, the housing market and the nation's economy.
Builder Confidence in the 55+ Housing Market Shows Significant Improvement in the First Quarter
WASHINGTON, D.C. - May 10, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes had a significant increase in the first quarter of 2012 compared to the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. The index increased 10 points to 27, and although 27 is relatively low for an index that lies on a scale of 0 to 100, it is nevertheless the highest reading since the inception of the index in 2008.
Builders Urge Congress to Improve Lacey Act to Protect Consumers, Businesses
WASHINGTON, D.C. - May 10, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today called on Congress to amend the Lacey Act so that individuals and businesses that unknowingly purchase illegal wood products from overseas do not have their property seized and are not exposed to civil and criminal liability.
Kitchens and Bathrooms Remain Top Remodeling Jobs According to NAHB Survey
WASHINGTON, D.C. - May 8, 2012 - (RealEstateRama) -- A new survey released by the National Association of Home Builders (NAHB) shows common remodeling projects have increased, compared to a similar survey from 2010. The survey, released today in conjunction with National Home Remodeling Month, describes the changes the remodeling market has undergone in recent years.
100 Housing Markets on Improving List in May
WASHINGTON, D.C. - May 7, 2012 - (RealEstateRama) -- The list of housing markets showing measurable and sustained improvement held virtually unchanged in May at 100, down from 101 in April, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The number of states represented on the list also held firm from the previous month, at 35 (including the District of Columbia).
Quality and Value Driving Growth in the Green Building Market, According to New SmartMarket...
WASHINGTON, D.C. - May 2, 2012 - (RealEstateRama) -- McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today released its latest SmartMarket Report: New and Remodeled Green Homes: Transforming the Residential Market at the National Association of Home Builders’ (NAHB) National Green Building Conference and Expo. The report includes McGraw-Hill Construction’s estimate that the green homes share of the construction market was 17% in 2011, equating to $17 billion, and expected to rise 29%-38% by 2016, potentially a $87–114 billion opportunity, based on the five-year forecast for overall residential construction.
NAHB Announces National Green Building Awards Winners
WASHINGTON, D.C. - May 2, 2012 - (RealEstateRama) -- Eleven builders, remodelers and other home building industry professionals were honored yesterday as winners of the National Green Building Awards by the National Association of Home Builders (NAHB). The awards were presented during the 14th annual National Green Building Conference held in Nashville, Tenn.
Economists Say Housing Outlook Continues to Slowly Brighten
WASHINGTON, D.C. - April 26, 2012 - (RealEstateRama) -- Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the road, according to economists participating in yesterday’s National Association of Home Builders (NAHB) construction forecast webinar on the housing and economic outlook.
W. Dean Henry to Lead NAHB’s Multifamily Leadership Board
WASHINGTON, D.C. - April 26, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today announced that W. Dean Henry, a real estate executive from Foster City, Calif., has been appointed chairman of NAHB’s Multifamily Leadership Board (MLB). Henry succeeds Charles R. Brindell Jr., chairman and CEO, Mill Creek Residential Trust LLC, and will serve a two-year term.
Remodeling Market Index Remains Relatively Flat in First Quarter
WASHINGTON, D.C. - April 26, 2012 - (RealEstateRama) -- CORRECTION: Due to a recently discovered computer coding error, NAHB has revised the RMI going back to 2006. The error had slightly reduced the true values of the overall index, as well as its two major components. The revisions generally show a one point or less quarterly increase, with quarter-to-quarter patterns remaining relatively unchanged. Some of the subcomponents experienced larger revisions but in a counteracting fashion, so that the impact on the primary indicators was muted.
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.