NAHB to Host Media Teleconference on the Need to Raise Conforming Loan Limits
WASHINGTON, D.C. – November 7, 2011 – (RealEstateRama) — The National Association of Home Builders (NAHB) will host a media teleconference tomorrow to discuss the need for Congress to support the extension of higher loan limits for the GSEs and FHA.
House Price Estimator Shows Value of Homes’ Physical Features, Neighborhood Characteristics
WASHINGTON, D.C. – November 7, 2011 – (RealEstateRama) — According to an online house price estimator and economic model just updated by the National Association of Home Builders (NAHB), a third full bathroom is the one feature that can have the greatest impact on the value of a standard new single-family detached house in a Southern suburb, increasing the estimated price by about $43,000.
Improving Markets Index Expands to 30 Metros in November
WASHINGTON, D.C. – November 7, 2011 – (RealEstateRama) — The number of improving housing markets continued to expand for a third consecutive month in November, rising from 23 to 30 on the latest National Association of Home Builders/First American Improving Markets Index (IMI), released today. The list dropped two metros and added nine new ones – Cheyenne, Wyo.; Corpus Christi, Tex.; Davenport, Iowa.; Fort Collins, Colo.; Hinesville, Ga.; Lima, Ohio; Monroe, La.; Tyler, Tex.; and Williamsport, Pa.
Remodeling Activity Remains Slow Under Current Economic Conditions
WASHINGTON, D.C. – October 28, 2011 – (RealEstateRama) — The current state of the national economy continues to affect the remodeling industry, according to the latest National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The index dropped to 41.7 in the third quarter from 43.9 in the second quarter, after having reached a four-year high of 46.5 in the first quarter. An RMI below 50 indicates that more remodelers report that market activity is declining than report that it is increasing.
Congress Recognizes NAHB Member for Helping Homeless Women Veterans
WASHINGTON, D.C. – October 28, 2011 – (RealEstateRama) –Home builder Chip Smith and his company Blue Ridge Log Cabins of Campobello, S.C., were recognized from the floor of the U.S. House of Representatives by Rep. Trey Gowdy (R-S.C.) on Oct. 26 for building a home for women veterans. The home was donated to the Steps-N-Stages Jubilee House, a non-profit agency that provides housing for homeless and disabled women veterans and their families in Fayetteville, N.C.
New-Home Sales Rise 5.7 Percent in September
WASHINGTON, D.C. – October 26, 2011 – (RealEstateRama) — Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 313,000 units in September, according to newly released data from the U.S. Commerce Department. This marks the fastest pace of new-home sales in the past five months.
NAHB Honors Building Systems Industry Leaders
WASHINGTON, D.C. – October 25, 2011 – (RealEstateRama) — The National Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) bestowed 23 achievement awards to leading manufacturers and builders in the systems-built industry with the 2012 Jerry Rouleau Awards for Excellence in Marketing and Home Design.
Statement from NAHB Chairman Bob Nielsen on Changes to the Home Affordable Refinance Program
WASHINGTON, D.C. – October 25, 2011 – (RealEstateRama) — Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding today’s announcement by the Federal Housing Finance Agency (FHFA) to enact a series of changes to the Home Affordable Refinance Program (HARP):
Media Advisory: NAHB to Host its Fall Construction Forecast Webinar on Wednesday
WASHINGTON, D.C. – October 24, 2011 – (RealEstateRama) — The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, October 26, in a two-hour webinar from 2:00-4:00 p.m. featuring three renowned industry experts.
NAHB Names the Prometheus Real Estate Group 2011 Property Management Company of the Year
WASHINGTON, D.C. – October 20, 2011 – (RealEstateRama) — The Prometheus Real Estate Group, based in San Mateo, Calif., took top honors as 2011 Property Management Company of the Year in the National Association of Home Builders’ (NAHB) Multifamily Pillars of the Industry Awards competition.
Presidential Hopefuls Must Address Housing Issues
WASHINGTON, D.C. – October 20, 2011 – (RealEstateRama) — As noted by the Wall Street Journal, MSNBC and other media outlets, the Republican presidential candidates let a great opportunity slip away during Tuesday night’s presidential debate to explain how they would address the nation’s housing problems in order to get the housing market and economy back on track, according to the National Association of Home Builders (NAHB).
Housing Starts Rise 15 Percent in September
WASHINGTON, D.C. – October 19, 2011 – (RealEstateRama) — Nationwide housing starts rose 15 percent to a seasonally adjusted annual rate of 658,000 units in September, marking the strongest pace of residential construction since April of 2010, according to figures released by the U.S. Commerce Department today. The gain was largely attributed to a sharp increase on the multifamily side, which has been trending upward due to increased demand for rental apartments.
NAHB Remodelers Awards Remodeler of the Year
WASHINGTON, D.C. – October 19, 2011 – (RealEstateRama) — NAHB Remodelers named Mike Nagel, CGR, CAPS, of Men at Work Chicago, the 2011 Remodeler of the Year in recognition of his professional remodeling achievements and support of industry professionalism. The award was given at the NAHB Remodelers awards gala held last week during the Remodeling Show in Chicago.
DSF Group Named Development Firm of the Year in 2011 NAHB Multifamily Pillars of the Industry Awards
WASHINGTON, D.C. – October 18, 2011 – (RealEstateRama) — The Boston-based DSF Group earned top honors as Multifamily Development Firm of the Year for its tight focus on “best of class” projects. The award was presented last week by the National Association of Homebuilders (NAHB) as part of the association’s Multifamily Pillars of the Industry Awards
Home Builder Confidence Rises Four Points in October
WASHINGTON, D.C. – October 18, 2011 – (RealEstateRama) — Builder confidence in the market for newly built, single-family homes rose four points to 18 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for October, which was released today. This is the largest one-month gain the index has seen since the home buyer tax credit program helped spur the market in April of 2010.
2012 International Builders’ Show Provides Unique Benefits for Attendees and Exhibitors
WASHINGTON, D.C. – October 17, 2011 – (RealEstateRama) — With pre-registration almost 25 percent higher than it was at this time last year and exhibit space sales going strong, the 2012 International Builders’ Show (IBS) is shaping up to be an outstanding event for both attendees and exhibitors.
Call for Entries Now Open for the 2011 NAHB Custom Home Builder of the Year Award
WASHINGTON, D.C. – October 11, 2011 – (RealEstateRama) — Custom builders across the nation are invited to enter the National Association of Home Builders (NAHB) 2011 Custom Home Builder of the Year Award competition, sponsored by the Propane Education & Research Council
Pro-Housing Policies will Stimulate Job Growth
WASHINGTON, D.C. – October 10, 2011 – (RealEstateRama) — While the nation may have added 103,000 new jobs in September, the employment report showed relative weakness, particularly as it relates to the residential construction sector, which remains far below its job-creation potential in the absence of policies to restore the health of the housing marketplace, according to the National Association of Home Builders (NAHB).
NAHB Honors the Year’s Best Apartments and Condos
WASHINGTON, D.C. – October 7, 2011 – (RealEstateRama) — The National Association of Home Builders (NAHB) today announced the winners of the 2011 Multifamily Pillars of the Industry Awards. NAHB’s Pillars Awards, considered the most prestigious in the industry, honor excellence in multifamily housing development, design, marketing and management, and showcase future trends in the industry.
Number of Improving Housing Markets Nearly Doubles in October
WASHINGTON, D.C. – October 6, 2011 – (RealEstateRama) — The second edition of the National Association of Home Builders/ First American Improving Markets Index (IMI), released today, shows 23 individual housing markets now qualifying as “improving” under the new gauge’s parameters. This is nearly double the 12 housing markets that made the list last month.