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RealEstateRama News
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and developer from Wilmington, Del., issued the following statement after the announcement that Senator Leahy has withdrawn patent reform from the Senate Judiciary Calendar for the foreseeable future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
Single-family 55+ HMI Rises to Highest First Quarter Reading Since 2008
WASHINGTON, D.C. - May 8, 2014 - (RealEstateRama) -- Builder confidence in the single-family 55+ housing market for the first quarter of 2014 is up year over year, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. Compared to the first quarter of 2013, the single-family index increased 4 points to a level of 50, which is the highest first-quarter reading since the inception of the index in 2008 and the 10th consecutive quarter of year over year improvements
NAHB Remodelers Reveals the Most Popular Features to Improve the Performance of Your Home
WASHINGTON, D.C. - May 1, 2014 - (RealEstateRama) -- According to a new National Association of Home Builders (NAHB) Remodelers survey, high-performing, Low-emissive (Low-E) windows are the most common green building products used by residential remodelers. To kick off National Home Remodeling Month in May, NAHB released the survey results, which highlight the most common building features that home owners are using to improve the energy efficiency of their homes
NAHB’s Building Systems Councils and Industry Partners Donate Mortgage-Free Home to Wounded Veteran
WASHINGTON, D.C. - April 25, 2014 - (RealEstateRama) -- The National Association of Home Builders’ (NAHB) Building Systems Councils (BSC), in partnership with the Structural Building Components Association (SBCA), Operation Finally Home and the members of the New Braunfels Home Builders Association, last week hosted a dedication ceremony to present Army Specialist Cody Nusbaum with a new mortgage-free home in New Braunfels, Texas. Nusbaum was severely wounded in 2011 while serving a tour of duty in Afghanistan.
Housing and the Economy to Continue on an Upward Path, Economists Say
WASHINGTON, D.C. - April 25, 2014 - (RealEstateRama) -- A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and rising materials prices are hindering a more robust recovery, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) 2014 Spring Construction Forecast Webinar
Severe Winter Constrains First-Quarter Remodeling Market Index
WASHINGTON, D.C. - April 24, 2014 - (RealEstateRama) -- Against the backdrop of unusually severe winter weather, the Remodeling Market Index (RMI) declined to 53 in the first quarter of 2014, according to the National Association of Home Builders (NAHB). This reading is down from the historically high level of 57 in the two most recent quarters, but remains above the key break-even point of 50
New-Home Sales Down in March
WASHINGTON, D.C. - April 24, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau