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RealEstateRama News
Cold Weather Drives Housing Starts Down in January
WASHINGTON, D.C. - February 19, 2014 - (RealEstateRama) -- Due largely to unusually severe weather, across much of the nation, housing starts fell 16 percent to a seasonally adjusted annual rate of 880,000 units in January, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Meanwhile, single-family permits, which are often a harbinger of future building activity, posted a modest 1.3 percent decline to a seasonally adjusted annual pace of 602,000 units.
NAHB Announces Best of IBS Product Winners at 2014 International Builders Show
WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) named the winning products in its second annual Best of IBS Awards held last week during the 2014 International Builders’ Show (IBS) in Las Vegas
NAHB Urges OSHA to Withdraw Silica Rule
WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) on Tuesday requested that the Occupational Safety and Health Administration (OSHA) withdraw a proposed rule that would drastically lower the permissible exposure limit (PEL) of crystalline silica for the construction industry
NAHB Names the Nationals Gold Award Winners
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The year’s most outstanding work in residential real estate sales, marketing and design was honored by the National Association of Home Builders (NAHB) yesterday at The National Sales and Marketing Awards gala (known as “The NationalsSM”), one of the building industry’s most prestigious events. The event, hosted by the NAHB National Sales and Marketing Council, took place during the 2014 International Builders’ Show (IBS) in Las Vegas
NAHB Associates Committee Honors Three Longtime Members
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- Three longtime members of the National Association of Home Builders (NAHB) were honored this morning for their professionalism, political engagement, volunteer activities and service to the industry.
NAHB and BUILDER Magazine Present The New American Home® 2014 at the International Builders’...
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) and BUILDER Magazine today unveiled The New American Home 2014, the official show home of the International Builders’ Show (IBS).
Industry Experts See Continued Improvement Going Forward in the 55+ Housing Market
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The housing market for the 55+ homebuyer is expected to stay on its path of improvement in 2014, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas
Do Green Homes Really Deliver? New Study Tells All
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- GuildQuality, North America's leading provider of customer satisfaction surveying for the residential building industry, recently conducted a national survey of homeowners who purchased a National Green Building Standard (NGBS) certified green home built within the past three years. The study, commissioned by the National Association of Home Builders (NAHB) and presented today at the annual International Builders’ Show in Las Vegas, aimed to uncover how green homeowners feel after purchasing their home; primarily focusing on their overall satisfaction and whether they would recommend purchasing a green home to others.
Demand for Multifamily Housing will Continue to Rise in 2014 and Beyond
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Strong demand for apartments will increase over the next several years, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. And while multifamily construction continues to be strong, NAHB does expect the speed to decrease as sustainable levels are reached in 2015 or 2016
Farm Bill Passage Helps Rural Housing Communities
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The Farm Bill approved by the Senate today and the House last week includes an important provision championed by the National Association of Home Builders (NAHB) that will enable millions of Americans to maintain access to critical rural housing programs.
Residential Remodeling Market Continues Gradual Climb, Bath and Kitchen Most Popular Upgrades
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Residential remodeling will continue a gradual climb back up in 2014 from a dramatic fall during the economic downturn, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS) in Las Vegas. Remodelers from around the country agreed with the forecast, citing increased demand from home owners for upgrades to existing bathrooms and kitchens
Strong Single-Family Growth will Fuel Housing in 2014
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Led by a resurgence in single-family production, housing will continue its climb toward higher ground in 2014, but builders are still confronting several challenges that could hinder the pace of the ongoing recovery, according to economists speaking at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas today.
Builder Confidence in the 55+ Housing Market Ends Fourth Quarter on a Record High
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Builder confidence in the 55+ housing market for the fourth quarter of 2013 is up sharply, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. All segments of the market—single-family homes, condominiums and multifamily rental—registered strong increases compared to the same quarter a year ago. The single-family index increased 20 points to a level of 48, which is the highest fourth-quarter reading since the inception of the index in 2008 and the ninth consecutive quarter of year over year improvements
New-Home Sales Down 7 Percent in December; Up 16.4 Percent for the Year
WASHINGTON, D.C. - January 28, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4 percent over the previous year.
NAHB to Honor Educators of the Year at 2014 International Builders’ Show
WASHINGTON, D.C. - January 28, 2014 - (RealEstateRama) -- The National Association of Home Builders will present its annual Educator of the Year awards to individuals who have excelled in teaching NAHB education courses to builders, remodelers and other industry professionals.
Remodeling Market Index Steady at Historical High
WASHINGTON, D.C. - January 27, 2014 - (RealEstateRama) -- According to the National Association of Home Builders (NAHB), the Remodeling Market Index (RMI) held steady at 57 in the fourth quarter of 2013. This is the same level as the third quarter of 2013 and the highest reading since the first quarter of 2004
Nationwide Housing Production Edges Just Under 1 Million Units in December
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- Following an unusual surge in housing starts in November, nationwide housing production fell 9.8 percent to a seasonally adjusted annual rate of 999,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
Builder Confidence Slips One Notch in January
WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Housing Markets Continue to Show Gradual Improvement
WASHINGTON, D.C. - January 7, 2013 - (RealEstateRama) -- Markets in 56 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. This represents a net gain of two from the previous month. The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the nationwide average is running at 86 percent of normal economic and housing activity
New-Home Sales Post Solid Numbers in November
WASHINGTON, D.C. - December 25, 2013 - (RealEstateRama) -- Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Except for October 2013, this is the strongest sales pace since July of 2008