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RealEstateRama News
Housing Recovery Picks Up Steam Despite Persistent Headwinds
WASHINGTON, D.C. - October 3, 2013 - (RealEstateRama) -- With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) Fall 2013 Construction Forecast Webinar.
NAHB to Introduce New Economic Index Measuring Housing and Economic Progress in Local Markets
WASHINGTON, D.C. - October 1, 2013 - (RealEstateRama) -- Starting on October 7, the National Association of Home Builders (NAHB) will launch a new economic index called the NAHB/First American Leading Markets Index (LMI). This new index will replace the Improving Markets Index (IMI) and will shift the focus from identifying markets that have recently begun to recover to those that are now approaching and exceeding their former normal levels of economic progress.
Media Advisory: NAHB to Host its Fall Construction Forecast Webinar Next Week
WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, Oct. 2, in a two-hour webinar from 2:00-4:00 p.m. ET featuring three renowned industry experts
New-Home Sales Rise 7.9 Percent in August
WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to newly released figures from HUD and U.S. Census Bureau. The gain partly offsets a dip in sales activity that occurred in July as consumers reacted to higher interest rates.
Single-Family Production Pushes Housing Starts Up in August
WASHINGTON, D.C. - September 18, 2013 - (RealEstateRama) -- Led by a solid increase in single-family starts, nationwide housing production rose 0.9 percent to a seasonally adjusted annual rate of 891,000 units in August, according to figures released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Meanwhile, construction of multifamily buildings slowed following a rebound in the previous month
Builder Confidence Unchanged in September
WASHINGTON, D.C. - September 18, 2013 - (RealEstateRama) -- Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Senators Cite Importance of Maintaining Federal Backstop in Housing Finance Overhaul
WASHINGTON, D.C. - September 18, 2013 - (RealEstateRama) -- Sens. Jon Tester (D-Mont.), Bob Corker (R-Tenn.) and Johnny Isakson (R-Ga.) today stressed that ongoing efforts to reform the U.S. tax code and overhaul the housing finance system should take into account the important role that housing plays in the economy.
The 2013 Best in American Living Awards Submission Deadline Extended to Sept. 30
WASHINGTON, D.C. - September 18, 2013 - (RealEstateRama) -- The National Association of Home Builders (NAHB) has extended its submission deadline for the 2013 Best in American Living Awards (BALA). Submissions will now be accepted through Sept. 30, 2013
Record High 291 Housing Markets Listed As Improving In September
WASHINGTON, D.C. - September 9, 2013 - (RealEstateRama) -- A total of 291 metropolitan areas across the country now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for September, released today. This reflects a gain of 44 markets from August and marks the index’s highest level since it was initiated two years ago.
Shortage of Lots Slows Housing Recovery
WASHINGTON, D.C. - September 4, 2013 - (RealEstateRama) -- A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to the latest survey on the topic conducted by the National Association of Home Builders (NAHB)
NAHB Certified New Home Sales Professional (CSP) Program Hits Milestone with 25,000 Graduates
WASHINGTON, D.C. - August 30, 2013 - (RealEstateRama) -- Tracie Dollarhide, a new home sales agent with Jeff Benton Homes in Huntsville, Ala., recently became the 25,000th graduate of the National Association of Home Builders’ (NAHB) Certified New Home Sales Professional (CSP) program. The CSP program offers sales professionals a broad understanding of the new home building business, an overview of consumer psychology and proven advanced sales techniques used by real estate veterans
Apartment and Condominium Market Gains Momentum in Second Quarter
WASHINGTON, D.C. - August 29, 2013 - (RealEstateRama) -- Production of apartments and condominiums gained momentum in the second quarter of 2013, according to the latest Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB). The index increased nine points to 61, which is the highest reading since its inception in 2003.
OSHA’s Proposed Silica Rule Raises Concerns for Construction Industry, Says NAHB
WASHINGTON, D.C. - August 29, 2013 - (RealEstateRama) -- A coalition of construction industry groups is concerned about a proposed rule from the Occupational Safety and Health Administration (OSHA) that’s intended to protect workers from inhaling dust containing silica, created by activities such as cutting brick or block, and sawing, grinding or drilling concrete
Statement from Home Builders on Re-Proposed Credit Risk Retention Rule
WASHINGTON, D.C. - August 29, 2013 - (RealEstateRama) -- National Association of Home Builders Chairman Rick Judson released the following statement regarding the FDIC’s release of the re-proposed credit risk retention rule
Call for Entries Announced for 2014 NAHBGreen Awards
WASHINGTON, D.C. - August 28, 2013 - (RealEstateRama) -- The National Association of Home Builders (NAHB) is now accepting submissions for its 2014 NAHBGreen Awards. Each year, NAHB recognizes individuals, companies and organizations for excellence in residential green design and construction practices and for green building program and advocacy efforts
Higher Mortgage Rates Prompt Pause in New-Home Sales in July
WASHINGTON, D.C. - August 23, 2013 - (RealEstateRama) -- Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD and the U.S. Census Bureau.
NAHB and EEBA Team Up to Offer Superior Education Opportunities for Building and Design...
WASHINGTON, D.C. - August 21, 2013 - (RealEstateRama) -- Before now, building professionals experienced building science education offered by the Energy and Environmental Building Alliance (EEBA) and the National Association of Home Builders (NAHB) in separate venues and events. Beginning next month, industry professionals will have access to top education opportunities from both organizationsin one location during the Excellence in Building Conference
Housing Starts Rise 5.9 Percent in July
WASHINGTON, D.C. - August 19, 2013 - (RealEstateRama) -- Nationwide housing starts rose 5.9 percent to a seasonally adjusted annual rate of 896,000 units in July as multifamily construction rebounded from a dip in the previous month, according to newly released figures from HUD and the U.S. Census Bureau. Meanwhile, single-family construction recorded a modest decline from a rate that was upwardly revised for the previous month
Builder Confidence Rises Three Points in August
WASHINGTON, D.C. - August 15, 2013 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose three points to 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today. This fourth consecutive monthly gain brings the index to its highest level in nearly eight years
Rising Home Values Impact Affordability in Second Quarter
WASHINGTON, D.C. - August 13, 2013 - (RealEstateRama) -- Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today
