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RealEstateRama News
Pace of New-Home Sales Virtually Unchanged in October
WASHINGTON, D.C. - November 28, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes in October held virtually unchanged from a downwardly revised pace in the previous month, at a seasonally adjusted, annual rate of 368,000 units, according to figures released by HUD and the U.S. Census Bureau today.
Housing Starts Up 3.6 Percent in October
WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home construction since July of 2008.
Builder Confidence Rises Five Points in November
WASHINGTON, D.C. - November 19, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes posted a solid, five-point gain...
Statement from NAHB Chairman on the Actuarial Review of the FHA Mutual Mortgage Insurance...
WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement on the latest actuarial review of the FHA mutual mortgage insurance fund
Nationwide Housing Affordability Improves in Third Quarter
WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- Lower interest rates helped make homes more affordable to median-income families even as house prices continued to inch up in metro areas across the country in the third quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today.
Builder Confidence in the 55+ Housing Market Continues to Improve in the Third Quarter
WASHINGTON, D.C. - November 8, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than tripled year over year from a level of 12 to 36, which is the highest third-quarter reading since the inception of the index in 2008.
Remodeling Market Index Climbs Five Points, Returns to 2005 Levels
WASHINGTON, D.C. - October 25, 2012 - (RealEstateRama) -- The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). Released today, the RMI is at its highest point since the third quarter of 2005, tracking the positive trends recently seen in the rest of the housing sector.
New-Home Sales Rise 5.7 Percent in September
WASHINGTON, D.C. - October 25, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since April of 2010.
Hundreds of Nevadans Rally to Support Homeownership
WASHINGTON, D.C. - October 19, 2012 - (RealEstateRama) -- Hundreds of Nevadans came out today to attend a Rally for Homeownership to voice their unwavering support for homeownership and its importance to families, communities and a growing economy.
Home Price Appreciation Helps Housing Move Forward on Road to Recovery
WASHINGTON, D.C. - October 18, 2012 - (RealEstateRama) -- Sparked by rising home prices across much of the nation, the housing recovery is now under way, but fiscal uncertainties and other challenges could result in a bumpy ride in the coming months, according to economists participating in yesterday’s National Association of Home Builders (NAHB) webinar on the construction and economic outlook.
Housing Starts, Permits Post Big Gains in September
WASHINGTON, D.C. - October 17, 2012 - (RealEstateRama) -- Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15 percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of 872,000 units, while an 11.6 percent gain brought the pace of permit issuance to 894,000 units. These were the strongest numbers seen in both categories since July of 2008.
Builder Confidence Edges Higher in October
WASHINGTON, D.C. - October 16, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes edged slightly higher for a sixth consecutive month in October, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The latest, one-point gain brings the index to 41, its strongest level since June of 2006.
Remodeler of the Year Named, Two Inducted into Remodeling Hall of Fame
WASHINGTON, D.C. - October 15, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Remodelers named Robert Criner, GMR, CAPS, CGP, of Criner Remodeling in Yorktown, Va., the 2012 Remodeler of the Year in recognition of his professional remodeling achievements. N. Claiborne Porter, AIA, CGR, CGP, of Anchorage, Alaska and Douglas Sutton, CGR, CAPS, of Springfield, Ill., were both inducted into the Remodeling Hall of Fame for their contributions to the remodeling industry. The announcements were made at the NAHB Remodelers’ gala on Oct. 11 during the Remodeling Show in Baltimore.
NAHB Remodelers Bestows Homes for Life Awards for Excellence in Aging-in-Place Remodeling
WASHINGTON, D.C. - October 15, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Remodelers announced two winners of its annual Homes for Life awards, recognizing excellent remodeling work for aging-in-place and universal design. Sponsored by Whirlpool Corporation, the awards were presented on Oct. 11 at the NAHB Remodelers’ gala during the 2012 Remodeling Show in Baltimore.
Home Builders Lead Broad Coalition at Rally for Homeownership in Richmond
WASHINGTON, D.C. - October 11, 2012 - (RealEstateRama) -- More than 700 people attended a Rally for Homeownership today in Richmond to tell candidates running for the White House and Congress that Americans believe that homeownership is a cherished ideal that strengthens families, creates jobs and builds a strong and prosperous nation.
Media Advisory: NAHB to Host its Fall Construction Forecast Webinar Next Week
WASHINGTON, D.C. - October 11, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, Oct. 17, in a two-hour webinar from 2:00-4:00 p.m. ET featuring three renowned industry experts
The NRP Group Named 2012 Development Firm of the Year in NAHB’s Multifamily Pillars...
WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- The NRP Group, based in Cleveland, earned top honors as Multifamily Development Firm of the Year by the National Association of Home Builders (NAHB) as part of the association’s Multifamily Pillars of the Industry Awards.
Fusion 1560 Named 2012 Community of the Year in the NAHB Multifamily Pillars of...
WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- Fusion 1560, designed by Humphreys & Partners Architects and CSJM Architects, was named Multifamily Community of the Year by the National Association of Home Builders (NAHB). The winning community, which also won Best Mid-Rise Apartment, was selected by the judges from the winners of the developer awards.
Chris Wood Receives Building Systems Councils’ Top Honor
WASHINGTON, D.C. - October 9, 2012 - (RealEstateRama) -- The Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) honored Chris Wood for a lifetime of service and achievement in advancing the systems-built industry and contributing to the efforts of the BSC.
Home Builders Win Building Systems Design Competition
WASHINGTON, D.C. - October 4, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Building Systems Councils (BSC) bestowed 20 awards to leading national systems-built industry manufacturers and home builders at its annual Showcase event held Oct. 1 - 2 at the NAHB Housing Center in Washington, D.C. The 2013 Jerry Rouleau Awards for Excellence in Marketing and Home Design were awarded to those who demonstrated high achievement in home design and marketing materials.