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RealEstateRama News
84 Metros Listed As Improving Housing Markets in July
WASHINGTON, D.C. - July 9, 2012 - (RealEstateRama) -- The list of U.S. housing markets showing measurable and sustained improvement rose by four to include 84 metros in July, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. This number includes representatives from 32 states plus the District of Columbia.
New-Home Sales Rise 7.6 Percent in May
WASHINGTON, D.C. - June 25, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.6 percent to a seasonally adjusted annual rate of 369,000 units in May, according to newly released data from HUD and the U.S. Census Bureau.
Student Loan Debt Crisis Linked to Lower Home Values
WASHINGTON, D.C. - June 22, 2012 - (RealEstateRama) -- New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt millions of middle class households and threatens the fragile economic recovery
Single-Family Housing Starts Rise 3.2 Percent in May
WASHINGTON, D.C. - June 19, 2012 - (RealEstateRama) -- Single-family housing production increased for a third consecutive month and builders pulled more permits for both single- and multifamily construction in May, according to newly released figures from HUD and the U.S. Census Bureau. The data reveals that the seasonally adjusted annual rate of single-family housing starts rose 3.2 percent to 516,000 units – the best pace since December of 2011
Builder Confidence Rises One Point in June
WASHINGTON, D.C. - June 18, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the highest level the index has attained since May of 2007.
80 Metros Listed As Improving Housing Markets in June
WASHINGTON, D.C. - June 13, 2012 - (RealEstateRama) -- The list of U.S. housing markets showing measurable and sustained improvement now includes 80 metropolitan areas, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for June, released today. Though down from the 100 markets shown as improving in May, the list includes 28 new entrants and at least one representative from 31 different states (including the District of Columbia)
Bipartisan Lead Paint Bill would Ease Regulatory Burdens without Compromising Safety
WASHINGTON, D.C. - June 8, 2012 - (RealEstateRama) -- Responding to concerns from the National Association of Home Builders (NAHB) and affiliated trade groups, Reps. John Sullivan (R-Okla.) Tim Murphy (R-Pa.) and a bipartisan list of original co-sponsors today introduced legislation to make much-needed improvements to the Environmental Protection Agency’s Lead: Repair, Renovation and Painting (LRRP) rule.
Apartment and Condominium Market Shows Ongoing Improvement in First Quarter
June 7, 2012 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB) today, recorded its highest reading since the third quarter of 2005 with an index level of 51.
More than 700 Builders Call on Congress to Make Housing and Homeownership a National...
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- More than 700 home builders trekked to Capitol Hill today to call on Congress to make housing and homeownership a national priority and to take concrete steps to get housing back on track in order to create jobs and keep the economy moving forward
National Homeownership Month in June Highlights Opportunities to Support Homeownership
WASHINGTON, D.C. - June 1, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) wants current and future home owners to know about the many opportunities they have to show their support for the American dream of homeownership during National Homeownership Month in June. For anyone looking to buy their first home, or to move up to a space that is better suited for their current lifestyle, market conditions make it a great time to buy a home. And a new website from NAHB — www.ProtectHomeownership.com — helps the public take action to protect the many benefits of owning a home that are being threatened by legislative and regulatory proposals.
Industry Experts Reveal Current Trends in Apartment Living
WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- The location of an apartment building remains the most important feature for renters when choosing where they want to live, according to industry experts during a recent webinar hosted by the National Association of Home Builders (NAHB). The experts also discussed key market trends emerging in interior, exterior and outdoor living and how generational differences affect apartment design.
New-Home Sales Rise 3.3 Percent in April
WASHINGTON, D.C. - May 23, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 3.3 percent in April to a seasonally adjusted annual rate of 343,000 units, according to newly released data from HUD and the U.S. Census Bureau.
NAHB to Host Webinar on Top Apartment Features
WASHINGTON, D.C. - May 21, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host a webinar on the top 12 must-haves in today’s apartments. When it comes to apartment living, renters have made it clear which features they expect in their homes. Industry experts will discuss these key market trends emerging in interior, exterior and outdoor living and how generational differences affect apartment design.
Nationwide Housing Affordability Reaches New Record High
WASHINGTON, D.C. - May 17, 2012 - (RealEstateRama) -- Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today. Yet tight lending conditions continue to pose a major obstacle to many prospective home buyers
April Housing Starts Rise 2.6 Percent From Upwardly Revised Rate
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April, according to newly released figures from the U.S. Census Bureau and HUD. This modest gain was seen in both the single- and multifamily sectors, which registered growth of 2.3 percent and 3.2 percent, respectively.
Builder Confidence Rises Five Points in May
WASHINGTON, D.C. - May 15, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the index’s strongest reading since May of 2007.
New Website Helps Home Owners, Buyers Protect the American Dream
WASHINGTON, D.C. - May 14, 2012 - (RealEstateRama) -- Despite the fact that Americans overwhelmingly support homeownership, legislative and regulatory proposals now under consideration would greatly harm home owners, home buyers, the housing market and the nation's economy.
Builder Confidence in the 55+ Housing Market Shows Significant Improvement in the First Quarter
WASHINGTON, D.C. - May 10, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes had a significant increase in the first quarter of 2012 compared to the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. The index increased 10 points to 27, and although 27 is relatively low for an index that lies on a scale of 0 to 100, it is nevertheless the highest reading since the inception of the index in 2008.
Builders Urge Congress to Improve Lacey Act to Protect Consumers, Businesses
WASHINGTON, D.C. - May 10, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today called on Congress to amend the Lacey Act so that individuals and businesses that unknowingly purchase illegal wood products from overseas do not have their property seized and are not exposed to civil and criminal liability.
Kitchens and Bathrooms Remain Top Remodeling Jobs According to NAHB Survey
WASHINGTON, D.C. - May 8, 2012 - (RealEstateRama) -- A new survey released by the National Association of Home Builders (NAHB) shows common remodeling projects have increased, compared to a similar survey from 2010. The survey, released today in conjunction with National Home Remodeling Month, describes the changes the remodeling market has undergone in recent years.