News

WASHINGTON, D.C. - November 21, 2011 - (RealEstateRama) -- The Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) honored Victor DePhillips for a lifetime of service and achievement in advancing the systems-built industry and contributing to the efforts of the BSC.

WASHINGTON, D.C. - November 21, 2011 - (RealEstateRama) -- Excitement is building for the National Association of Home Builders’ 2012 International Builders’ Show (IBS) Feb. 8-11 as planners report pre-registration figures up nearly a quarter over this time last year and dozens of exhibitors have snapped up remaining booths in the last two weeks.

WASHINGTON, D.C. - November 18, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today applauded Congress for reinstating for another two years the higher conforming loan limits for the Federal Housing Administration (FHA), noting that this is an important step to help mend the struggling housing market.

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- Buoyed by stabilizing home prices and sustained low interest rates, nationwide housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released today.

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- Single-family housing starts rose 3.9 percent to a seasonally adjusted annual rate of 430,000 units in October, according to newly released data from the U.S. Commerce Department. This improvement was somewhat masked by an 8.3 percent decline in multifamily starts that kept the combined number for nationwide housing production virtually flat at 628,000 units in October. Meanwhile, single-family permits also posted a measurable gain of 5.1 percent to 434,000 units in the latest report, which is their fastest pace since December of 2010.

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose by three points to 20 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for November, released today. The gain builds on a revised three-point increase in October, and brings the confidence gauge to its highest level since May of 2010.

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding the need for Congress to pass legislation to reinstate the higher loan limits for the Federal Housing Administration that expired on Sept. 30

WASHINGTON, D.C. - November 15, 2011 - (RealEstateRama) -- A military veteran from the Chicago metropolitan area will get the keys to a new home next year thanks to members of the Chicago NFL Players' Association (NFLPA) Former Players' Chapter, Chicago area home builders associations, the Newport Cove community in Lake County and an anonymous donor. The groups have joined together to construct a new home for a military veteran wounded in Afghanistan or Iraq.

WASHINGTON, D.C. - November 10, 2011 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes fell three points to 12 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.

WASHINGTON, D.C. - November 8, 2011 - (RealEstateRama) -- John A. Courson, an established housing industry executive who most recently served as the president and chief executive officer of the Mortgage Bankers Association (MBA), has been tapped to become the new president and chief executive officer of the Home Builders Institute (HBI).

WASHINGTON, D.C. - November 7, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host a media teleconference tomorrow to discuss the need for Congress to support the extension of higher loan limits for the GSEs and FHA.

WASHINGTON, D.C. - November 7, 2011 - (RealEstateRama) -- According to an online house price estimator and economic model just updated by the National Association of Home Builders (NAHB), a third full bathroom is the one feature that can have the greatest impact on the value of a standard new single-family detached house in a Southern suburb, increasing the estimated price by about $43,000.

WASHINGTON, D.C. - November 7, 2011 - (RealEstateRama) -- The number of improving housing markets continued to expand for a third consecutive month in November, rising from 23 to 30 on the latest National Association of Home Builders/First American Improving Markets Index (IMI), released today. The list dropped two metros and added nine new ones – Cheyenne, Wyo.; Corpus Christi, Tex.; Davenport, Iowa.; Fort Collins, Colo.; Hinesville, Ga.; Lima, Ohio; Monroe, La.; Tyler, Tex.; and Williamsport, Pa.

WASHINGTON, D.C. - October 28, 2011 - (RealEstateRama) -- The current state of the national economy continues to affect the remodeling industry, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI). The index dropped to 41.7 in the third quarter from 43.9 in the second quarter, after having reached a four-year high of 46.5 in the first quarter. An RMI below 50 indicates that more remodelers report that market activity is declining than report that it is increasing.

WASHINGTON, D.C. - October 28, 2011 - (RealEstateRama) --Home builder Chip Smith and his company Blue Ridge Log Cabins of Campobello, S.C., were recognized from the floor of the U.S. House of Representatives by Rep. Trey Gowdy (R-S.C.) on Oct. 26 for building a home for women veterans. The home was donated to the Steps-N-Stages Jubilee House, a non-profit agency that provides housing for homeless and disabled women veterans and their families in Fayetteville, N.C.

WASHINGTON, D.C. - October 26, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 313,000 units in September, according to newly released data from the U.S. Commerce Department. This marks the fastest pace of new-home sales in the past five months.

WASHINGTON, D.C. - October 25, 2011 - (RealEstateRama) -- The National Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) bestowed 23 achievement awards to leading manufacturers and builders in the systems-built industry with the 2012 Jerry Rouleau Awards for Excellence in Marketing and Home Design.

WASHINGTON, D.C. - October 25, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding today's announcement by the Federal Housing Finance Agency (FHFA) to enact a series of changes to the Home Affordable Refinance Program (HARP):

WASHINGTON, D.C. - October 24, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, October 26, in a two-hour webinar from 2:00-4:00 p.m. featuring three renowned industry experts.

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- The Prometheus Real Estate Group, based in San Mateo, Calif., took top honors as 2011 Property Management Company of the Year in the National Association of Home Builders’ (NAHB) Multifamily Pillars of the Industry Awards competition.