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Builder Confidence Gains Two Points in July

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose two points to 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released today. The gain largely offsets a three-point dip recorded in June, and marks the ninth time out of the past 10 months in which the index has held within the same three-point range."The improvement in builder confidence in July is a positive sign that the outlook perhaps isn't quite as bleak as was feared in June," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "While builders continue to confront serious challenges with regard to competition from foreclosed properties that are priced below replacement cost, inaccurate appraisals of new homes, and a very restrictive lending environment for new home construction, select markets are showing gradual improvement as consumers begin to take advantage of very favorable buying conditions."

NAHB Applauds EPA Rejection Of Renovation Clearance Testing Requirements

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- The National Association of Home Builders commends the U.S. Environmental Protection Agency for rejecting a proposal to add third-party clearance testing to the Lead: Renovation, Repair and Painting Rule (RRP).“We’re pleased that the EPA listened to the concerns of remodelers about the extreme costs the proposed clearance testing would have imposed,” said Bob Peterson, NAHB Remodelers chair and a remodeler from Fort Collins, Colo. “Home owners are saved from spending a great deal of money on lead testing. If remodeling is more affordable, home owners will be able to hire an EPA-certified renovator to keep them safe from lead dust hazards during renovation.”

Bus Tour Brings Home Ownership Matters to Atlanta

Atlanta, GA - July 18, 2011 - (RealEstateRama) -- Home buyers across Georgia may have reduced access to mortgage funds this fall if Congress decides to reduce current Federal Housing Administration loan limits. That’s just one of the many issues th...

NAR Bus Tour Takes Home Ownership Issues Coast-to-Coast

Washington, DC - July 18, 2011 - (RealEstateRama) -- As policymakers consider changes to government programs and incentives that could dramatically change the nature of home ownership in this country, the National Association of Realtors® is once again bringing these issues to people across the country with the second phase of the Home Ownership Matters Bus Tour.

PHFA announces $11.2 million in funding and approximately $30 million in tax credits for...

HARRISBURG, PA - July 15, 2011 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency yesterday conditionally approved $11.2 million in funding and approximately $30 million in tax credits for the construction of affordable multifamily housing developments located throughout Pennsylvania.

$366,000 in Federal Funds to Get Austin’s Homeless Veterans in Homes They Can Afford

Washington, DC - July 15, 2011 - (RealEstateRama) -- U.S. Congressman Lloyd Doggett (D-TX) announced recently that the Housing Authority of the City of Austin will receive $366,540 in grants from the U.S. Department of Housing and Urban Development to assist homeless veterans obtain affordable housing in the Austin area. The grants, funded under the HUD-VASH program, combines HUD Housing Choice Voucher rental assistance with case management and clinical services provided by the Department of Veterans Affairs.

Virginia Real Estate Businessman Pleads Guilty to Mortgage and Investment Fraud Schemes

WASHINGTON, WA - July 15, 2011 - (RealEstateRama) -- Alexander Otis Matthews, a Virginia real estate businessman pleaded guilty today to fraud charges in connection with mortgage and investment schemes to obtain more than $12 million in fraudulent loans.

Reed Announces Nearly $115,000 to Help Homeless Vets

WASHINGTON, DC - July 15, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that Rhode Island will receive $114,275 in federal funding to provide housing assistance to homeless veterans

While School’s Out, Learn Lessons in Home Energy Use

New York, NY - July 15, 2011 - (RealEstateRama) -- It may be summer vacation season, but that doesn’t mean you should take a break from your home energy responsibilities. In fact, getting the whole family involved in making better choices regarding energy efficiency is a great way to teach your household how to conserve resources and save money.

DCA & HMFA Break Ground on 90-Unit Affordable Apartment Community in Newark

NEWARK, N.J. - July 15, 2011 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined City of Newark Mayor Cory Booker and local officials to break ground on Baxter Park, an affordable apartment community to be located at 39-47 Sussex Avenue near Newark’s Broad Street Station District. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided construction and permanent mortgage financing in the amount of $16,350,000 for the project. Baxter Park also is expected to be awarded federal Low Income Housing Tax Credits, which will generate approximately $10.2 million in private equity.

Attorney General Darrell McGraw Takes Action Against California’s National Relief Group

CHARLESTON, VA - July 15, 2011 - (RealEstateRama) -- Responding to the case of a Clay County homeowner who was the victim of fraud while seeking help with his mortgage, Attorney General Darrell McGraw today took action against National Relief Group for charging illegal advance fees and misrepresenting that the company would obtain loan modifications for consumer mortgages. McGraw’s Consumer Protection Division filed a petition in Kanawha County Circuit Court to enforce a subpoena against the California-based company.

Attorney General Darrell McGraw Alerts Consumers to Upcoming Deadline for Mortgage Help

CHARLESTON, VA - July 15, 2011 - (RealEstateRama) -- West Virginia Attorney General Darrell McGraw wants to remind the state’s consumers that time is running out to take advantage of the federally funded Emergency Homeowner Loan Program.

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to...

Recent NAHB Press Releases

NAHB

New Home Sales Hold Steady in February

A small rise in mortgage rates in February led to a flat reading for new home sales. Sales of newly built, single-family homes in February edged 0.3% lower to a 662,000 seasonally adjusted annual rate, according to newly released data by the U.S.

Random NAHB in News

Forbes

I Want A Better House

Before anyone was talking "green," our company, I Want a Better House, was delivering the capabilities to make beautiful buildings that were safe, healthy, energy efficient and