Yearly Archives: 2014
JOHNSON, CRAPO CONTINUE WORK ON HOUSING FINANCE REFORM
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) issued the following statement regarding their bipartisan effort to draft comprehensive housing finance reform.
NAHB Associates Committee Honors Three Longtime Members
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- Three longtime members of the National Association of Home Builders (NAHB) were honored this morning for their professionalism, political engagement, volunteer activities and service to the industry.
NAHB and BUILDER Magazine Present The New American Home® 2014 at the International Builders’...
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) and BUILDER Magazine today unveiled The New American Home 2014, the official show home of the International Builders’ Show (IBS).
Industry Experts See Continued Improvement Going Forward in the 55+ Housing Market
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The housing market for the 55+ homebuyer is expected to stay on its path of improvement in 2014, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas
Do Green Homes Really Deliver? New Study Tells All
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- GuildQuality, North America's leading provider of customer satisfaction surveying for the residential building industry, recently conducted a national survey of homeowners who purchased a National Green Building Standard (NGBS) certified green home built within the past three years. The study, commissioned by the National Association of Home Builders (NAHB) and presented today at the annual International Builders’ Show in Las Vegas, aimed to uncover how green homeowners feel after purchasing their home; primarily focusing on their overall satisfaction and whether they would recommend purchasing a green home to others.
Demand for Multifamily Housing will Continue to Rise in 2014 and Beyond
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Strong demand for apartments will increase over the next several years, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. And while multifamily construction continues to be strong, NAHB does expect the speed to decrease as sustainable levels are reached in 2015 or 2016
CONSTRUCTION EMPLOYMENT INCREASED IN 192 OUT OF 339 METRO AREAS BETWEEN DECEMBER 2012 &...
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Construction employment expanded in 192 metro areas, declined in 84 and was stagnant in 63 between December 2012 and December 2013, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that even with so many metro areas adding jobs for the year, only 20 metro areas topped previous construction employment peaks for the month.
EPA Official to Tour Green Infrastructure Investments along Cumberland River/Project transformed the Cumberland River...
ATLANTA - February 4, 2014 - (RealEstateRama) -- EPA’s Acting Assistant Administrator for Water, Nancy Stoner, will be in Nashville Thursday and will tour the River Center and Cumberland Park. Located on the Cumberland River’s east bank under the Shelby Street Bridge, the 6.5 acre Cumberland Park opened in April of 2012 and is the flagship for Nashville’s New Riverfront Revitalization Plan. The park incorporates many innovative green infrastructure features that help improve quality, including a rain water harvesting cistern that collects 1,000,000 gallons of stormwater annually that is reused for park irrigation.
National delinquency, foreclosure rate reductions mask worsening conditions in some areas
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Metropolitan housing markets have not yet emerged from the foreclosure crisis, according to a new report from the Urban Institute, National Housing Conference (NHC), and the Local Initiatives Support Corporation (LISC). Foreclosure activity has declined in recent years, but metropolitan foreclosure rates are still well above historic norms and there is substantial variation across the country. Among large metro markets, foreclosure rates are falling slowly and steadily in some, but foreclosure activity may not yet have peaked in others.
NLRB Doubles Down on Failure: Reissues Failed Ambush Elections Proposal
Washington, D.C. - February 4, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) today issued the following statement in response to the National Labor Relations Board’s (NLRB) reissuance of a proposal that would drastically shorten the timeframe between when a union files a representation petition and an election takes place
MassMutual Donates $100,000 To Rebuilding Together
SPRINGFIELD, Mass., - February 4, 2014 - (RealEstateRama) -- Massachusetts Mutual Life Insurance Company (MassMutual) has donated $100,000 to Rebuilding Together to help families across the country repair and rebuild their homes.
King County Housing Authority resumes issuance of Section 8 rental assistance vouchers
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The King County Housing Authority will resume issuing Section 8 vouchers to families on its general waiting list. The waiting list has been frozen for the past 11 months as a result of sequestration, the automatic budget cuts to all federal programs that went into effect March 1, 2013
Federal Appeals Court Affirms Ruling for MERS
Reston, Virginia, - February 4, 2014 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced the Seventh Circuit of Appeals rendered a favorable decision in the Macon County recording fee case and affirmed the dismissal of the lawsuit by the district court
2014 NCHV Annual Conference: Bridging the Gap
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- In nearly every community across the country, the resources exist to end veteran homelessness. However, having every puzzle piece does not mean the full picture has been completed. We must connect the pieces and, where pieces are still missing, push for targeted and immediate action
Farm Bill Passage Helps Rural Housing Communities
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The Farm Bill approved by the Senate today and the House last week includes an important provision championed by the National Association of Home Builders (NAHB) that will enable millions of Americans to maintain access to critical rural housing programs.
Green Home Building Continues to Climb, Valued at $36 Billion in 2013
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- McGraw Hill Construction, a part of McGraw Hill Financial (NYSE: MHFI), today released findings from a new Green Home Builders and Remodelers Study at the National Association of Home Builders (NAHB) International Builders' Show in Las Vegas. Green homes comprised 23% of the overall residential construction market in 2013 and are expected to grow to between 26% and 33% of the market by 2016. This equates to a doubling in the value of green home construction over three years, growing from $36 billion in 2013 to $83-$105 billion in 2016, based on the current McGraw Hill Construction forecast for total residential construction
USDA CELEBRATES COMPLETION OF NEW HOMES IN DEMING
Albuquerque, N.M. - February 4, 2014 - (RealEstateRama) -- U.S. Department of Agriculture Deputy Under Secretary for Rural Development Doug O’Brien joined New Mexico State Director Terry Brunner earlier today to honor Deming’s newest homeowners during an open house gathering
JPMorgan Chase to Pay $614 Million for Submitting False Claims for FHA-insured and VA-guaranteed...
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The Department of Justice today announced that JPMorgan Chase (JPMC) will pay $614 million for violating the False Claims Act by knowingly originating and underwriting non-compliant mortgage loans submitted for insurance coverage and guarantees by the Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). JPMC is a bank and financial services company headquartered in New York
Residential Remodeling Market Continues Gradual Climb, Bath and Kitchen Most Popular Upgrades
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Residential remodeling will continue a gradual climb back up in 2014 from a dramatic fall during the economic downturn, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS) in Las Vegas. Remodelers from around the country agreed with the forecast, citing increased demand from home owners for upgrades to existing bathrooms and kitchens
Strong Single-Family Growth will Fuel Housing in 2014
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Led by a resurgence in single-family production, housing will continue its climb toward higher ground in 2014, but builders are still confronting several challenges that could hinder the pace of the ongoing recovery, according to economists speaking at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas today.