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Statement from NAHB Chairman Randy Noel on Proposed WOTUS Rule
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on the newly-released proposed definition for “waters of the United States” (WOTUS) under the Clean Water Act
Virginia Remodeler Leo Lantz Named 2018 NAHB Remodeler of the Year
The National Association of Home Builders (NAHB) Remodelers is honoring Leo Lantz, CAPS, CGP, CGR, GMR, a remodeler from Glen Allen, Va., as the 2018 NAHB Remodeler of the Year. The NAHB Remodeler of the Year award recognizes superior business management, exemplary NAHB involvement at all levels and outstanding contributions to the remodeling industry
Most Americans Cite a Housing Affordability Crisis Nationwide and Close to Home
Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to a new nationwide survey conducted on behalf of the National Association of Home Builders (NAHB)
Home Builders Mourn the Passing of President Bush
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., issued the following statement on the passing of President George H. W. Bush. “On behalf of all the members of NAHB, I wish to extend my deepest condolences to the Bush family.
New Home Sales Drop 8.9 Percent in October as Affordability Challenges Persist
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 2.8 percent from this time in 2017.
NAHB Announces Best of 55+ Housing Awards Finalists
The National Association of Home Builders (NAHB) announced the finalists for its 2019 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry. A total of 116 entries were chosen as finalists and are eligible for either a gold or silver award from NAHB's 55+ Housing Industry Council
Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues
Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, total housing starts rose 1.5 percent in October to a seasonally
Multifamily Builder and Developer Confidence Weakens in Third Quarter as Market Faces Challenges
Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices: The Multifamily Production Index (MPI), which dropped three points to 48 compared to the previous quarter; and the Multifamily Vacancy Index (MVI), which rose two points to 47 compared to the previous quarter.
Builder Confidence Drops as Housing Affordability Issues Rise
Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to 60 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the sharp drop, builder sentiment still remains in positive territory.
Statement from NAHB Chairman Randy Noel and HBI Incoming President and CEO Ed Brady...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and Ed Brady, incoming president and CEO of the Home Builders Institute (HBI), issued the following joint statement regarding the First Step Act
Statement from NAHB Chairman Randy Noel on FHA Actuarial Report
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after the Federal Housing Administration (FHA) released its annual actuarial report to Congress
Housing Affordability Edges Lower in the Third Quarter
A modest increase in interest rates and home prices kept housing affordability at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
Statement from NAHB Chairman Randy Noel on 2018 Midterm Elections
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement regarding the 2018 midterm elections
NAHB Announces Finalists for Apartment and Condo Awards
Roof deck pools and lounges, stunning views, a focus on health and fitness and a friendly welcome for pets are some of the features that millennials and 55+ downsizers are looking for in a multifamily community.
Builder Confidence in the 55+ Housing Market Drops in the Third Quarter
Builder confidence in the single-family 55+ housing market dropped seven points to 60 in the third quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. Although the index declined, it is still in positive territory as a reading above 50 means that more builders view conditions as good than poor.
New Home Sales Fall 5.5 Percent in September as Affordability Issues Continue
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 553,000 units after downwardly revised August, July and June reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 3.5 percent from this time in 2017
Remodeling Confidence Remains Solid in Third Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since the second quarter of 2013.
Multifamily Decline Pushes Overall Housing Starts Down in September
Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department
Builder Confidence Rises One Point in October, Remains at Summer Levels
Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high 60s since June
Former NAHB Chairman Ed Brady Named New President and CEO of Home Builders Institute
Ed Brady, Bloomington, Ill.-based builder and developer and 2016 Chairman of the National Association of Home Builders (NAHB), has been appointed as the new president and chief executive officer of the Home Builders Institute (HBI).
