News
RealEstateRama News
Remodeling Confidence Increases Despite Rising Costs
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the second quarter of 2018, up one point 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.
Call for Entries Now Open for NAHB’s Sales and Marketing Awards–‘The Nationals’
The Nationals--the National Association of Home Builders' national sales and marketing awards program--is open for entries. Honoring the best in new-home sales, marketing and design
Housing Starts Fall 12.3 Percent As Tariffs Draw Increased Concern
Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Builder Confidence Stays at Healthy Level in July
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Statement from NAHB Chairman Randy Noel in Support of Judge Brett Kavanaugh to the...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement of support for Judge Brett Kavanaugh to be the next Associate Justice to the U.S. Supreme Court
New Home Sales Rise to Highest Level This Year
Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April 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 second-highest sales report since the Great Recession
Statement from NAHB Chairman Randy Noel on House Passage of Farm Bill
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 House passage of the farm bill
Statement from NAHB Chairman Randy Noel on Rules Pertaining to AHPs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement regarding the Trump administration’s finalized rule promoting association health plan
Builders Discuss Rising Lumber Prices with Commerce Secretary Ross
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 NAHB leadership met today with Commerce Secretary Wilbur Ross to discuss the growing problem of escalating lumber prices that are being exacerbated by tariffs on Canadian lumber imports into the U.S.
Builder Confidence Slips Two Points as Lumber Prices Soar
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The decline was due in large part to sharply elevated lumber prices, although sentiment remains on solid footing.
Statement from NAHB Chairman Randy Noel on EPA Sending Revised WOTUS Rule to OMB
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 Environmental Protection Agency (EPA) announced that a revised Waters of the U.S. rule has been sent to the Office of Management and Budget (OMB).
More than 30 Percent of Multifamily Development Cost Attributable to Regulation, According to New...
Regulation imposed by all levels of government accounts for an average of 32.1 percent of multifamily development costs, according to new research released today by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC). In fact, in a quarter of cases, that number can reach as high as 42.6 percent.
Statement from NAHB Chairman Randy Noel on Congressional Lumber Letter
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 a congressional lettersigned by 172 members of Congress urging the Trump administration to restart lumber trade talks with Canada:
Statement from NAHB Chairman Randy Noel on Democratic Housing Task Force
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 a report by the New Democrat Coalition Housing Task Force
NAHB Releases Salary, Bonus and Benefit Data for 39 Jobs Across the Home Building...
BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) recently released The Single-Family Builder Compensation Study, 2017 Edition. The study includes data collected on compensation and benefits for 39 common positions at single-family home building companies.
Homeownership Is Primary Driver of U.S. Household Wealth
As the nation's home builders celebrate National Homeownership Month in June, new research shows a household's primary residence is its largest asset and continues to provide an important building block for long-term financial security.
Statement from NAHB Chairman Randy Noel on Signing Banking Bill into Law
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law.
Multifamily Builders and Developers Remain Positive about the Apartment and Condo Market as Demand...
Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI) released today by the National Association of Home Builders (NAHB). The MPI remained unchanged from last quarter, coming in at a reading of 53, while the MVI remained essentially unchanged at 42.
April New Home Sales Inch Down 1.5 Percent, Stay Close to Post-Recession High
Sales of newly built, single-family homes edged down 1.5 percent in April to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
NAHB Commends Confirmation of Brian Montgomery as FHA Commissioner
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement regarding the Senate confirmation of Brian Montgomery to run the Federal Housing Administration (FHA)
