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Remodeling Market

Remodeling Market Index Rises to Five-Year High

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Released today, the RMI increased to 46.6 in the fourth quarter from 41.7 in the third quarter.

Recent NAHB Press Releases

NAHB

October New Home Sales Down on Higher Rates

Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate

Random NAHB in News

CNNBusiness

Fears of housing downturn may have been overblown

But the National Association of Home Builders (NAHB) said Wednesday that builder confidence spiked last month thanks to a drop in interest rates.
Forbes

I Want A Better House

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Mayor Bowser, DCHA & POAH Celebrate Ribbon Cutting and Groundbreaking of...

Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with the District of Columbia Housing Authority (DCHA) and nonprofit developer Preservation of Affordable Housing (POAH) today celebrated the grand opening of The Asberry, a mixed-use building with 108 units of affordable rental housing with a preference for those aged 55+.