The National Association of Home Builders celebrates June as National Homeownership Month in recognition of the fact that being a homeowner has long been the foundation of the American dream. Owning a home provides more than just shelter for your family and a home for your most valued treasures. For generations of Americans, owning your own home has also meant[...]
The pace of new home sales remained essentially unchanged at a seasonally adjusted annual rate of 373,000 units in August according to recently released figures from the U.S. Census Bureau and HUD. The stagnation of home sales follows the substantial increase the industry saw in July. "New-home sales in August effectively tied the pace they set in the previous month, when[...]
The National Association of Home Builders (NAHB) reminds you not to believe everything you hear. They want to assure home buyers and builders alike that the new 3.8 percent Medicare tax is not a straight tax on new home sales. In a statement released Friday, the NAHB stated that the tax increase may affect some real estate investments through capital[...]
In response to the National Association of Home Builders’ (NAHB) and affiliated trade group’s concerns new legislation was recently introduced by Reps. John Sullivan (R-Okla.), Tim Murphy (R-Pa.) and a bipartisan list of original co-sponsors to make much-needed improvements to the Environmental Protection Agency’s Lead: Repair, Renovation and Painting (LRRP) rule. The H.R. 5911, the Lead Exposure Reduction Amendments Act of[...]
According the National Association of Home Builders (NAHB), remodeling hit its highest point in five years during fourth-quarter of 2011. NAHB measures remodeling sentiment with its Remodeling Market Index (RMI), which rose from 41.7 for third quarter to 46.6 in the fourth quarter. The index uses a scale of 1 to 100 to represent the actions and expectations of the[...]
The National Association of Home Builders (NAHB) was pleased that the needs of Americans to stay in their homes and staunch the rising tide of foreclosures was a prominent part of President Obama’s State of the Union address. The proposed refinancing plans that Obama put forward will help struggling homeowners as the market still searches for a way to find[...]
BUILD-PAC is the voice of America's housing industry. Are you a member? If you work in the housing industry, I'd like to personally encourage you to join. BUILD-PAC is the Political Action Committee of the National Association of Home Builders (NAHB). Advocacy and Political action are hugely important to builders, developer and others in the industry. Become more involved with BUILD-PAC and[...]
We've all heard the terms "short sale" and foreclosures, but what do they really mean to you as a homeowner? What do they mean to homebuyers? to Realtors? Through this multi-part series we will explore what these terms mean and how they could apply to you. Part 1: What do I need to know before entering a Short Sale? Before we get[...]
Many trends have recently pointed towards small being the "new big" in the recent years. The median size of the single family home has dropped nearly 50 square feet from 2277 square feet to 2215 square feet in the past 14 years. According to a recent article, with the economy and the real estate industry dwindling, large homes are not[...]
If you are planning to buy your first home, there has truly never been a better time! As a first-time home buyer you may qualify for up to an $8,000 tax credit. Between the tax credit, historically low mortgage rates, low home prices and a wide variety of homes to chose from, there are lots of reasons to consider a[...]