Proposed Regulations on Opportunity Zones Released

Filed in Tax Reform Toolkit by on October 19, 2018 0 Comments
Proposed Regulations on Opportunity Zones Released

The Treasury Department and IRS today released the long-awaited proposed regulations for implementing opportunity zones, a new type of economic development incentive created by the Tax Cuts and Jobs Act of 2017.

Continue Reading »

How Did You Engage with YP Week 2018?

Filed in Councils & Committees by on October 19, 2018 0 Comments
How Did You Engage with YP Week 2018?

NAHB’s inaugural Young Professionals Week is concluding today, but not without a lot of activity from YPs across the country.

Continue Reading »

Labor Shortages are Raising Home Prices

Filed in Economics, Labor, Safety and Health by on October 19, 2018 0 Comments
Labor Shortages are Raising Home Prices

Last month, NAHBNow recounted the record share of single-family builders reporting shortages of labor and subcontractors based on a recent survey conducted by the association. View the three most widespread effects of the labor shortages.

Continue Reading »

Senate Candidate Mitt Romney Speaks to Salt Lake HBA

Filed in Capitol Hill by on October 18, 2018 0 Comments
Senate Candidate Mitt Romney Speaks to Salt Lake HBA

A packed hall of builder members came on Oct. 15 to hear Romney, whom NAHB is endorsing to succeed retiring Sen. Orrin Hatch.

Continue Reading »

WOTUS Confusion Abounds but More Clarity Could Come Soon

Filed in Environmental by on October 18, 2018 0 Comments
WOTUS Confusion Abounds but More Clarity Could Come Soon

Multiple legal challenges, combined with federal rulemakings in various stages, are complicating efforts to track the federal Waters of the U.S. (WOTUS) definition.

Continue Reading »

Confidence Among Remodelers Remains Solid

Filed in Economics, Remodelers by on October 18, 2018 0 Comments
Confidence Among Remodelers Remains Solid

NAHB’s Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018. The RMI has been consistently above 50 — indicating the majority of remodelers report market activity is higher compared to the previous quarter — since the second quarter of 2013.

Continue Reading »

Upcoming Webinars to Clarify New Tax Law

Filed in Tax Reform Toolkit by on October 17, 2018 0 Comments
Upcoming Webinars to Clarify New Tax Law

Still confused about the new tax law? Then take advantage of two upcoming opportunities to hear directly from the IRS about the changes made to the business tax code.

Continue Reading »

Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Filed in Capitol Hill, Multifamily by on October 17, 2018 0 Comments
Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Sen. Dean Heller (R-Nev) on Oct. 11 introduced the Seniors Affordable Housing Tax Credit Act (S. 3580), legislation that would provide tax credits to building owners who lease units to low-income seniors.

Continue Reading »

Multifamily Decline Pushes Overall Housing Starts Down in September

Filed in Economics, Home Building, Multifamily by on October 17, 2018 0 Comments
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.

Continue Reading »

Average New Lot Size Remains at Record Low

Filed in Economics by on October 16, 2018 0 Comments
Average New Lot Size Remains at Record Low

The median lot size of a new single-family detached home sold in 2017 was 8,560 square feet, or just under one-fifth of an acre. While only two square feet smaller than 2016’s median lot size, it is still the lowest number since the Census Bureau’s Survey of Construction (SOC) started tracking the series for single-family detached homes in 1992.

Continue Reading »

Advertisement