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Demand for Apartments Will Fuel the Multifamily Sector in 2020

Filed in Economics, Multifamily by on January 22, 2020 3 Comments
Demand for Apartments Will Fuel the Multifamily Sector in 2020

Apartment production has returned to pre-recession levels and vacancies are low, but more new apartment homes are needed, according to experts participating in a press conference today during the NAHB International Builders’ Show in Las Vegas.

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Best of 55+ Housing Awards Announce Builder of the Year and Community of the Year

Filed in 55+ Housing, Awards by on January 22, 2020 0 Comments
Best of 55+ Housing Awards Announce Builder of the Year and Community of the Year

NAHB named Robson Communities Inc. in Sun Lakes, Ariz., the Builder of the Year and Trilogy® in Summerlin® in Las Vegas the Community of the Year, as part of the 2020 Best of 55+ Housing Awards.

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NAHB Identifies Top Features and Design Trends for 2020

Filed in Design, Housing Trends by on January 22, 2020 0 Comments
NAHB Identifies Top Features and Design Trends for 2020

Walk-in master bedroom closets, low-emissivity (low-e) windows and laundry rooms are the most likely features in typical new homes in 2020, based on a survey of single-family home builders. Energy-efficient features such as efficient lighting, programmable thermostats and ENERGY STAR appliances will also be likely, as will open design concepts such as great rooms and nine-plus-foot ceilings on the first floor.

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Community, Development Firms of the Year Named in 2019 NAHB Multifamily Pillars Awards

Filed in Awards, Multifamily by on January 22, 2020 0 Comments
Community, Development Firms of the Year Named in 2019 NAHB Multifamily Pillars Awards

Modera Sedici in Washington, D.C., was named Multifamily Community of the Year, and Crescent Communities in Charlotte, N.C., was named Multifamily Development Firm of the Year by the National Association of Home Builders (NAHB) Multifamily Pillars of the Industry Awards for 2019.

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Residential Remodeling Spending Continues to Slowly Grow

Filed in Economics, Remodelers by on January 21, 2020 2 Comments
Residential Remodeling Spending Continues to Slowly Grow

Spending on residential improvements will continue to grow over the next two years at a gradual pace, according to experts at a press conference hosted by NAHB Remodelers at the NAHB International Builders’ Show (IBS) in Las Vegas.

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Single-Family Starts Will Gain Ground in 2020

Filed in Economics by on January 21, 2020 1 Comment
Single-Family Starts Will Gain Ground in 2020

Single-family starts should continue on a gradual, upward trajectory in 2020, fueled by solid job growth and low mortgage rates that will keep demand firm, according to economists speaking at the International Builders’ Show in Las Vegas today.

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Remodeler Confidence Increases in 4th Quarter of 2019

Filed in Economics, Remodelers by on January 21, 2020 0 Comments
Remodeler Confidence Increases in 4th Quarter of 2019

NAHB’s Remodeling Market Index (RMI) posted a reading of 58 in the fourth quarter of 2019, up three points 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.

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Find Out How Your NAHB Membership is Working for You

Filed in International Builders' Show, Membership by on January 20, 2020 0 Comments
Find Out How Your NAHB Membership is Working for You

If you are attending the International Builders’ Show in Las Vegas this week, be sure to stop by the NAHB Headquarters to learn how to maximize your membership and take advantage of exclusive benefits, including deep member savings, access to industry experts, unique networking opportunities and more.

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Housing Starts Finish 2019 Strong

Filed in Economics by on January 17, 2020 1 Comment
Housing Starts Finish 2019 Strong

Total housing starts increased 16.9% in December to a seasonally adjusted annual rate of 1.61 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. This is a 13-year high for housing starts.

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Builder Confidence Begins Year Strong as Single-Family Growth Continues

Filed in Economics by on January 16, 2020 9 Comments
Builder Confidence Begins Year Strong as Single-Family Growth Continues

Builder confidence in the market for newly built single-family homes edged one point lower to 75 in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. The last two monthly readings mark the highest sentiment levels since July 1999.

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