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Lumber Exports and Imports are on the Rise

Filed in Construction Industry by on February 21, 2018 2 Comments
Lumber Exports and Imports are on the Rise

As punitive duties averaging more than 20% were imposed on Canadian softwood lumber imports in 2017, domestic producers responded by shipping record amounts of timber overseas, raising prices for builders and exacerbating housing affordability issues.

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Budget Accord May Affect Rebuilding Efforts

Filed in Capitol Hill, Codes and Regulations by on February 15, 2018 0 Comments
Budget Accord May Affect Rebuilding Efforts

The two-year budget accord signed by President Trump earlier this month contains provisions from a House of Representatives disaster relief bill (H.R. 4460, the Disaster Recovery Reform Act) designed for states hit hard by hurricanes and wildfires in 2017. However, the details on how these provisions will work are still in flux.

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Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

Filed in Capitol Hill, Labor, Safety and Health by on February 12, 2018 2 Comments
Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

President Trump’s proposed fiscal 2019 budget, which runs from Oct. 1, 2018 through Sept. 30 2019, would cut the HUD budget 18.3%, or $8.8 billion, to $39.2 billion.

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55+ Households Account for 2/3 of Home Equity

Filed in 55+ Housing, Economics, Homeownership by on February 9, 2018 0 Comments
55+ Households Account for 2/3 of Home Equity

Households headed by someone age 55 or older account for two-thirds of the nation’s total home equity, according to data from the most recent (2016) Survey of Consumer Finances. (SCF). The survey is conducted every three years by the Federal Reserve and serves as one of the few federal sources of information on household wealth.

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Energy and Home Owner Tax Credits Included in Budget Accord

Filed in Capitol Hill by on February 9, 2018 1 Comment
Energy and Home Owner Tax Credits Included in Budget Accord

As part of the Bipartisan Budget Act of 2018, which was signed into law on February 9, Congress retroactively extended a number of expired energy and home owner tax provisions. The tax credits were reinstated on a retroactive basis for 2017 only.

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After Brief Government Shutdown, Congress Approves 2-Year Budget Framework

Filed in Capitol Hill by on February 9, 2018 0 Comments
After Brief Government Shutdown, Congress Approves 2-Year Budget Framework

Congress early this morning approved a two-year budget framework to keep the government running following a brief shutdown that began at midnight and lasted less than six hours. The accord includes massive increases to defense and discretionary spending, as well as key housing provisions.

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FHFA Establishes Affordable Housing Goals for Fannie Mae, Freddie Mac

Filed in Housing Finance by on February 6, 2018 0 Comments
FHFA Establishes Affordable Housing Goals for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) announced today it has published a final rule establishing single-family and multifamily housing goals for Fannie Mae and Freddie Mac for 2018 through 2020.

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7 Results that Drive Sales

7 Results that Drive Sales

Persuasion is the key to selling. This was among the key takeaways during a Jan. 10 seminar at the International Builders’ Show in Orlando, where John Palumbo of the Jacksonville, Fla-based Sterling Group laid out seven steps to help builders to close more deals and to maximize their sales.

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Trump: ‘America is a Nation of Builders’

Filed in Capitol Hill by on January 31, 2018 6 Comments
Trump: ‘America is a Nation of Builders’

President Trump declared that “America is a nation of builders” in his State of the Union address last night and the nation’s home builders wholeheartedly agree.

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When it Comes to Community Design, Pools and Club Houses are Passé

Filed in Design, Education, International Builders' Show by on January 24, 2018 0 Comments
When it Comes to Community Design, Pools and Club Houses are Passé

When it comes to building new communities, the traditional pool and clubhouse will no longer suffice if you want to stand out from your competitors. This was one of the key messages delivered at a Jan. 11 educational seminar on new amenities for lifestyle buyers during the International Builders’ Show in Orlando.

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