Affordability

Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years

Filed in Affordability, Economics by on November 7, 2019 0 Comments
Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years

With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI) released today.

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NAHB Kicks Off Election 2020 Event Series This Month

Filed in Affordability, Capitol Hill by on November 4, 2019 0 Comments
NAHB Kicks Off Election 2020 Event Series This Month

NAHB will host a series of events throughout the 2020 campaign season, featuring candidates, local leaders and constituents discussing the importance of housing issues.

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What is the ‘Missing Middle’ of Housing?

Filed in Affordability, Education, Land Development, Multifamily by on November 1, 2019 0 Comments
What is the ‘Missing Middle’ of Housing?

Less restrictive zoning would allow for more of what’s been termed “missing middle housing” and help provide solutions to the housing affordability crisis. A recent webinar presented what missing middle housing is, how it meets the needs of today’s buyers, and the current challenges and successes in developing these types of homes.

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HUD and Justice Department Reach Agreement on False Claims Act

Filed in Affordability, Housing Finance by on October 29, 2019 0 Comments
HUD and Justice Department Reach Agreement on False Claims Act

In an effort to convince more banks to offer Federal Housing Administration (FHA) financing, U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr yesterday issued a Memorandum of Understanding (MOU) between the two agencies that sets guidance on the appropriate use of the False Claims Act (FCA) for violations by FHA lenders.

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Harvard Report Cites Growing Housing Inequality Among Older Adults

Filed in 55+ Housing, Affordability, Economics, Housing Trends by on October 16, 2019 2 Comments
Harvard Report Cites Growing Housing Inequality Among Older Adults

Harvard report highlights growing affordability challenges facing the nation with respect to housing its increasing older adult population.

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NAHB Podcast: Is Upzoning a Trend or a Solution?

Filed in Affordability, Land Development by on October 2, 2019 2 Comments
NAHB Podcast: Is Upzoning a Trend or a Solution?

On this episode of Housing Developments, co-hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the latest trend in the fight for affordable housing: upzoning. Does this policy have the legs to be more than a trend and become a solution?

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Utah Builder Announces Second Annual Housing Affordability Competition

Filed in Affordability by on October 2, 2019 0 Comments
Utah Builder Announces Second Annual Housing Affordability Competition

The 2020 Ivory Prize for Housing Affordability, presented by Ivory Innovations, is now accepting applications. Now in its second year, the Ivory Prize awards a total of $200,000 to winners that have developed ambitious, feasible and scalable solutions to housing affordability within three focus areas: construction and design; finance; and public policy and regulatory reform.

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NAHB Builder Urges Congress to Promote Green Initiatives

Filed in Affordability, Capitol Hill, Codes and Regulations by on September 20, 2019 8 Comments
NAHB Builder Urges Congress to Promote Green Initiatives

NAHB told Congress today that it wants to work as a partner with officials at all levels of government to encourage energy efficiency, but also stressed that it is urgent that housing affordability is not jeopardized in the process.

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Big Gap Between Home Prices and Buyers’ Expectations

Filed in Affordability, Economics, Homeownership, Housing Trends by on September 13, 2019 0 Comments
Big Gap Between Home Prices and Buyers’ Expectations

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show a mismatch between the actual prices of new homes and the prices buyers expect to pay.

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NAHB and EPA Leadership Address Key Issues Affecting Housing Affordability

NAHB and EPA Leadership Address Key Issues Affecting Housing Affordability

NAHB’s Senior Officers met with Andrew Wheeler, administrator for the Environmental Protection Agency, to discuss NAHB’s continued collaboration with the agency on key issues involving the home building industry.

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