Multifamily

Housing Starts Reach Post-Recession High in May as Permits Soften

Filed in 55+ Housing, Home Building, Multifamily by on June 19, 2018 0 Comments
Housing Starts Reach Post-Recession High in May as Permits Soften

Total housing starts rose 5% in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from HUD and the Commerce Department. This is the highest housing starts report since July 2007.

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Nearly One-Third of Multifamily Development Costs Stem From Regulations

Nearly One-Third of Multifamily Development Costs Stem From Regulations

Regulation imposed by all levels of government accounts for an average of more than 32% of multifamily development costs, according to new research released today by NAHB and the National Multifamily Housing Council.

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Senate Panel Approves $1.8 Billion Budget Increase for HUD

Filed in Capitol Hill, Housing Finance, Multifamily by on June 8, 2018 0 Comments
Senate Panel Approves $1.8 Billion Budget Increase for HUD

The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]

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Gothic Drama + Modern Lofts = Mixed-Use Success

Filed in Awards, Multifamily by on June 6, 2018 0 Comments
Gothic Drama + Modern Lofts = Mixed-Use Success

The Arcade, a 100-year-old office and retail block, stood empty in downtown St. Louis for 30 years. The roof had been neglected and water had streamed throughout the buildings, with the worst damage on the upper levels. Today, it’s a successful rental apartment building and Pillars of the Industry award winner.

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On Lumber, Trump is Listening

Filed in Home Building, Multifamily by on June 1, 2018 4 Comments
On Lumber, Trump is Listening

In an early morning tweet on Friday, President Trump laid out the issues, calling on Canada to “open their markets and take down their trade barriers” and referencing timber and lumber trade imbalances as a factor in sky-high costs.

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Multifamily Builders and Developers Remain Positive as Demand Continues

Filed in Economics, Multifamily by on May 24, 2018 0 Comments
Multifamily Builders and Developers Remain Positive as Demand Continues

Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI) released today by NAHB. The MPI remained unchanged from last quarter, coming in at a reading of 53, while the MVI remained essentially unchanged at 42.

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April New Home Sales Inch Down 1.5%, Stay Close to Post-Recession High

Filed in Home Building, Multifamily by on May 23, 2018 0 Comments
April New Home Sales Inch Down 1.5%, Stay Close to Post-Recession High

Sales of newly built, single-family homes edged down 1.5% in April to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March report, according to newly released data from HUD and the Census Bureau.

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Voting Open Through May 23 on Building Code Proposals

Voting Open Through May 23 on Building Code Proposals

The voting is now open on 17 Assembly Floor Motions from the 2018 Group A Committee Action Hearings that took place in Columbus, Ohio April 15-23. All members of the International Code Council (ICC) can vote on the motions, meaning that any NAHB member who is also a member of the ICC is eligible.

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Soundproofing for In-Home Media: The Basics

Filed in Design, Home Building, Multifamily by on May 16, 2018 0 Comments
Soundproofing for In-Home Media: The Basics

A dedicated home theater can make for a better viewing experience than a commercial theater, but only when the right forethought is given to sound isolation.

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Housing Production Drops 3.7%, Remains Near Post-Recession High

Filed in Economics, Home Building, Multifamily by on May 16, 2018 0 Comments
Housing Production Drops 3.7%, Remains Near Post-Recession High

Total housing production fell 3.7% in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34 million, according to newly released data from HUD and the Commerce Department. The March report marked an 11-year high for housing production.

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