Builder Confidence Springs Back with 4-Point August Jump

Filed in Economics, Home Building by on August 15, 2017 0 Comments
Builder Confidence Springs Back with 4-Point August Jump

The NAHB/Wells Fargo Housing Market Index rose four points in August to 68. “Our members are encouraged by rising demand in the new-home market,” said NAHB Chairman Granger MacDonald. “This is due to ongoing job and economic growth, attractive mortgage rates and growing consumer confidence.”

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Feeling Overregulated? Call the SBA Ombudsman

Filed in Codes and Regulations by on August 14, 2017 0 Comments
Feeling Overregulated? Call the SBA Ombudsman

After testifying about overregulation at a Small Business Adminstration roundtable this month, Randy Strauss wants to make sure that home builders don’t have to wait for an invitation to let the feds know when things are a little haywire.

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Legal Action Fund Now Accepting Applications

Filed in Councils & Committees, Legal by on August 14, 2017 0 Comments
Legal Action Fund Now Accepting Applications

Applications are now being accepted for the NAHB Legal Action Fund, which provides financial assistance to state and local HBAs as well as their builder/developer members involved in litigation with the potential to significantly affect the industry.

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Colorado Mandates Intro to Skilled Labor in Public High Schools

Colorado Mandates Intro to Skilled Labor in Public High Schools

A new law in Colorado aims to address one of the greatest challenges to recruiting skilled labor: dispelling the myth that all successful career paths require a college education.

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HUD Announces 2-Year Suspension of Small Area Fair Market Rents

Filed in Codes and Regulations, Multifamily by on August 11, 2017 0 Comments
HUD Announces 2-Year Suspension of Small Area Fair Market Rents

In a move that should be beneficial to multifamily builders, HUD has announced a two-year-suspension in the use of Small Area Fair Market Rents as a guideline for public housing agencies in determining their subsidy payment standards in the Housing Choice Voucher program.

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Introducing NAHB One to Watch Awards

Filed in Awards by on August 11, 2017 0 Comments
Introducing NAHB One to Watch Awards

NAHB’s newest awards program recognizes the rising stars who are the future of our industry.

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EPA Administrator Meets with Dallas Builders

Filed in Codes and Regulations, Environmental by on August 11, 2017 0 Comments
EPA Administrator Meets with Dallas Builders

A dozen Dallas-area home builders met with EPA Administrator Scott Pruitt on Thursday and discussed the overreach of federal regulations regarding what constitutes “waters of the United States.”

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Can I Bury My Ducts in the Attic Insulation?

Filed in Codes and Regulations, Home Building by on August 10, 2017 0 Comments
Can I Bury My Ducts in the Attic Insulation?

Craig Drumheller wanted to know why the ductwork for his home air conditioning system ran through the highest and hottest portion of his attic, making the system work extra hard to keep the conditioned air cool. Why was the practice of burying the ductwork in the attic insulation prohibited in his jurisdiction?

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HUD Report Shows Housing Affordability Crisis is Worsening

Filed in Multifamily by on August 10, 2017 0 Comments
HUD Report Shows Housing Affordability Crisis is Worsening

HUD released a report to Congress on Aug. 9 entitled Worst Case Housing Needs 2017 which found that 8.3 million households had “worst-case housing needs” in 2015, meaning they are very low-income renters who do not receive government housing assistance and paid more than half their income for rent, lived in severely inadequate conditions, or both.

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Housing Affordability Inches Lower in 2nd Quarter

Filed in Economics, Sales & Marketing by on August 10, 2017 0 Comments
Housing Affordability Inches Lower in 2nd Quarter

Rising home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017, according to the NAHB/Wells Fargo Housing Opportunity Index released today.

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