Paycheck Protection Program Loan Deadline is Aug. 8

Filed in Advocacy, Disaster Response by on August 7, 2020 4 Comments
Paycheck Protection Program Loan Deadline is Aug. 8

As the Aug. 8 deadline approaches to apply for a small business loan through the Paycheck Protection Program (PPP), NAHB continues to urge Congress to extend the deadline and ensure broader builder eligibility under the PPP so that land developers, multifamily property owners and state and local home builder associations have access to this loan program.

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Achieving Housing Resilience Through Retrofits

Achieving Housing Resilience Through Retrofits

NAHB’s Construction Technology Research Subcommittee worked with Home Innovation Research Labs to develop a series of two-page guidelines illustrating techniques for retrofitting existing homes to improve their performance against natural hazards.

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Soaring Lumber Prices Limit Housing’s Growth

Filed in Economics by on August 6, 2020 3 Comments
Soaring Lumber Prices Limit Housing’s Growth

Demand for single-family homes remains a bright spot for the overall economy. However, the price of lumber has staged a staggering increase in recent months, exacerbating affordability woes and limiting housing’s economic impact.

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Housing Affordability Hits 18-Month Low on Lack of Supply, Higher Prices

Filed in Economics, Housing Affordability by on August 6, 2020 1 Comment
Housing Affordability Hits 18-Month Low on Lack of Supply, Higher Prices

Despite low interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI) released today. 

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NAHB Rolls Out First Wave of 2020 Congressional Endorsements

Filed in Advocacy, Membership by on August 5, 2020 4 Comments
NAHB Rolls Out First Wave of 2020 Congressional Endorsements

NAHB is once again endorsing candidates for the U.S. House and Senate in the upcoming Nov. 3 elections. NAHB endorses candidates who have shown a commitment to policies that promote homeownership and rental housing opportunities for all Americans.

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HBAs and Members Find Success with Virtual Education Courses

Filed in Disaster Response, Education, Membership by on August 5, 2020 0 Comments
HBAs and Members Find Success with Virtual Education Courses

NAHB Education has adapted quickly to the shifting learning landscape and began offering its intensive, full-day designation courses — such as those for the Certified Aging in Place Specialist (CAPS) professional designation — on a virtual platform.

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Spotlight Top Features Consumers Seek with NGBS Green+ Badges

Filed in Sustainability and Green Building by on August 4, 2020 0 Comments
Spotlight Top Features Consumers Seek with NGBS Green+ Badges

Builders and developers can now earn special recognition through Home Innovation Research Labs for NGBS Green Certified homes that “go above and beyond” in certain areas of green practice.

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NAHB Seeks Meeting with Commerce Secretary on Soaring Lumber Prices

Filed in Advocacy, Economics, Trade by on August 4, 2020 10 Comments
NAHB Seeks Meeting with Commerce Secretary on Soaring Lumber Prices

Amidst a backdrop of record high lumber prices, NAHB is seeking to address supply chain disruptions and tariffs that are contributing to price volatility in the marketplace. Letters were sent last week to Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and Zoltan van Heyningen, executive director of the U.S. Lumber Coalition.

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Multiple Offers for Homes on the Market are Becoming More Common

Filed in Economics, Housing Affordability by on August 3, 2020 4 Comments
Multiple Offers for Homes on the Market are Becoming More Common

In a sign that the inventory of for-sale homes remains tight, NAHB’s quarterly Housing Trends Report reveals that more buyers are finding their home search delayed because of a rising number of multiple offers on the same property. The survey found 30% of active buyers reported getting outbid by another buyer in the second quarter of 2020, significantly higher than the comparable 18% share a year earlier.

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Video: NAHB Chairman Chuck Fowke Delivers Inaugural Address to Membership

Filed in Membership by on August 3, 2020 7 Comments
Video: NAHB Chairman Chuck Fowke Delivers Inaugural Address to Membership

The new 2020 NAHB Chairman Chuck Fowke delivers his first remarks to the broader NAHB membership in this month’s Chairman’s Update.

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