Housing Affordability

NAHB Chairman Urges Congress to Boost Lumber Production from Federal Lands

Filed in Advocacy, Housing Affordability, Material Costs by on June 29, 2021 9 Comments
NAHB Chairman Urges Congress to Boost Lumber Production from Federal Lands

To help resolve lumber supply shortages and rein in elevated prices, NAHB Chairman Chuck Fowke today called on Congress to increase domestic lumber production from federal lands, both as a means to improve housing affordability and address the resilience of our national forests.

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New Home Prices Squeeze Buyers Out of the Low End

Filed in Economics, Housing Affordability, Trends by on June 28, 2021 25 Comments
New Home Prices Squeeze Buyers Out of the Low End

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show that home buyers in the bottom one-fourth of the market have been squeezed entirely out of the market for new construction due to a mismatch between actual prices of new homes and prices that buyers expect to pay.

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Biden Nominates Julia Gordon as FHA Commissioner

Filed in Housing Affordability, Housing Finance by on June 25, 2021 0 Comments
Biden Nominates Julia Gordon as FHA Commissioner

President Biden has nominated Julia Gordon to serve as commissioner of the Federal Housing Administration (FHA).

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CDC Extends Eviction Moratorium Through July 31; White House Announces New Federal Initiatives to Prevent Evictions

Filed in Advocacy, Housing Affordability, Legal, Multifamily by on June 24, 2021 0 Comments
CDC Extends Eviction Moratorium Through July 31; White House Announces New Federal Initiatives to Prevent Evictions

The Centers for Disease Control and Prevention (CDC) today extended its eviction moratorium order until July 31, 2021, and indicated in a press release that “this is intended to be the final extension of the moratorium.” Due to a previous court ruling in which NAHB took part, this order should not apply to NAHB members who were members of the association as of Oct. 23, 2020 when the case was filed.

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NAHB Tells HUD to Prioritize Housing Affordability

NAHB Tells HUD to Prioritize Housing Affordability

On June 21, NAHB CEO Jerry Howard met with Lopa Kolluri, HUD’s Principle Deputy Assistant Secretary for the Office of Housing-Federal Housing Administration, and her leadership team to discuss housing affordability concerns.

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Housing Prices Likely to Remain High as Supply Remains Low, Disproportionately Affecting Minorities

Filed in Economics, Housing Affordability by on June 17, 2021 0 Comments
Housing Prices Likely to Remain High as Supply Remains Low, Disproportionately Affecting Minorities

The pandemic has not only created a shift in housing demand; it has also shone a brighter light on housing disparities, according to The State of the Nation’s Housing 2021 report from Harvard University’s Joint Center for Housing Studies.

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Podcast: Lumber Meeting with Commerce Secretary and What’s Ahead in Congress

Podcast: Lumber Meeting with Commerce Secretary and What’s Ahead in Congress

On the latest episode of NAHB’s Housing Developments podcast, Chief Lobbyist Jim Tobin and guest host Senior Vice President of Communications & Public Affairs Paul Lopez discuss the recent meeting between the NAHB Senior Officers and Commerce Secretary Gina Raimondo on the importance of finding a solution to the lumber crisis.

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How Lumber Prices are Hammering Housing Affordability for Home Owners

How Lumber Prices are Hammering Housing Affordability for Home Owners

Home owners and builders continue to look for opportunities to minimize the impact lumber prices and other material costs are having on the overall cost of the home. But as they strategize, prices are only getting worse.

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Building Costs Skyrocket Over the Past 12 Months

Filed in Advocacy, Housing Affordability, Material Costs by on June 4, 2021
Building Costs Skyrocket Over the Past 12 Months

Building material costs have soared 26.1% on average over the past 12 months, according to a recent survey of single-family builders asking how much costs have increased for the same house over the last year.

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Biden Announces Actions to Address Racial Discrimination in Housing Market

Filed in Advocacy, Housing Affordability by on June 2, 2021 0 Comments
Biden Announces Actions to Address Racial Discrimination in Housing Market

President Biden on June 1 announced new steps to narrow the racial wealth gap and address racial discrimination in the housing market at a Tulsa, Okla. event commemorating the 100th¬†anniversary of the race massacre that destroyed “Black Wall Street” in the once thriving Black community of Greenwood.

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