Rick Judson, chairman of the National Association of Home Builders (NAHB) and a home builder from Charlotte, N.C., issued the following statement regarding comprehensive immigration reform unveiled by a group of eight bipartisan senators:
Facing increasing costs for building materials and rising concerns about the supply of developed lots and labor, builders registered less confidence in the market for newly built, single-family homes in April, with a two-point drop to 42 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released recently.
With tight mortgage lending standards preventing well-qualified home buyers from obtaining home loans and impeding the housing and economic recovery, the National Association of Home Builders (NAHB) expressed support for congressional efforts to reform the Federal Housing Administration (FHA) but urged lawmakers to proceed in a cautious manner to avoid any disruptions to the nation's housing finance system.
Sales of newly built, single-family homes declined 4.6 percent to a seasonally adjusted annual rate of 411,000 units in February from a strong pace of 431,000 units in the previous month, according to newly released figures from HUD and the U.S. Census Department.
Following seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the National Association of Home Builders/First American Improving Markets Index (IMI), recently released .
During New Homes Month in April, the National Association of Home Builders (NAHB) is showing home buyers why they can afford a higher-priced home--if it's new construction.
Sales of newly built, single-family homes declined 4.6 percent to a seasonally adjusted annual rate of 411,000 units in February from a strong pace of 431,000 units in the previous month, according to newly released figures from HUD and the U.S. Census Department. Despite the slight decline, this is the second highest monthly total since April 2010 when the federal home buyer tax credit expired.
Jeffrey Tucker, president of Tucker Building & Design LLC in Wadsworth, Ohio, recently became the 5,000th graduate of the of the National Association of Home Builders' (NAHB) Certified Aging-in-Place Specialist (CAPS) program.
The nation's home builders recently called on Congress to move forward on bipartisan housing finance reform to ensure that affordable housing credit can be delivered through a competitive, efficient, sound and stable system that maintains the crucial element of a federal backstop for the mortgage market.
February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors.