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The @SBAgov is launching a streamlined application portal on Aug. 4 to allow borrowers with a #PPPloan of $150,000 or less to apply for loan forgiveness directly through the SBA instead of going through their participating lender.…
NAHB EOs: Come see @GMFleet at AMC in Minneapolis next week and learn about special member discounts on GM’s fleet of work vehicles as a part of NAHB Member Savings.… | #NAHBAMC
Incorporating water-conserving fixtures into homes along with other water-focused strategies can provide multiple benefits for builders and consumers alike. See how.…
FHFA announced that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie Mac who are subject to eviction for nonpayment of rent must be given 30 days’ notice to vacate before the tenant can be required to leave the unit.…
NAHB recognizes innovation and dedication throughout the industry with its awards programs, and deadlines for the Offsite Construction Awards (Aug. 12) and Best in American Living Awards (Aug. 27) are fast approaching. Don't miss your chance to enter at
NAHB has created a Heat Stress Safety Toolkit to help home builders mitigate the risks and exposure to heat on the jobsite. #heatwave…
Learn more about the H-2B and other U.S. work authorization programs by signing up for a free webinar on Aug. 4 at 2 p.m. ET.…
The share of prospective home buyers looking to buy a newly built home peaked at 42% in the fourth quarter of 2020, before falling to 38% and 33%, respectively, in the first two quarters of 2021.…
Celebrate one year of NAHB Connect, the NAHB members-only forum. This week: Post an introduction in the “Introduce Yourself” thread in the “All Member Forum.”… | #NAHBConnectTurns1
Special design elements and targeted amenities were key components to Epoque Golden being named the Multifamily Pillars of the Industry Awards' Best 55+ Multifamily Development. Apply to an NAHB awards program to put your project in the spotlight.…
#HurricaneSeason2021 officially began June 1, but it’s never too late to start job-site preparations. Builders Mutual provides some fundamental information to guide your thoughts and behaviors for taking action.…
The Biden administration has announced new loan modification options for borrowers who have government-backed home loans in order to help home owners who are still struggling to make their mortgage payments due to the #COVID19 pandemic.…
#NewHomeSales fell 6.6% in June to a 676,000 seasonally adjusted annual rate, according to newly released data by the @HUDgov and @uscensusbureau. The June number marks the lowest rate since April 2020.…
An additional point on inventory: Completed, ready-to-occupy inventory is down 44% year-over-year, to just 36,000 homes even as other inventory sources increase.
Retweeted by NAHB
June new home sales lower than expected, down 6.6% to 676K annual rate. Expect an upward revision for June data. Builders slowed sales to manage supply-side challenges, incl material delivery delays. For-sale inventory not started construction up 85% year-over-year. @NAHBhome
Retweeted by NAHB
Watch the NAHB Monday Morning Briefing for July 26, 2021, all the housing headlines you need in less than 60 seconds. Read the latest NAHB news at
Stucco was the most common principal exterior material on new single-family homes in 2020 at 28% of all homes started, followed by vinyl siding (26%), fiber cement siding (21%), and brick or brick veneer (19%). | #hometrends #realestate
The upcoming expiration of the eviction moratorium mandated by the CDC is putting a renewed emphasis on the resources available to renters and property owners to ensure those impacted by the COVID-19 pandemic are able to remain in their homes.
The Department of Energy and National Renewable Energy Laboratory recently rolled out a new permitting tool for #solar panels with a goal to instantly approve permits that comply with building codes and other solar-related specifications. | #greenbuilding
Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, increased 1.4% to a seasonally adjusted annual rate of 5.86 million in June. On a year-over-year basis, sales were 22.9% higher than a year ago. | #realestate
Mary Ng, Canada’s top trade official, expressed a strong willingness and desire to engage in negotiations with the U.S. on a new softwood #lumber trade agreement during a video conference meeting yesterday with NAHB CEO Jerry Howard and senior staff.
For 2021, the NAHB Global Innovation Awards program has been updated and expanded, adding new categories to recognize more cutting-edge, advanced and original products, services, homes, communities and champions of home building from around the world.
Your productivity is Dell's priority. We’re here for NAHB members when you need remote solutions to help employees get more done. | #Windows10Pro #NAHBsavings
The Department of Energy (DOE) today issued a positive determination that the 2021 International Energy Conservation Code (IECC) contains new requirements that result in an incremental increase in energy efficiency in residential buildings.
As the construction industry continues to grapple with labor shortages, NAHB is hosting a webinar on Aug. 4 to provide insight on how to navigate the complex world of U.S. immigration law to help meet your labor needs.
The median lot size of a new single-family home was 8,306 sq. ft. in 2020, just under 0.20 acres, up slightly from the lowest reading on record set in 2019. The share of smaller lots, under 0.16 acres, is now at a record high 39%. | #realestate
Before, during and after the pandemic, workers have faced increasing stress and pressure that threaten the wellbeing of the workforce. As a part of a federation-wide effort, NAHB has published two new resources for organizational mental health awareness.
NAHB CEO Jerry Howard was on Fox Business yesterday discussing the latest NAHB/Wells Fargo Housing Market Index economic indicator and the broader market for residential construction. Watch: | #supplychain
NPR's Marketplace yesterday featured NAHB Chair Chuck Fowke, Chief Economist Rob Dietz and the latest HMI reading, noting that it was in the “very optimistic” range, higher than any time before the pandemic, going all the way back to the mid-1980s.…
Total U.S. housing starts increased 6.3% in June to an annual rate of 1.643 million. Single-family home starts jumped 6.3% to an annual rate of 1.16 million. Home building permits fell again last month.… | #homebuilding #newhomes #realestate #economics
Want to join the NAHB Connect conversations but don't know where to begin? Follow our weekly guide and start linking up with your fellow members. This week: Upload a profile picture.… | #NAHBConnectTurns1
The price of #lumber on the future’s market has given up all of its gains for this year, falling by more than 50% in just the last few months. Home builders, home buyers and home owners looking to remodel, however, are not yet seeing savings.…
The Madison Area Builders Association recently held a groundbreaking ceremony for a new facility to train the next generation of home builders. NAHB CEO Jerry Howard, Boys and Girls Club of Dane County and other community leaders took part in the event.
Statement from NAHB after the @WhiteHouse #supplychain meeting Friday: "NAHB commends the White House for making this issue a top priority, and special thanks to Commerce Secretary Gina Raimondo, who has worked closely with NAHB on this matter [lumber]."…
Great story on ABC World News Tonight about a program that builds homes for veterans in N.C. started by the Home Builders Association of Raleigh-Wake County. Operation Coming Home just finished its 23rd home!…
Strong buyer demand helped to offset challenges related to building materials as builder confidence in the market for new single-family homes inched down one point in July in the NAHB/Wells Fargo Housing Market Index (#HMI). | #economics #realestate
Watch the NAHB Monday Morning Briefing for July 19, 2021, all the housing headlines you need in less than 60 seconds. Read the latest NAHB news at | #homebuilding #housingnews #realestate
to ease the costs of refinancing, the Federal Housing Finance Agency said that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee effective Aug. 1, 2021. The 50-point basis fee was designed to cover losses from the pandemic.
Have you joined NAHB Connect yet? We are celebrating the 1-year anniversary of the launch of NAHB Connect, a member-exclusive networking platform and virtual community. Learn more and join us!… #NAHBConnectTurns1
The White House will hold a meeting with representatives from across the home building industry on Friday as President Biden seeks to address a housing supply shortage that’s spurring a record increase in home prices.… | #supplychain #housingaffordability
Over the first five months of 2021, permits issued to build single-family homes increased 38.7% (to 483,878) over the same period in 2020. Multifamily permits grew 23.1%. All regions saw big growth, but the Northeast led in both categories. | #realestate
At NAHB's urging, @WhiteHouse is convening a meeting tomorrow to discuss failures in the home building materials supply chain. NAHB will join @CommerceGov @SecRaimondo, @HUDgov @SecFudge, Domestic Policy Advisor @AmbassadorRice and other key admin officials to discuss solutions.
NAHB Education hosts webinars on Wednesdays for members covering a wide range of important issues. This summer, hot topics like the labor shortage in construction, high-performance remodeling and much more will be covered.
The NAHB Remodeling Market Index (RMI) for Q2 2021 increased 14 points year-over-year to a strong reading of 87. The RMI reading is a signal of residential remodelers’ confidence in their local markets for projects of all sizes. | #remodeling #economics
Even as lumber prices decline, the spotlight on framing #lumber continues to crowd out the story of meteoric price increases for another wood product integral to the integrity of a building’s structure—oriented strand board (OSB). | #supplychain
Home builders are not out of the woods yet despite lumber futures prices plunging off historic highs. Builders have been unable to take advantage of the lower prices as producers are still selling lumber that was purchased when prices were at record highs.
NAHB CEO Jerry Howard testified before Congress today and called on lawmakers to enact key policy proposals that will help home builders to expand the housing supply, reduce the housing deficit and improve #housingaffordability for all Americans.
NAHB CEO Jerry Howard will be testifying at a House Ways & Means hearing today at 2 p.m. ET. The topic will be expanding housing access to all Americans. Watch on the committee's YouTube channel,…, or at…. | #housingaffordability
In June, consumer prices increased at the fastest pace in the past 13 years. The recent surge in #inflation mainly reflect increases in a few sectors influenced by the pandemic shutdown and rebounding demand as the economy fully reopens. | #economics
NAHB has published two new resources on key issues involving what's under a newly built home: The fill dirt used to level a lot and moisture seepage in basements. | #homebuilding #newhomes
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