NAHB Now
- NAHB to Host Shop Talk on NAR LawsuitsThe class-action lawsuits filed against the National Association of Realtors (NAR) and other large real estate companies nationwide have been the subject of national media coverage for the past several months. NAHB will host a Shop Talk on Tuesday, April 30, at 3 p.m. ET to discuss the proposed settlement.
- HUD Releases New Federal Flood Risk Management StandardThe Department of Housing and Urban Development (HUD) has published a final rule in the Federal Register that revises HUD’s regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard (FFRMS). The regulation is effective May 23, 2024.
- Statement from NAHB Chairman Carl Harris on HUD’s New Federal Flood Risk Management Standards RuleNAHB Chairman Carl Harris issued a statement on the Department of Housing and Urban Development’s (HUD) final rule that revises HUD’s regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard (FFRMS).
- Despite Higher Mortgage Rates, New Home Sales Post Solid Gain in MarchSales of newly built, single-family homes in March rose 8.8% to a 693,000 seasonally adjusted annual rate from a downwardly revised reading in February, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in March is up 8.3% from […]
- How to Access the Best of IBS 2024 EducationThe Best of IBS Education video series is a 12-video library that includes some of the most well-attended and highly rated sessions from among the 100-plus offered at IBS 2024.
Upcoming Meetings & Events
New Members
Eye On Housing
- Despite Higher Mortgage Rates, New Home Sales Post Solid Gain in MarchDespite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate sales and increase the use of builder sales incentives this...
- Census Analysis Shows Undercount of Youngest Population in 2020Based on new demographic analysis of 2020 Census population counts, the Census Bureau estimates that children between the ages of 0 to 4 were undercounted by over one million. This age range is historically undercounted in the population surveys but with the addition of conducting the decennial census in the midst of a pandemic, the...
- Green Building: Resiliency PracticesGreen homes go beyond lessening their environmental impact; they also actively mitigate the effects of the environment upon them. All homes can face damage from environmental hazards, prompting builders to implement resiliency practices to reduce such risks. This post will detail the prevalence of resiliency building, specific practices by hazard, as well as resiliency certification...
- Buyer Preference for a Detached Home Remains StrongA recent NAHB study on home buyer preferences* found that a single-family detached home remains the first purchase option for two of every three buyers. Far smaller shares are looking to buy a townhome (16%), a multifamily home (10%), or a manufactured home (5%). In the face of such strong preference for a detached home,...
- State Level Employment Situation: March 2024Nonfarm payroll employment increased in 44 states in March compared to the previous month, while six states and the District of Columbia saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 303,000 in March, following a gain of 270,000 jobs in February. On a month-over-month basis, employment...
