mechanical's Latest Posts
How Housing Can Send a Powerful Message to Congress
Members looking to deliver the industry’s priorities to Congress should attend the most important grassroots event of the year: the 2019 Legislative Conference. A strong builder turnout on June 5 will send a powerful message to members of Congress that housing must remain a top national priority.
Getting to the Bottom Line: How Much Do Remodelers Make?
NAHB is currently surveying all of its remodeler members to provide them with reliable benchmarks on the profitability of the remodeling business. Remodelers can use this data to compare their business to others, pinpoint improvement opportunities and set budget targets.
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since November 2017.
NAHB Podcast Offers New Insights on Housing Economics
On this week’s episode of Housing Developments, NAHB Chief Economist Robert Dietz shares his 2019 economic forecast for the industry and what the recent change in the NAHB/Wells Fargo Housing Market Index means for builders.
NAHB CEO Jerry Howard and guest host Paul Lopez, VP of Communications & Public Affairs, also discuss Mark Calabria’s confirmation as director of the Federal Housing Finance Agency, housing finance reform and the state of the labor force.
Housing Starts Decline in March
Despite signs of stabilizing confidence in the marketplace, housing affordability continues to be a concern as the pace of housing construction weakened last month.
Remodelers’ Confidence Falls Three Points in First Quarter
NAHB’s Remodeling Market Index (RMI) posted a reading of 54 in the first quarter of 2019, falling three points from the previous quarter. The RMI has been consistently above 50 — indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower — since the second quarter of 2013. The overall RMI averages current remodeling activity and future indicators.
NAHB Supports Proposed WOTUS Rule, Seeks Key Clarifications
NAHB submitted comments on April 15 to the Environmental Protection Agency (EPA) and Army Corps of Engineers (Corps) in response to the Trump administration’s proposed definition of “waters of the United States.”
Builder Confidence Edges Higher in April
Builder confidence in the market for newly-built single-family homes rose one point to 63 in April, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held in the low 60s for the past three months.
Momentum Builds for Housing Finance Reform Plan With Proper Federal Support
NAHB continues to play a pivotal role in the housing finance reform debate, as CEO Jerry Howard attended today’s swearing-in ceremony of Mark Calabria as the new director of the Federal Housing Finance Agency. The Wall Street Journal today also published an NAHB letter to the editor that shows why a proper level of federal support is needed for the nation’s mortgage markets.
Purchase Your Copy of ‘Around Our Table’ Cookbook
The second edition of NAHB’s Building an Appetite cookbook series, Around Our Table, is now available to order online for $25. The latest version showcases the culinary talents of our members and staff.