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Trump Signs Executive Order on Opportunity Zones
President Trump yesterday signed an executive order to spur more investment in opportunity zones, a new type of economic development incentive created by the Tax Cuts and Jobs Act of 2017.
Home Builders Recognized for Lobbying Clout
A prominent Capitol Hill publication recently listed NAHB among the most powerful and highly esteemed trade groups in Washington.
Farm Bill Contains Important Forestry Provisions
Congress has passed the 2018 farm bill that includes key forestry provisions to implement critical forest management reforms that will help improve the health of the nation’s forest system and reduce America’s reliance on foreign sources of timber.
Active Buyers Taking Their Time to Search for the Right Home
Active home buyers are taking their time to search for their dream home, according to the latest analysis from the Housing Trends Report, a research product created by the NAHB Economics team with the goal of measuring prospective home buyers’ perceptions about the availability and affordability of home for-sale in their markets.
Supreme Court to Hear Case Challenging Power of Federal Regulators
The U.S. Supreme Court on Dec. 10 agreed to hear a case that has widespread implications for how courts handle challenges to all agency regulations. The case, Kisor v. Wilkie, addresses the issue of whether courts should defer to an agency’s interpretation of its own regulations.
NAHB Raises Concerns on DHS “Public Charge” Rulemaking
NAHB expresses concerns that proposed changes to the Department of Homeland Security’s “public charge” rule could have unintended consequences for the housing industry.
Flood Insurance Program Extended Through Dec. 21
Congress has approved a short-term continuing resolution that will keep the National Flood Insurance Program running through Dec. 21.
U.S. and China Agree to Suspend Proposed Tariff Hike
The agreement between the United States and China to suspend a proposed Jan. 1 tariff boost to 25% on $200 billion worth of Chinese imports, including $10 billion of goods used by the home building industry, is a positive development for the home building industry.
Regulators Propose Expanding Appraisal Exemption on Home Sales
The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve have issued a proposed rule to raise the threshold from $250,000 to $400,000 on required appraisals for residential real estate transactions.
What’s the Average Number of Bathrooms in New Homes?
When it comes to new-home construction, a two-bath house is by far the most prevalent, according to the U.S. Census Bureau’s latest Survey of Construction report.