January 14, 2001 |
Reflecting builders' increased concern about the market for single-family homes, the National Assn. of Home Builders' Housing Market Index (HMI) fell eight points to 57 in December. "Given the recent decline in consumer confidence, along with stock market volatility and rising energy costs, home builders appeared less confident about the market for new homes, despite declining mortgage interest rates," said Robert Mitchell, NAHB president and a home builder from Rockville, Md.
June 28, 1987
Remodeling projects completed after Jan. 1, 1986, are eligible for entry in Renaissance '87, the fifth annual national awards program of the Remodelors Council of the National Assn. of Home Builders. The deadline is Aug. 31. Winners will be announced in the January, 1988, issue of Remodeling magazine and awards will be presented at the Dallas convention of the NAHB. The entry fee is $125 for members of the builder group and $195 for non-members.
January 17, 2008 |
U.S. home builder sentiment hovered just above a record low in January as a glut in houses for sale and tight lending conditions continued to depress the market, the National Assn. of Home Builders said. The NAHB/Wells Fargo housing market index rose 1 point to 19 in January, the group said. The December level was revised lower by 1 point to 18, the lowest since the survey began in January 1985, it said. Readings below 50 mean more builders view market conditions as poor than favorable.
January 27, 1986 |
Builders expect a growing number of their customers in the next five years to be over 65 or homeowners buying newer, larger houses, according to a survey of delegates attending the National Assn. of Home Builders' annual convention here. Young, first-time buyers, who once bought most of the houses constructed by many builders, are being crowded out of the market by higher costs and tighter standards for getting mortgages, NAHB members said.
July 9, 2000
The construction of 100 single-family homes and 100 multifamily homes in a typical metropolitan area benefits the local economy with new income, jobs, government revenues and property taxes: *--* Initial Year Impact SINGLE-FAMILY MULTI-FAMILY Local income* $10,755,000 $5,234,000 Local full-time jobs 257 122 Local taxes** $ 1,159,000 $ 579,000 *--* *--* Ongoing Annual Impact Local income* $ 2,915,000 $ 1,798,000 Local full-time jobs 75 46 Local taxes** $ 472,000 $ 308,000 Residential property
August 27, 1989
The steady growth of residential remodeling continued during the first quarter of 1989 with a seasonally adjusted annual expenditure rate of $98.5 billion. Kenneth Klein, chairman of the NAHB Remodelors Council of the National Assn. of Home Builders, said the figures mark a 3.1% improvement over the previous quarter and a 5.8% jump over the first quarter of 1988. Most of the increase in activity, he said, came in the area of repairs and maintenance, which rose 6.3% from the previous quarter.
April 8, 1990 |
This is a city rife with special interest groups. There are lobbyists representing the peanut industry, Alaskan loggers, smokeless tobacco, chocolate, locksmiths, Pizza Hut, the government of Togo, Reebok sneakers, Toshiba Corp. and prescription footwear. Now the National Assn. of Home Builders (NAHB) is trying to organize a new voice in Washington--Homeowners of America--to represent the nation's 62 million homeowners. The group is still being formed.
March 18, 2013 |
Current builder confidence in the market for new homes fell this month, according to a survey by the National Assn. of Home Builders, which said demand was not the problem. The NAHB/Wells Fargo Housing Market Index, released Monday, blamed a limited supply of ready-to-build-lots, rising materials and labor costs, along with the tougher credit and appraisal standards that prevail in the aftermath of the financial crisis. Quiz: How much do you know about mortgages? The survey touched on builders' frustrations at a time when Americans are feeling more confident about the economy and housing. "Many of our members are reporting increased demand for new homes in their markets,” said NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. Despite the current dissatisfaction, the longer-term picture is improving, the group said.
April 22, 2001 |
Rising energy costs won't preclude people from building larger homes, according to a recent study from the National Assn. of Home Builders. The study, "The Next Decade for Housing," predicts that the typical new home a decade from now will be 2,200 square feet or larger, up from today's 2,100 square feet. However, the typical lot size is expected to shrink by more than 1,000 square feet from today's standard.
December 29, 1998 |
Americans are expected to buy fewer newly built homes next year, according to the National Assn. of Home Builders. The trade group projects that 781,000 new single-family homes will be sold in 1999. That's down from the 870,000 homes projected for this year, a record high. According to the group, the 1998 new-home market benefited from low interest rates, a strong job market and high consumer confidence.