Sales of newly built, single-family homes increased in June to a seasonally adjusted annual rate of 646,000 units — a 7% rise from May’s downwardly revised reading.
A final rule by the Rural Housing Service (RHS) published July 22 in the Federal Register will provide increased flexibility for the agency to facilitate and encourage single-close construction loans.
Job growth and lower mortgage rates are two positive economic variables that will support near-term growth for single-family construction.
Baby boomers say they will continue to work, retire later and want to stay in their homes. Enticing boomers who may be looking local for retirement to move from their existing home can be a hard sell. A community better suited to their ‘aspirational’ lifestyle, however, can be a compelling reason.
On July 9, EPA issued a final rule to revise the current dust-lead hazard standards for floors and window sills. This revision does not make any changes to the EPA lead-based paint renovation, repair and painting (RRP) rule.
Member-to-member recruitment and retention efforts are the largest source of growth for NAHB. Recruiting new members to local associations is recognized and rewarded through the Spike Club.
Housing affordability — a top priority for NAHB in 2019 — is a critical issue nationwide. Although there is no single solution to the affordability challenge, incentives can provide some relief.
People often wonder how the various generations like to communicate. Knowing each generation’s preferences can make a world of difference in business, especially when it comes to digital communication (or Netiquette).