Items Tagged with 'NAHB'

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Major trade groups urge Congress to renew two major homeowner tax provisions

Set to expire end of 2016
At the end of each year, Congress gets a massive pile of tax provisions that need to be renewed. This year two of the biggest tax provisions at the top of Congress’ pile impact housing and homeowners, especially first-time homebuyers. This year both provisions were projected to reduce federal revenue by $7.5 billion. Will next year be the same?
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Labor shortages dent Lennar earnings

Hampers forecasts for rest of homebuilders
As one of the first to posts its third-quarter results, homebuilder Lennar’s tough quarter shed light on what will likely unfold for its rivals as well. The big item weighing on the builder’s earnings: Labor shortages.
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Donald Trump talks housing (and everything else) in speech to homebuilders

Republican nominee plays to the crowd, touches on housing and homebuilding
Republican presidential nominee Donald Trump spoke Thursday to the National Association of Home Builders. And in a wide-ranging speech that touched on the Iraq War, the current political climate in the Middle East, and much more, Trump doubled down on his claim that Democratic nominee Hillary Clinton and President Obama are the "founders of ISIS." He even managed to mix in some housing talk as well.
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Homebuilder confidence holds steady in July

Confidence fell one point, but still in a positive range
“For the past six months, builder confidence has remained in a relatively narrow positive range that is consistent with the ongoing gradual housing recovery that is underway,” said NAHB Chairman Ed Brady. “However, we are still hearing reports from our members of scattered softness in some markets, due largely to regulatory constraints and shortages of lots and labor."
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Homebuilder confidence hits 10-year high, again

Homebuilders haven’t been this confident since before the housing crisis
The nation’s homebuilders’ confidence in the market for newly constructed single-family homes continued rising in October, to a level not seen since before the housing crisis began. Here's why they're so confident right now.
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Homebuilder confidence continues to hit 10-year high

Index suggests high rental prices pushing buyers into market
Optimism among the nation's homebuilders continues to grow as confidence in the market for newly constructed single-family homes maintained its steady rise in September. And it doesn't stop there, potential borrowers are eyeing the market again thanks to these new factors.
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Rising home, construction prices knock a dent in affordability in 2Q

Just 63.2% of new, existing homes affordable to those with median income
Firming home prices in many housing markets resulted in a modest drop in nationwide housing affordability in the second quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. Will this continue and what does it mean?
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Homebuilder confidence hits 2015 high in June

NAHB: New home construction, sales picking up momentum
Builder confidence in the market for newly built, single-family homes in June rose five points to a level of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index released Monday. What does it mean for you?
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