Last month, I attended NAHB’s midyear meeting in Miami and had the pleasure of sitting in on a presentation by Daniel Swift, president and CEO of Des Moines-based architecture group BSB Design.
Americans have shown continued interest in buying and owning homes. The demand for new homes is real. We need to keep focused on removing obstacles to homeownership. The new QM, when it emerges, should not impede the market further.
Snapshot of the rental market (in one giant infographic)
Apartment finder ForRent.com put together a detailed infographic breaking down the market for apartments and rental housing.
For the second straight quarter, Phoenix topped Realtor.com's Top Turnaround Tow
Phoenix, Oakland, Calif., and Boise, Idaho, are among the 10 housing markets that saw the biggest second-quarter improvement in both median list prices and for-sale inventories, according to data from Realtor.com.
NAHB: House, Senate deadlocked on tax extension proposals
The Senate on July 25 narrowly approved a Democratic proposal to extend the 2001 and 2003 tax cuts through 2013. A week later, the Republican-led House passed competing tax extension legislation. The votes essentially leave Congress deadlocked on this issue.
NAHB to Congress: Tread lightly when imposing mortgage lending reform
The National Association of Home Builders (NAHB) told Congress today that proposed mortgage lending reforms under the Dodd-Frank Act must be imposed in a manner that causes minimum disruption to the mortgage markets while ensuring consumer protections.
home building, construction spending, May, 2012, increase, residential
A 3 percent increase in residential construction spending in May pushed overall construction spending up 0.9 percent for the month, the largest jump since December 2011.
Conference Board, consumer confidence, index, June 2012, present conditions
The Conference Board Consumer Confidence Index, which had declined in May, fell further in June, according to data released Tuesday.
What ‘taxaggedon’ would mean for home builders
Economists at the National Association of Home Builders recently analyzed the impacts of the expiration of the Bush-era tax cuts (or “Taxaggedon,” as tax policy experts call it) on home builders, and the outlook is not bright.
Warren Buffett, Residential Capital, bid, mortgage company, bankrupt, optimism
Further supporting his belief that the U.S. housing market is headed for recovery, Berkshire Hathaway CEO Warren Buffett announced Monday the investment firm had put in a $3.85 billion bid for troubled mortgage company Residential Capital LLC.
10 hottest housing markets for first-time buyers
Fresno, Calif., and Camden, N.J., were among the top 10 housing markets for first-time home buyers in 2011, according to a new report from Inman News. See which other markets made the list.