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Tag Archives: NAHB

Builder Confidence Jumps in June

The National Association of Home Builders' (NAHB) Housing Market Index (HMI), released Monday in collaboration with Wells Fargo, registered 49 this month, up from 45 in May. A value below 50 indicates more builders view market conditions as "poor" rather than "good." Despite falling one point short of the benchmark, the moderate uptick in sentiment "is a welcome sign and shows some renewed confidence in the industry," said NAHB chairman Kevin Kelly.

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NAHB Index: More Metros Return to Normal Housing Activity

The First American Leading Markets Index (LMI) , a report released Thursday by the National Association of Home Builders showed that 56 of approximately 350 metro markets nationwide have returned to or exceeded their last normal levels of economic and housing activity, as recorded before the recession. This is nine more metros than a year ago, suggesting that even though the lion's share of metros in the U.S. are still underperforming, more are coming back to stable ground.

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First Quarter Housing Affordability Edges Higher

A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and existing homes sold between January through March were affordable to families.

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Economic Index Finds Markets Continue to Improve

In a nationwide analysis of 351 metros, the National Association of Home Builders (NAHB) found 300 have seen year-over-year economic gains. According to the group's Leading Markets Index (LMI), 59 metros have fully returned or even exceeded their last normal levels of both economic and housing activity.

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NAHB: 2014 to be a Strong Year for Housing

With the spring buying season in the housing market right around the corner and stronger employment numbers reported, confidence is gaining that economic recovery is right around the corner. The National Association of Home Builders (NAHB) found 59 of the 350 metro markets examined have returned to or exceeded their last normal levels of economic and housing activity.

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Mixed Attitudes Reported from Builders Nationwide

The National Association of Home Builders (NAHB) revealed in its latest Housing Market Index (HMI) that after falling in February to the lowest level in nearly a year, builder confidence barely moved in March. The index nudged up one point this month, landing on a reading of 47—still a few points shy of the 50 benchmark that separates a market largely perceived as "bad" from one perceived as "good."

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Senate Passes Flood Insurance Bill

The United States Senate passed the Homeowner Flood Insurance Affordability Act of 2014, a bill aimed at protecting millions of homeowners from being hit by huge flood insurance premium hikes. The bill, H.R. 3370, passed with a 72-22 vote in the Senate, after previously being passed in the House of Representatives on March 4.

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Economy Functioning at 87% of Pre-Crisis Levels

A report released this week by the National Association of Home Builders (NAHB) and First American’s Leading Markets Index showed that the economy and housing market are functioning at a level about 87 percent of their pre-crisis normal levels. The report measures metro markets based on housing permits, home prices, and employment.

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New Homes Grow Larger – But Who’s Buying Them?

New Homes

According to a report issued by the National Association of Home Builders (NAHB), the average size of a new home is increasing, and the population of buyers may be the main reason for the average home's expanding size. Data culled from the Census Bureau and presented at NAHB's International Builder's Show in Las Vegas showed some interesting trends in new home production.

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