Tag Archives: National Association of Home Builders (NAHB)

U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.

The mortgage rate tipping point—the rate that will allow homeowners to move—has advanced above 5%, with a Zillow report finding those above this rate are nearly twice as likely to plan to sell their home than those with a rate below 5%.

The Housing Supply Expansion Act would reform a 1930s-era labor law by reducing labor costs and administrative burdens on residential construction contractors.

The bipartisan measure would cut taxes for middle-class homeowners by restoring and extending an expired tax deduction for home buyers with MI, as well as expanding the number of families eligible for the deduction.

U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing in February on the topic of “The State of Housing 2023” with three highly placed witnesses to give testimony to the committee addressing current challenges and forecasts of what to expect in real estate this year.

In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cut its mortgage insurance premium by helping increase wealth nationwide.

In the month of June, housing markets in the Western U.S. began to show signs of slowing, as S&P CoreLogic Case-Shiller data found a 1.9% overall month-over-month slide in the price of houses across the U.S.

HUD and the Census Bureau reported housing starts dipping 9.6% below their revised June estimate, as erratic mortgage rates, supply chain concerns, and high prices mount to create housing affordability challenges.

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

Industry experts took to Capitol Hill to discuss the state of the housing market and share their insights about how to create equitable housing opportunities for all, nationwide.