NAHB Now
- NAHB Seeks Member Input on Modernizing the Mortgage Interest DeductionWith the 2017 tax cuts expiring at the end of 2025, one of NAHB’s key initiatives in the coming months will be fighting for our tax priorities as Congress addresses the upcoming tax cliff. NAHB will host five online listening sessions with the membership to discuss next year’s federal tax debate.
- More Builders are Saving Time and Money with Pre-Finished MillworkLike the move builders made years ago to pre-finished flooring and cabinetry, forward-thinking builders are applying the same approach to millwork. With pre-finished millwork, installation can happen later in the build process, eliminating steps that save builders time and reduce labor costs.
- IBS Registration Deals Extended Through Oct. 11NAHB is extending early registration deals for the 2025 NAHB International Builders’ Show® (IBS), taking place Feb. 25-27 in Las Vegas. Those who register by Friday, Oct. 11, can take advantage of special discounts.
- HBA Clay Shooting Events Help Support BUILD-PACJust weeks before the 2024 election, home builders associations across the country are continuing to raise funds for BUILD-PAC, NAHB’s political arm. The PAC, which supports the election of pro-housing and pro-building candidates for federal office, is on pace to reach its financial goals, securing more than $2.96 million so far in this election cycle.
- Heartland Helps Demolition Company Smash Through Payroll RoadblocksSee how a demolition company took a sledgehammer to their shoddy payroll provider and cut their processing time in half with Heartland, a featured partner of the NAHB Savings Program for NAHB members.
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Eye On Housing
- Strong Job Market in SeptemberThe September jobs report indicates that the U.S. labor market remains strong. Job growth accelerated, and the unemployment rate fell to a three-month low of 4.1%. Â Meanwhile, job growth for the previous two months (July and August) was upwardly revised. In September, wage growth accelerated for the second straight month. Wages grew at a 4.0%...
- Parking Garages for New Homes 2023In 2023, 66% of newly completed single-family homes featured two-car garages, according to NAHB’s analysis of the Census’s Survey of Construction data. This was the most common parking option across all Census divisions. By Census division, South Atlantic had the highest share of two-car garages at 72%. Three or more car garages were most popular in...
- State of Local Homeownership Prior to the ElectionWith housing being a key issue for the 2024 election cycle, it is worth analyzing distinct characteristics as well as similarities that housing markets in congressional districts share. The differences start with a substantial variation in homeownership rates across congressional districts. While the 2023 American Community Survey (ACS) reports that close to two thirds of...
- Two-Story Foyer Trend Declines in 2023In 2023, a quarter of new homes were built with a two-story foyer, down slightly from 26% in 2022, according to data obtained from the Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB. The market share of two-story foyers has been generally trending downward over the past seven years, with most new single-family...
- Refinancing Activity Continues to Climb in SeptemberThe Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, rose 18.4% month-over-month on a seasonally adjusted (SA) basis, driven primarily by a surge in refinancing activity. Compared to September 2023, the index increased by 47%. The Market Composite Index which includes the Purchase and Refinance...
