NAHB Now
- Pro Builder Spotlights the Industry’s Next Generation of LeadersIn its latest issue, Pro Builder — the official media partner of NAHB — released its Forty under 40 Class of 2024 list. Check out the NAHB members who were recognized.
- NAHB Joins Coalition to Take Legal Action Against Gas Bans in Washington, D.C. and Montgomery County, MarylandNAHB joins coalition of business and industry groups to file dual lawsuits in Washington, D.C. and Montgomery County, Maryland, challenging the gas bans on new construction set to take effect in 2026 in both jurisdictions. This legal action is necessary to protect the right of customers to choose the affordable, reliable energy sources that meet […]
- NAHB Members Take Home Top EPA AwardsThe Environmental Protection Agency (EPA) recently announced the winners of the Indoor AirPLUS Leader Awards and the Zero Energy Ready Home (ZERH) Housing Innovation Awards. NAHB members dominated the awards presented during the Energy and Environmental Building Alliance (EEBA) High Performance Home Summit in Salt Lake City, Utah.
- Young Professionals Recruitment Program Helps Fuel Membership GrowthSince launching at the beginning of 2024, NAHB's Young Professionals Recruitment Program has continually helped attract even more industry pros into joining the Federation. The pilot program was implemented at 14 different home builders associations (HBAs) across the country to offer discounted membership prices for new young professionals (member ages 45 or younger).
- Freestanding Pergolas: The Modern Must-Have AdditionSurging demand for outdoor-living structures presents a golden opportunity for builders to cater to home owners' desire for personalized, outdoor retreats. Freestanding aluminum pergolas are quickly becoming a must-have addition for modern outdoor living spaces.
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Eye On Housing
- State Level Employment Situation: September 2024Nonfarm payroll employment increased in 41 states and the District of Columbia in September compared to the previous month, while eight states saw a decrease. Nevada reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 254,000 in September, following a gain of 159,000 jobs in August. On...
- Travel Time to Work Across Congressional DistrictsNationally, nearly 140 million people in the United States routinely commuted to work, according to NAHB analysis of the 2023 American Community Survey data. Among these people, approximately 23.8 million people spent more than 90 minutes each day going to and from their place of employment, and nearly 12.5 million commuters traveled at least 120...
- Minority Homeownership by Congressional DistrictHomeownership is an important voter issue for the upcoming election with both presidential candidates putting forth housing policies to tackle the housing affordability crisis. In a recent NAHB post, the national homeownership rate sat at 65%, but there are large disparities in homeownership when broken down by race. For Black/African American households, the homeownership rate...
- Residential Clean Energy Credit UsageNearly 1.3 million tax returns filed for tax year 2023 utilized the Residential Clean Energy Credit (25D tax credit), according to the latest IRS clean energy tax credit statistics. Through May 23rd of the 2024 tax filing season for 2023 returns, almost 138 million tax returns had been filed with the IRS, which indicates that...
- Single-Family Starts Trend Higher in SeptemberWith the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a modest gain in September while multifamily construction continued to weaken because of tight financing and an ongoing rise in completed apartments. Overall housing starts decreased 0.5% in September to a seasonally adjusted annual rate of 1.35 million...
