News & Events
- Biden WOTUS Rule in Effect in 48 States
The Biden administration’s new “waters of the United States” (WOTUS) rule is now in effect in 48 states across the nation. As a result, developers seeking Clean Water Act jurisdictional determinations or permits are now regulated by this […]
- Conn. HBA Wins Initial Victory in Rent Control Battle — But the Fight Is Just Beginning
The Connecticut legislature introduced H.B. 6588 in January to cap annual rent increases at 4% and ban no-cause evictions. After seeing the grassroots efforts in support of this rent control bill, it became quickly apparent that action was needed to […]
- Delaware Builder Becomes First Female to Receive Custom Builder of the Year Award
March is Women’s History Month, but it was last month when one of NAHB’s female members made history of her own. During the 2023 Builders’ Show in Las Vegas, Marnie Oursler, president of Marnie Custom Homes, became the first female to receive […]
- Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022
The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal adjusted annual rate) after climbing 6.7% (SAAR) in the third quarter according to the Federal Reserve’s latest G.19 Consumer Credit report. Revolving debt—which consists primarily of credit card debt—increased at a 12.0% rate, as the level of nonrevolving debt (excluding real
- Mortgage Activity Increases after Dip in Rates
Per the Mortgage Bankers Association’s (MBA) survey through the week ending February 3rd, total mortgage activity increased 7.4% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell one basis point to 6.18%. The FRM rate has fallen around 100 basis points since October of 2022. The Market Composite Index, a measure
- Age of Housing Stock by State
According to the latest data from the 2021 American Community Survey (ACS), the median age of owner-occupied homes was 40 years. The age of the housing stock is an important remodeling market indicator. Older houses are less energy-efficient than new construction and ultimately will require remodeling and renovation in the future. Moreover, as people use