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Building Camp Introduces Middle School Girls to the Trades

June 30, 2023 | Comments Off on Building Camp Introduces Middle School Girls to the Trades

The Baldwin County Home Builders Association (BCHBA) recently completed its first Baldwin Girls Build Camp to introduce local girls to opportunities in the home building industry. The concept for the Baldwin Girls Build Camp stemmed from the chartering of a Professional Women in Building (PWB) chapter at BCHBA in June 2022. “Those members wanted to get more…

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NAHB Urges for Immediate Guidance on WOTUS

June 30, 2023 | Comments Off on NAHB Urges for Immediate Guidance on WOTUS

NAHB Chairman Alicia Huey issued a letter this week to the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) requesting them to finalize a revised regulatory definition of “waters of the United States” (WOTUS) that clarifies the limits of federal jurisdiction under the Clean Water Act (CWA) consistent with the U.S. Supreme Court’s holdings…

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Despite a Cooling Housing Market, Home Prices and Rents Remain High

June 26, 2023 | Comments Off on Despite a Cooling Housing Market, Home Prices and Rents Remain High

The annual State of the Nation’s Housing report from the Harvard Joint Center for Housing Study (JCHS) highlights the growing housing affordability crisis, despite a slowdown in housing prices. “Rent growth slowed over the past year, and home prices declined in a number of areas,” said Daniel McCue, a JCHS senior research associate, in a press release. “Nonetheless,…

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House Passes Bill to Block New Fee Structure on Fannie-Freddie Home Loans

June 26, 2023 | Comments Off on House Passes Bill to Block New Fee Structure on Fannie-Freddie Home Loans

The House today passed the Middle Class Borrower Protection Act, legislation that would block the Federal Housing Finance Agency (FHFA) from implementing a new pricing framework for single-family home loans eligible for purchase by Fannie Mae and Freddie Mac that will lower mortgage fees for some borrowers and raise fees for others. The revised fees…

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Builder Confidence Moves into Positive Territory in June

June 19, 2023 | Comments Off on Builder Confidence Moves into Positive Territory in June

Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months. Builder confidence in the market for newly built single-family homes in June rose five points to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market…

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