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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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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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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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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At NAHB’s urging, Rep. Richard Hudson (R-N.C.) and Sen. John Barrasso (R-Wyo.) have introduced identical House and Senate bills – Protecting America’s Distribution Transformer Supply Chain Act – that would delay for five years any rulemaking on energy-efficiency standards for distribution transformers. “At a time when the home building industry is facing a severe shortage…
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