RSS Eye On Housing

  • 2018 Third Quarter Mortgage Originations Grow from Prior Quarter January 18, 2019
    Household Debt and Credit reports, released by the Federal Reserve Bank of New York, show that mortgage balances, which make up the majority of household debt, increased by $141 billion in the third quarter of 2018 from the previous quarter to reach an outstanding amount of $9.14 trillion. They also show that mortgage originations increased […]
  • Remodelers’ Confidence Holds Relatively Steady in Fourth Quarter January 17, 2019
    The Remodeling Market Index (RMI) dropped one point to 57 in the fourth quarter, essentially unchanged from the third quarter (58), according to the National Association of Home Builders (Figure 1). Since the first quarter of 2013, the RMI has been at or above 50, which means that more remodelers report that market activity is […]

RSS NAHB Now | The News Blog of the National Association of Home Builders

  • Can’t-Miss Events for Young Building Pros at IBS January 18, 2019
    NAHB’s International Builders' Show is the premier event for those in the residential construction business — especially for the thousands of young building professionals who are the future of the industry.
  • DHS Blocks Certain Foreign Nationals from H-2B Visas January 18, 2019
    The Department of Homeland Security (DHS) has announced that residents of the Dominican Republic, Ethiopia and the Philippines will no longer be able to enter the U.S. on temporary work visas. The decision could affect builders who utilize H-2B programs, which give visas to seasonal workers in construction and other industries.
  • At NAHB’s Urging, IRS to Waive 2018 Withholding Penalties for Most Filers January 17, 2019
    The Internal Revenue Service (IRS) has announced that it is waiving the tax penalty for many home builders and other small businesses that pay estimated quarterly taxes but whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the year.

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