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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingExpiring Provisions of the Tax Cuts and Jobs ActFriday June 15th, 2018 09:06:44 PM
The Tax Cuts and Jobs Act (TCJA) added numerous temporary provisions to the tax code. Temporary tax law can be difficult to track and compliance can be expensive. Earlier this year, the Joint Committee on Taxation released a guide to expiring tax provisions, sorted by year of expiration. The table below shows how many items in the tax code will… Read More ›
Regulation: Over 30 Percent of the Cost of a Multifamily DevelopmentThursday June 14th, 2018 05:30:44 PM
Regulation imposed by all levels of government (whether local, state or federal) accounts for 32.1 percent of the cost of an average multifamily development, according to a new study conducted jointly by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC). The study is based primarily on a survey of multifamily developers from both organizations. The results… Read More ›
Softwood Lumber and OSB Lead Price Increases in MayWednesday June 13th, 2018 09:46:59 PM
The prices of building materials generally increased in May, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Softwood lumber (+6.4%) led the way, followed by oriented strand board (+4.7%, not seasonally adjusted). The indexes for ready-mix concrete (-0.1%) and gypsum products (-2.6%) both declined, but the aggregate index for goods inputs to residential… Read More ›
Fed Raises Target Range, Communicates More Hikes in ’18 but Fewer in ‘20Wednesday June 13th, 2018 08:59:04 PM
As was widely expected, the Federal Open Markets Committee (FOMC), the monetary policy making arm of the Federal Reserve, raised the target federal funds rate to a range of 1.75 percent to 2.00 percent from a range of 1.5 percent to 1.75 percent. Going forward, the median projection of the federal funds rate at the end of this year rose,… Read More ›
Consumer Prices RiseWednesday June 13th, 2018 02:00:16 PM
The Bureau of Labor Statistics (BLS) reported that consumer inflation rose by 0.2 percent in May, similar to its growth rate in April. Both food and energy prices decelerated over the month, but the slowdown in these items was offset by an acceleration in core CPI to 0.2 percent, from 0.1 percent in April. Over the year, headline inflation climbed… Read More ›
CNN – Real Estate NewsWhy West Coast home prices are surgingWednesday June 13th, 2018 04:06:10 PM
The hottest markets are in the West, and it’s creating an affordability issue.
What to spend money on (and what to DIY) as a new homeownerTuesday June 5th, 2018 02:47:35 PM
Angie Hicks, co-founder of Angie’s List, talks about how to keep your costs in check as a new homeowner.
What will your monthly mortgage payment be?Monday February 2nd, 2015 03:53:13 PM
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
He made $400,000 flipping a houseTuesday June 5th, 2018 04:05:06 PM
Read full story for latest details.
How to save $9,000 on your mortgageFriday May 25th, 2018 04:59:13 PM
Read full story for latest details.
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