Tag: Washington DC

New home sales inch higher in December but market weakness remains

While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put...

Industry associations response to White House Renters Plan

NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued...

Housing groups file legal challenge to new WOTUS rule

NMHC joined 16 other housing groups, infrastructure and agricultural organizations, among others, in filing suit yesterday to challenge the recently released Waters of the U.S....

Remodeling market sentiment weakened in fourth quarter but remains positive

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66,...
Ronda Puryear

Ronda Puryear named 2023 NAA Chair

Ronda Puryear, CAM, CPM, Management Services Corporation, has begun her term as 2023 National Apartment Association (NAA) Chair. She will be the fourth woman...

New EPA rules will discourage critically needed housing production

The National Apartment Association and the National Multifamily Housing Council express their disappointment in a regulation the EPA issued re-defining and expanding what “waters of...

November new home sales up as interest rates fall back

While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply...

Single-family production continues to sag, multifamily permits weakening

Single-family housing starts continued to fall in November, with the pace of construction down 32 percent since February when mortgage rates began to rise....

Construction delays and high costs persist, but conditions may begin to improve

The December edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity found small improvements in terms of the share of respondents...

Reflecting a weakening housing market, builder confidence declined every month in 2022

High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder...

Single-Family construction slows in post-Covid hot markets

The big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban...
The Avant

Trophy Northern Virginia multihousing community trades for $141 million

JLL Capital Markets announced that the $141 million sale of The Avant, a 359-unit, trophy multihousing community located in Reston, Virginia, has closed. JLL represented...

Multifamily developer confidence declines significantly in the Third Quarter

The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates,...

Single-family housing contraction continues in October

Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as...
Angel Baltimore

Angel Baltimore joins NAA as senior vice president, information technology

The National Apartment Association (NAA) welcomed Angel Baltimore as the new Senior Vice President, Information Technology. Baltimore brings vast technology and leadership experience to NAA....

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