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Remodeling Market Index Takes A Fall

The National Association of Home Builders (NAHB) issued a press release concerning the Remodeling Market Index (RMI) and revisions the NAHB have made after finding a computer error regarding the index. In the first quarter of 2012, remodeling activity remained relatively flat according to the NAHB, with a decrease of one point to 47 from [...]

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A Tale of Two Markets

The current housing market reflects conflicting reports on an almost daily basis. Many headlines claim a housing bottom has been reached, while others insist that we are nowhere near a bottom and the fog of a bad economy will haunt the real estate market for the foreseeable future. While all these claims are backed by [...]

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Numerous Housing Markets Improving

The country’s most improved metropolitan areas have been identified, though the Chicago housing market is not one of them. The National Association of Home Builders and First American Title Insurance Company have released the Improving Markets Index for April. The index showed improvement in 101 metropolitan areas. The Improving Markets Index (IMI) looks at three [...]

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NAHB Green Building Conference Worth the Trip

The nation continues to go green and home builders have been at the forefront of the changing times in order to sustain not only their businesses, but the environment as well. As the Chicago housing market becomes more proactive in using green technology and sustainable resources for building homes, an exciting new conference highlights the [...]

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Home Builders ask Congress for Certainty in Tax Code

The National Association of Home Builders (NAHB) called on Congress today with a earnest request: Simplify the tax code in order to help small businesses. Small businesses are the backbone of the economy by being the largest creator of jobs. The majority of the residential construction sector is made up of small businesses. These businesses [...]