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  • Remodelers’ Confidence Holds Relatively Steady in Fourth Quarter January 17, 2019
    The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the fourth quarter of 2018, only one point lower than the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since […]
  • Lower Interest Rates Stabilize Builder Confidence January 16, 2019
    Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “The gradual decline in mortgage rates in recent weeks helped to sustain builder sentiment,” said NAHB Chairman Randy Noel, a custom home […]
  • NAHB Study Shows Nearly 130,000 Households Priced Out of Housing Market with Each $1,000 Price Increase January 8, 2019
    According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the […]
  • NAHB Urges Congress to Act on Housing Finance Reform December 21, 2018
    The National Association of Home Builders (NAHB) today commended House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for working with lawmakers across the political aisle to develop a legislative framework to move housing finance reform forward. “We support many aspects of the Bipartisan Housing Finance Reform Act of 2018, and are especially pleased that the […]
  • Statement from NAHB Chairman Randy Noel on First Step Act Being Signed into Law December 21, 2018
    Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement after President Trump signed the First Step Act into law: “NAHB commends the White House and Congress for working together to pass the First Step Act. This bipartisan bill backed by President […]

Building Connections Magazine

Building Connections is a HOBI – award winning monthly digital magazine produced and published by the Home Builders and Remodelers Association of Fairfield County. Inside you will find the latest association news, legislative updates, upcoming events, and featured articles about the industry.

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