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News

NAHB launches consumer site on mortgage deduction debate

NAHB has launched a newly-designed consumer-oriented website, www.SaveMyMortgageInterestDeduction.com, to provide up-to-date information on the threat to the mortgage interest deduction. The site contains fact sheets, frequently asked questions, statistics, and other information to allow consumers to stay informed as debate on the mortgage interest deduction moves forward.

Employee feedback means money for remodelers

Face it, with 10 percent unemployment, improving employee morale, or even measuring it, is not high on your priority list. But in a recent survey of workers by CareerBuilder.com, 33 percent say they dislike their current job and will begin looking for a new one when the economy begins to ease.

Census Bureau: U.S. construction spending on the rise

Construction spending rose slightly in November, increasing to a seasonally adjusted rate of $810.2 billion, according to Census Bureau data. The rate is 0.4 percent higher than the revised October rate of $806.7 billion. Construction spending for the first 11 months of 2010 totaled $753.9 billion, 10.6 percent less than the same period in 2009.

Finding and keeping a good remodeling sales team

More than ever, it’s important to build a good sales team. Professional Remodeler’s Jud Motsenbocker talked to Charlie Gindele and Andy Wells about how they do it.

NAR report: Pending home sales continue to increase

The National Association of Realtor’s (NAR) Pending Home Sales Index continued to increase in November, rising 3.5 percent since October.

S&P/Case-Shiller report: Home prices continue to decline

U.S. home prices declined in October as the growth rate continues to decelerate, according to the S&P/Case-Shiller Home Price Indices report released today. Each of the 20 metropolitan areas measured showed declines between September and October. Only the 10-city composite and four metropolitan areas showed increases over October 2009.

Government struggles to decide on Fannie and Freddie's future

The future of mortgage giants Fannie Mae and Freddie Mac hang in the balance as the federal government struggles to determine whether it should continue to guarantee mortgages after the market stabilizes.

U.S. home prices rise in October

Homes prices across the U.S. rose between September and October, although prices remain lower than in October 2009.

2011 Kitchen/bath trends: Fusion of contemporary and traditional

Today’s homeowners want everything from their kitchens and baths – pampering comfort, useful features and dazzling design

Existing home sales at best pace since June

Existing home sales were up again in November, hitting their highest level since the expiration of the tax credit in June. At an annual pace of 4.68 million, sales were up 5.6 percent from October's 4.43 million, according to the National Association of Realtors.

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