Now, it's no secret that this year has been extremely hard on everyone. It's always good to look back and reflect on how we could make it better for the community around us. We at the HBA of Dayton wanted to help you find ways to spread the holiday cheer this year. Here are a few things you can do to help those in need. FOOD DRIVES The Food Bank The Foodbank brings food, comfort and hope...
NAHB Severe weather and tornadoes swept across the central United States Dec. 10-11, causing extreme damage to communities. The worst recorded tornado, known as the “Quad-State Tornado,” left a trail of destruction nearly 250 miles long across Arkansas, Missouri, Tennessee and Kentucky. In response, NAHB is working closely with state and local home builders associations in the region to meet the...
NAHB The Federal Reserve on Dec. 15 signaled that it will be shifting from an accommodative monetary policy stance that has supported the economic rebound from the 2020 recession toward a tighter policy as a direct result of ongoing, elevated inflation data. For the housing community, this policy pivot means that mortgage interest rates are likely to rise in 2022. This will reduce housing...
NAHB Despite inflation concerns and ongoing production bottlenecks, home builder confidence edged higher for the fourth consecutive month on strong consumer demand and limited existing inventory. Builder sentiment in the market for newly-built single-family homes moved one point higher to 84 in December, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. This ties the...
NAHB The Commerce Department on Nov. 24 moved forward with its next administrative review to double the tariffs on Canadian lumber shipments into the U.S. from 9% to 18%. NAHB strongly opposed this move as it will only exacerbate market volatility, put upward pressure on lumber prices and make housing more expensive. We need your help to get Congress involved. Please call or write your...
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