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A Pause for the Fed

By Robert Dietz on January 29, 2025 In a widely anticipated announcement, the Federal Reserve paused on rate cuts at the conclusion of its January meeting, holding the federal funds rate in the 4.25% to 4.5% range. The Fed will continue to reduce its balance sheet, including holdings of mortgage-backed securities. The Fed noted the…

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NAHB Seeks Clarification on Administration’s Temporary Pause for Federal Funds

The White House Office of Management and Budget (OMB) has ordered a temporary pause on many federal grants, loans or financial assistance programs effective on Tuesday, Jan. 28 at 5 p.m. ET. However, a federal judge has halted the White House Freeze on federal aid programs until at least Feb. 3. The OMB memorandum says this temporary…

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Podcast: Trump Kicks Off Second Term with Focus on Housing

On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez discuss President Donald Trump’s initial days in office as he kicked off his second term with a focus on housing. On his first day in office, Trump sent out an executive order that stated the need to fix housing — and…

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Judge pauses enforcement of new Lakewood development law

Justin Wingerter, Business Den January 22, 2025 A judge has barred Lakewood from enforcing a new ordinance on developers and has ordered the city to let a disputed apartment project move ahead to a planning hearing. Kairoi Residential, of Texas, seeks to build a 412-unit apartment complex on private property on the east side of…

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NAHB Commends President Trump’s Executive Order on Housing

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., issued the following statement after President Trump issued an executive order on housing relief: “NAHB commends President Trump for acting on day one to make housing a national priority by issuing an executive order that seeks to lower…

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Mike Rowe’s insights on solving the skilled labor crisis

The construction industry continues to battle a lack of skilled labor, persistent misperceptions about prosperity and opportunity, and an education system increasingly focused on traditional degrees. Meanwhile, millions of jobs that don’t require a college degree remain unfilled, even as student debt reaches record highs. This issue takes center stage in the latest episode of…

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CAHB Capitol Close Up

2025 General Assembly Session Kicks Off; Gov. Polis and House Speaker McCluskie call out Construction Litigation Reform in Opening Speeches This week marked the opening of the 2025 legislative session, with speeches from legislative leaders and Governor Polis’ State of the State speech. This session, we will once again be working to address construction litigation…

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The HBA Advocate Newsletter | January 7, 2025

January 7, 2025 In this edition: Commerce City Repeals Metropolitan District Moratorium Commerce City Issues Reimbursement Checks for Retroactive Impact Fee Payments Town of Erie Approves Increase to Water Tap Fees Commerce City Repeals Metropolitan District Moratorium  Yesterday evening, Commerce City Council voted to repeal the current moratorium on metro districts that had been in…

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2024 Home Building in Review: A Year of Careful Resilience

The 2024 residential construction market was marked by a mixture of cautious optimism and ongoing challenges. Single-family starts are seeing a slow yet steady recovery after the pandemic-driven slowdown, but the pace remains below historical norms. Housing affordability continues to be a significant concern, influenced by both the cost of construction and higher interest rates, which dampen…

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NAHB Eye On Housing – Examining Differences between Homeowner and Renter Wealth

With the end of 2024 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In March, Jing Fu compared homeowners and renters’ major assets, debt and net worth, as well as differences between age groups.  As examined in a previous post, homeownership plays an integral role in…

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