FOR IMMEDIATE RELEASE
Contact: Paul Lopez
202-266-8409
plopez@nahb.org
www.nahb.org
Media Availability: NAHB CEO Available to Comment on Fiscal Cliff Discussions and the Mortgage Interest Deduction
WASHINGTON, Nov. 29--As Congress and the White House contemplate the fiscal cliff and potential tax ramifications going forward, the mortgage interest deduction has been among the discussions of deductions at risk.
NAHB CEO Jerry Howard is available today to discuss the fate of the mortgage interest deduction and how any changes could result in a chill on the fragile housing recovery.
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Thursday, November 29, 2012
Tuesday, November 20, 2012
International Builders' Show Kicks off with Keynote from Former Walt Disney Company Leader Michael Eisner
International Builders' Show Kicks off with Keynote from Former Walt Disney Company Leader Michael Eisner
WASHINGTON, Nov. 15--Legendary entertainment industry leader, Michael Eisner was announced today as the keynote speaker for the 2013 NAHB International Builders Show® (IBS), the housing industry's largest annual trade show and exhibition. The show, held Jan. 22-24 at the Las Vegas Convention Center will play host to professionals representing all facets of the housing industry from around the world. Eisner will address attendees on Jan. 22, during the IBS Opening Ceremonies.
"The Opening Ceremonies always provides an impressive lineup of speakers and entertainment, and this year is no exception," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. "We look forward to hearing the inspirational words of former Disney leader Michael Eisner, followed by a comedic performance of the Capitol Steps."
Eisner, who served as the Chairman and CEO of The Walt Disney Company for twenty-one years, is recognized for having revitalized and reinvented the company into a full spectrum entertainment enterprise. Under his leadership, the company began implementation of a continuing series of creative growth strategies that resulted in its annual revenues rising from $1.7 billion to more than $30 billion. Michael Eisner continues to be an entertainment innovator to this day. His investment company Tornante launched Vuguru, a studio producing original programming for the Internet, portable media devices and cell phones.
Drawing from his vast experience as both a Fortune 500 CEO and an entrepreneur, his remarks will motivate corporate innovation and teamwork.
Closing out the Opening Ceremonies will be a performance by famed political satire group, the Capitol Steps. Created in December 1981, the Steps began as a group of senate staffers who used the headlines of the day to create song parodies and skits that conveyed a special brand of satirical humor.
Since they began, the Capitol Steps have recorded more than 30 albums and have been featured on numerous major television networks. Although not all of the current members of the Steps are former Capitol Hill staffers, taken together the performers have worked in a total of eighteen Congressional offices, and represent 62 years of collective House and Senate staff experience.
The IBS Opening Ceremonies is open to all registered attendees. Doors open at 7:00 a.m. and limited general seating is available on a first come, first served basis.
The 2013 NAHB International Builders' Show is not open to the general public. Building industry professionals and their affiliates throughout the housing trades may register by visiting the show's Web Site at www.BuildersShow.com.
[EDITOR'S NOTE: Complimentary registration is available to credentialed members of the working press. Visit http://www.buildersshow.com/press for more information or to register.]
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
WASHINGTON, Nov. 15--Legendary entertainment industry leader, Michael Eisner was announced today as the keynote speaker for the 2013 NAHB International Builders Show® (IBS), the housing industry's largest annual trade show and exhibition. The show, held Jan. 22-24 at the Las Vegas Convention Center will play host to professionals representing all facets of the housing industry from around the world. Eisner will address attendees on Jan. 22, during the IBS Opening Ceremonies.
"The Opening Ceremonies always provides an impressive lineup of speakers and entertainment, and this year is no exception," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. "We look forward to hearing the inspirational words of former Disney leader Michael Eisner, followed by a comedic performance of the Capitol Steps."
Eisner, who served as the Chairman and CEO of The Walt Disney Company for twenty-one years, is recognized for having revitalized and reinvented the company into a full spectrum entertainment enterprise. Under his leadership, the company began implementation of a continuing series of creative growth strategies that resulted in its annual revenues rising from $1.7 billion to more than $30 billion. Michael Eisner continues to be an entertainment innovator to this day. His investment company Tornante launched Vuguru, a studio producing original programming for the Internet, portable media devices and cell phones.
Drawing from his vast experience as both a Fortune 500 CEO and an entrepreneur, his remarks will motivate corporate innovation and teamwork.
Closing out the Opening Ceremonies will be a performance by famed political satire group, the Capitol Steps. Created in December 1981, the Steps began as a group of senate staffers who used the headlines of the day to create song parodies and skits that conveyed a special brand of satirical humor.
Since they began, the Capitol Steps have recorded more than 30 albums and have been featured on numerous major television networks. Although not all of the current members of the Steps are former Capitol Hill staffers, taken together the performers have worked in a total of eighteen Congressional offices, and represent 62 years of collective House and Senate staff experience.
The IBS Opening Ceremonies is open to all registered attendees. Doors open at 7:00 a.m. and limited general seating is available on a first come, first served basis.
The 2013 NAHB International Builders' Show is not open to the general public. Building industry professionals and their affiliates throughout the housing trades may register by visiting the show's Web Site at www.BuildersShow.com.
[EDITOR'S NOTE: Complimentary registration is available to credentialed members of the working press. Visit http://www.buildersshow.com/press for more information or to register.]
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
Early Deals From Dell For NAHB Members
Dell’s Black
Friday event is here early for NAHB members. Starting today, members will have
exclusive early access to some of our best Black Friday deals on desktops,
laptops, servers, workstations and select Electronics and Accessories. Member
discounts of up to 10% will be valid on top of already great offers.
To make the
most of your discount follow these steps:
1.
Go to www.dell.com/nahb
2.
Write down
or copy coupon codes you are interested in using.
3.
Click on
the banner that reads “Black Friday Savings are Here…”
4.
Check out
the amazing discounts exclusive to NAHB Members.
5.
Build the
technology you need and add in the coupon code to your already discounted total
during checkout.
Dell
Vostro 3555 Laptop
AMD Quad-core
Processor, Windows 7 Professional, 4GB of memory and 500 GB hard drive, 15 inch
screen
Standard Price:
$729
Instant Savings Plus NAHB Member
Discount: $391.02
Dell
Precision M4700 Mobile Workstation
3rd Gen Intel Core i7
Processor, Windows 7 Professional, 8GB of memory and 750GB hard drive, NVDIA
Quadro K1000M with 2GBDDR3; available with Windows 8.
Standard Price:
$2,486
Instant Savings Plus NAHB Member
Discount: $1,304.10
Dell
Latitude 5430 Laptop
3rd Gen Intel Core i3
Processor, Windows 7 Professional, 4GB of memory and 320GB hard drive, 15 inch
screen; available with Windows 8.
Standard Price:
$830
Instant Savings Plus NAHB Member
Discount: $474.05
Samsung
WB150F Black 14.2MP 18X Long Zoom Digital Smart Camera
The WB150F
Samsung Smart Camera uses a powerful 18x optical zoom , can capture video in
720p resolution at 30 frames per second, and this camera has built-in wireless
functionality so you can upload high-quality photos to social networking sites
and seamlessly sync your camera to other Smart devices.
Standard Price:
$229.99
Instant Savings Plus NAHB Member
Discount: $123.49
When you buy
through Dell, you also have access to additional business
benefits:
·
Free
technology consultation with an experienced Small Business advisor trained to
recommend solutions tailored to needs, preferences, and
budget.
·
Professional Class Service and
Support. Optional Dell Prosupport™ ensures a single point of accountability for
your hardware and software support needs 24x7.
·
Small
Business Resources including access to online tools such as tutorials, webinars
and tips.
To learn more
about your membership benefits and shop Black Friday early, visit www.dell.com/NAHB or call 1-800-757-8442.
If you have any difficulty accessing these discounts just call the Dell at
1-800-757-8442 and make sure to say you are a NAHB Member; and they will help
get you the best possible price on your new electronics.
Statement from NAHB Chairman Barry Rtenberg on the Actuarial Review of the FHA Mutual Mortgage Insurance Fund
Statement from NAHB Chairman Barry Rutenberg on the Actuarial Review of the FHA Mutual Mortgage Insurance Fund
WASHINGTON, Nov. 16 - Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement on the latest actuarial review of the FHA mutual mortgage insurance fund:
"In light of today's report, there will certainly be discussion about altering the structure or role of the FHA. We would urge policymakers to proceed cautiously.
"The FHA was created during the Great Depression to promote stability in the housing marketplace and allow first-time buyers and middle class families to attain the dream of homeownership. Over the ensuing 78 years, the agency has successfully achieved its mission at no cost to taxpayers. The fact that the FHA finds itself in this position now, as opposed to four years ago during the height of the financial meltdown, is testament to its ability to meet its mission in these difficult economic times.
"While there is no doubt that the housing finance system needs to be reformed, the contributions that the FHA has made during this economic downturn underscore the need for a government backstop for both the primary and secondary mortgage markets. In times of crisis, private financial institutions have fled the marketplace and consistently failed to step up to the plate. Without government support for home purchasing and refinancing, the nation's mortgage markets will grind to a halt, throwing the economy back into recession.
"Given the significant role that housing plays in the economy, policymakers need to take a long-term, holistic approach to housing finance reform and carefully gauge how it affects other efforts under way to get the nation's fiscal house in order and achieve long-term economic growth."
####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
WASHINGTON, Nov. 16 - Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement on the latest actuarial review of the FHA mutual mortgage insurance fund:
"In light of today's report, there will certainly be discussion about altering the structure or role of the FHA. We would urge policymakers to proceed cautiously.
"The FHA was created during the Great Depression to promote stability in the housing marketplace and allow first-time buyers and middle class families to attain the dream of homeownership. Over the ensuing 78 years, the agency has successfully achieved its mission at no cost to taxpayers. The fact that the FHA finds itself in this position now, as opposed to four years ago during the height of the financial meltdown, is testament to its ability to meet its mission in these difficult economic times.
"While there is no doubt that the housing finance system needs to be reformed, the contributions that the FHA has made during this economic downturn underscore the need for a government backstop for both the primary and secondary mortgage markets. In times of crisis, private financial institutions have fled the marketplace and consistently failed to step up to the plate. Without government support for home purchasing and refinancing, the nation's mortgage markets will grind to a halt, throwing the economy back into recession.
"Given the significant role that housing plays in the economy, policymakers need to take a long-term, holistic approach to housing finance reform and carefully gauge how it affects other efforts under way to get the nation's fiscal house in order and achieve long-term economic growth."
####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
Thursday, November 8, 2012
Builder Confidence in the 55+ Housing Market Continues to Improve in the Third Quarter
Builder Confidence in the 55+ Housing Market Continues to Improve in the Third Quarter
WASHINGTON, Nov. 8 - Builder confidence in the 55+ housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders' (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than tripled year over year from a level of 12 to 36, which is the highest third-quarter reading since the inception of the index in 2008.
"Many builders and developers in the 55+ housing segment are reporting an increase in demand from consumers," said NAHB 50+ Housing Council Chairman W. Don Whyte. "We are seeing improvement in certain parts of the country where people are moving off the fence and either purchasing a home or renting an apartment that is designed to more specifically suit their lifestyle."
There are separate 55+ HMIs for three segments of the 55+ housing market: single-family homes, multifamily condominiums and rental apartments. Each index measures builder sentiment based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic). An index number below 50 indicates that more builders view conditions as poor than good.
Although all components of the 55+ single-family HMI remain below 50, they at least doubled from a year ago: present sales climbed 25 points to 36, expected sales for the next six months increased 27 points to 42 and traffic of prospective buyers rose 20 points to 33.
The 55+ multifamily condo HMI had a significant increase of 13 points to 23, which is the highest third-quarter reading since the inception of the index in 2008; however, condos remain the weakest segment of the 55+ housing market. All 55+ multifamily HMI components increased considerably compared to a year ago as present sales rose 13 points to 22, expected sales for the next six months jumped 19 points to 29 and traffic of prospective buyers climbed 11 points to 22.
Meanwhile, the 55+ multifamily rental indices, which already recovered substantially last year, showed continued but more modest increases in the third quarter: present production climbed six points to 31, expected future production increased nine points to 35 and current demand for existing units and expected future demand improved two points to 42 and 44, respectively.
"Like other segments of the housing industry, the market for 55+ housing is continuing on a steady upward path, driven by improving conditions in additional markets around some parts of the country" said NAHB Chief Economist David Crowe "While we expect the upward trend to continue as the recovery broadens, the speed of the recovery is being constrained by factors as tight mortgage credit, making it difficult for potential 55+ customers to sell their current homes, and shortages of inputs to construction such as buildable lots that are beginning to emerge in some market areas."
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
WASHINGTON, Nov. 8 - Builder confidence in the 55+ housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders' (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than tripled year over year from a level of 12 to 36, which is the highest third-quarter reading since the inception of the index in 2008.
"Many builders and developers in the 55+ housing segment are reporting an increase in demand from consumers," said NAHB 50+ Housing Council Chairman W. Don Whyte. "We are seeing improvement in certain parts of the country where people are moving off the fence and either purchasing a home or renting an apartment that is designed to more specifically suit their lifestyle."
There are separate 55+ HMIs for three segments of the 55+ housing market: single-family homes, multifamily condominiums and rental apartments. Each index measures builder sentiment based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic). An index number below 50 indicates that more builders view conditions as poor than good.
Although all components of the 55+ single-family HMI remain below 50, they at least doubled from a year ago: present sales climbed 25 points to 36, expected sales for the next six months increased 27 points to 42 and traffic of prospective buyers rose 20 points to 33.
The 55+ multifamily condo HMI had a significant increase of 13 points to 23, which is the highest third-quarter reading since the inception of the index in 2008; however, condos remain the weakest segment of the 55+ housing market. All 55+ multifamily HMI components increased considerably compared to a year ago as present sales rose 13 points to 22, expected sales for the next six months jumped 19 points to 29 and traffic of prospective buyers climbed 11 points to 22.
Meanwhile, the 55+ multifamily rental indices, which already recovered substantially last year, showed continued but more modest increases in the third quarter: present production climbed six points to 31, expected future production increased nine points to 35 and current demand for existing units and expected future demand improved two points to 42 and 44, respectively.
"Like other segments of the housing industry, the market for 55+ housing is continuing on a steady upward path, driven by improving conditions in additional markets around some parts of the country" said NAHB Chief Economist David Crowe "While we expect the upward trend to continue as the recovery broadens, the speed of the recovery is being constrained by factors as tight mortgage credit, making it difficult for potential 55+ customers to sell their current homes, and shortages of inputs to construction such as buildable lots that are beginning to emerge in some market areas."
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
Home Builders Congratulate President Obama on Re-Election to a Second Term
Home Builders Congratulate President Obama on Re-Election to a Second Term
WASHINGTON, Nov. 7 - Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., issued the following statement on Tuesday's national elections:
"The National Association of Home Builders (NAHB) congratulates President Obama on winning a second term as President of the United States of America and all the lawmakers who were elected to the 113th Congress.
"In the closing weeks of the 112th Congress, NAHB urges President Obama and congressional leaders to work together to resolve issues related to the 'fiscal cliff' by extending all of the 2001 and 2003 tax cuts while being mindful of how broad-based tax reform will affect the fledgling housing recovery. Any effort to engage in tax reform should be done in a careful and deliberate manner and demands the proper vetting by Congress and all relevant stakeholders. There should be no rush to judgment on an issue that will affect virtually every American citizen.
"Moreover, when the new Congress convenes in January, NAHB looks forward to working in a bipartisan manner with the Administration and with Republican and Democratic leaders to tackle critical issues facing the housing industry.
"Making sure creditworthy consumers and small businesses can get mortgages and loans, tackling housing finance reform in a responsible manner and resolving the foreclosure crisis are vital to spur job growth and strengthen the housing and economic recovery."
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
WASHINGTON, Nov. 7 - Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., issued the following statement on Tuesday's national elections:
"The National Association of Home Builders (NAHB) congratulates President Obama on winning a second term as President of the United States of America and all the lawmakers who were elected to the 113th Congress.
"In the closing weeks of the 112th Congress, NAHB urges President Obama and congressional leaders to work together to resolve issues related to the 'fiscal cliff' by extending all of the 2001 and 2003 tax cuts while being mindful of how broad-based tax reform will affect the fledgling housing recovery. Any effort to engage in tax reform should be done in a careful and deliberate manner and demands the proper vetting by Congress and all relevant stakeholders. There should be no rush to judgment on an issue that will affect virtually every American citizen.
"Moreover, when the new Congress convenes in January, NAHB looks forward to working in a bipartisan manner with the Administration and with Republican and Democratic leaders to tackle critical issues facing the housing industry.
"Making sure creditworthy consumers and small businesses can get mortgages and loans, tackling housing finance reform in a responsible manner and resolving the foreclosure crisis are vital to spur job growth and strengthen the housing and economic recovery."
#####
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in remodeling, home building, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.
Follow NAHB on Twitter at www.twitter.com/NAHBMedia.
Thursday, November 1, 2012
$100 Rebate on HBA Membership for Michigan Saves Program
| $100 Rebate on HBA Membership for Michigan Saves Program |
| Some of you
are familiar with the Michigan Saves program. It is a
financing program for contractors customers to utilize (for various energy
efficiency improvements) even if their customers have no equity in their homes.
Interest rates are 7% (or less) and it is a great tool for folks who might not
have manufacturer financing or equity loan options. For the next 25 contractors
that sign up to be MI Saves contractors, they are eligible to receive $100 back
on their HBA membership or renewal. Becoming a Michigan Saves contractor is
quite simple and only requires participation in a 2-hour webinar online.
To participate, contractors must complete a Michigan Saves contractor application, available at https://www2.michigansaves.org/users/sign_in ; register for an online contractor training session at https://attendee.gotowebinar.com/rt/8351530028926885120; and submit your name to the HBA of Michigan for the promotion. You must complete the Michigan Saves Home Energy Loan Program Contractor Application process, including contractor training, become a Michigan Saves Authorized Contractor and join/renew your HBA membership by December 31, 2012. As an added bonus, Michigan Saves will also make workforce development funds available to any contractor who completes a Michigan Saves contractor application. Through their workforce development program, Michigan Saves is reimbursing contractors, who attend approved training classes, up to 50% (but not exceed $1,000) per individual per training class, with a cumulative company cap of $3,000. Workforce development funds can be used for BPI Building Analyst & Building Envelope Certification, sales & marketing training, ASHRAE 62.2 training, indoor air quality & mold training, to name a few. To qualify for the workforce development funds, Michigan Saves authorized contractors must reserve funds ASAP and complete their training class by December 31, 2012. For questions about this promotion, please email Todd Parker, Manager of Contractor Services, at registration@michigansaves.org or call 517-484-6474. |
| back to top |
HOME BUILDERS HOUSING INDEX SHOWS SOLID THIRD QUARTER GAINS IN BUILDING AND REMODELING IN MICHIGAN
Kolt Communications, Inc
October 30, 2012 517-706-0001/517-410-7636
Home
Builders Housing Index Shows Solid Third Quarter Gains in Building and
Remodeling in Michigan
(Lansing ,
MI
“The
trend lines have been positive, so it is encouraging to see the outlook for
building continues to improve,” said Robert Filka, CEO of the Home Builders
Association of Michigan (HBAM), which conducts the monthly survey. “We’ve got a long way to go before we see
anything near normal historical production, but things are definitely headed in
the right direction.”
September 2012 June 2012 September 2011
Builders Index 52
38 31
Remodelers Index
50 40 45
The
Michigan Housing Index (MHI) is a quarterly summary of building and remodeling activity
compiled by HBAM. The survey asks
builders about the number of homes currently under construction and in the
planning stages. Builders are also asked
to evaluate their prospects for future customers. Totals are calculated in an index that is
reported quarterly to provide a tracking mechanism for the industry’s process.
The survey breaks down builder/remodeler sentiment into three categories:
- Less than 45 (pessimistic)
- 45-55 (cautious optimism)
- Above 55 (optimism)
“While
it is good to note that Michigan
Filka
also noted there remains much concern within the homebuilding industry over the
possibility that Congress and the President could begin overhauling the federal
tax code in 2013, which could threaten some of the most important tools that
encourage home ownership, including the ability for consumers to deduct
mortgage interest.
“We
must protect the mortgage interest deduction,” said Filka. We shouldn’t change
the rules on the one tax break that has been most important in creating a
stable middle class in America Michigan
citizens realize the dream of homeownership, but is essential to revitalizing Michigan Michigan
About
the MAHB Michigan
The Michigan
Housing Index combines results of a monthly survey of Michigan Michigan
Housing Index is intended to provide an accurate projection of the future
direction of the building and remodeling housing market in Michigan
About
the Michigan
The Home
Builders Association of Michigan
####
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