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Blog: Building Alaska

02/20/12

Housing Affordability Reaches Record Level as Tight Credit Conditions Impede Housing Market

Nationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards and a soft economy.

Posted at 10:17 AM | Permalink | Comments

02/03/12

N. Claiborne Porter, CGP, CGR, Named 2011 Certified Graduate Remodeler of the Year by NAHB

N. Claiborne Porter, CGP, CGR, has been named the 2011 Certified Graduate Remodeler (CGR) of the Year by the National Association of Home Builders (NAHB) in recognition of his successful efforts to raise awareness of this educational designation for remodelers.

Posted at 08:54 AM | Permalink | Comments

01/19/12

Builder Confidence Rises Fourth Consecutive Time in January

Builder confidence in the market for newly built, single-family homes continued to climb for a fourth consecutive month in January, rising four points to 25 on the NAHB/Wells Fargo Housing Market Index (HMI), released today. This is the highest level the index has attained since June of 2007.

Posted at 04:26 PM | Permalink | Comments

01/19/12

Home Builders Still Supporting Communities, Despite Downturn

During the holidays, many Americans pause to reflect on the year that is coming to an end. There was no relief in 2011 for the home building industry, which has been devastated by the economic downturn. Thousands of builders went out of business and many others continue to struggle to make ends meet on a daily basis. Yet home builders around the country are still putting aside their challenges to help less fortunate members of their communities.

Posted at 04:26 PM | Permalink | Comments

01/06/12

Young Households Count on the Mortgage Interest Deduction

Homeownership, the foundation of the American Dream and the American economy, is under attack. Lawmakers are considering tampering with the mortgage interest deduction—which has been part of the tax code since its inception in 1913—in a bid to reduce the federal deficit.

Posted at 12:59 PM | Permalink | Comments