Government
Government
HUD Secretary Marcia Fudge Announces Forthcoming Resignation
U.S. Department of Housing and Urban Development Secretary Marcia Fudge has said that she intends to leave office later this month
Business
Expanded Tax Credit for Energy Efficient Homes Will Benefit 'Eligible Contractors'
IRS guidance on the expanded 45L tax credit for energy efficient homes includes new opportunities for contractors
Custom Builder
How the Zero Energy Ready Home Update Emphasizes Resilience and Decarbonization
ZERH Version 2, released in December of 2022, will boost the efficiency and performance of single-family homes, preparing them for the increasingly oppressive weather
Codes & Standards
An Introduction to the Zero Energy Ready Home Program
Late in 2022, the U.S. Department of Energy's Zero Energy Ready Home program announced the rollout of ZERH Single Family Version 2
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Government
IBS Pre-Show Thoughts and Observations
Having arrived in Orlando for the International Builders Show and NAHB Winter Boards, a few quick updates and observations: Still no word on NAHB's…
Economics
House votes down payroll tax extension; no additional Fannie & Freddie fees for now
U.S. House votes not to extend payroll tax cut for two months; want full year instead
Economics
Audit: Federal Housing Administration might need a bailout
There is almost a 50 percent chance that the Federal Housing Administration (FHA) will need a taxpayer bailout, according to a government audit released today.
Economics
Avoiding the hard housing questions
One of the most depressing/astounding/frustrating things about the current race for president has been the complete lack of attention to housing.…
Leadership
Latest lead paint changes represent wins for remodelers
The latest updates this summer to the Lead Paint Repair and Renovation Program rules that apply to pre-1978 homes were, all-in-all, a positive for remodelers
Economics
Obama’s job-creation bill includes $15 billion for rehabilitation of vacant, foreclosed homes
President Barack Obama’s prime-time address on jobs didn’t focus much on housing, but it would create a $15 billion fund to get construction workers to rehab vacant and foreclosed homes and businesses.
Financial
Accelerate the foreclosure process to save the housing market, experts say
If the Obama administration really wants to save the housing market, it should speed up the foreclosure process – not prolong the inevitable.
Government
White House looks to strengthen housing market
The Obama administration is considering further actions to strengthen the housing market, but the bar is high.
Business
Mortgage rates at lowest in 50 years
Mortgage rates reached record lows last week, following the Federal Reserve’s recent policy statement and continued concerns over the European debt market. Rates on the 30-year, fixed-rate mortgage were at their lowest in 50 years, averaging 4.15 percent.
Government
Obama jobs program to include 'mortgage relief' ... and why it won't matter
The Washington Post is reporting this morning that President Obama's jobs program will include amongst its many proposals more relief for struggling…