High Mortgage Rates Act as a Drag on Builder Confidence

2024-06-19T09:20:43-05:00

Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. This is the lowest reading since December 2023.

High Mortgage Rates Act as a Drag on Builder Confidence2024-06-19T09:20:43-05:00

Treasury Announces Crackdown on Certain Partnership Transactions

2024-06-18T14:18:07-05:00

The Department of Treasury and Internal Revenue Service announced a crackdown — and new disclosure requirements — on “basis shifting” transactions used by partnerships that share common ownership. The Biden administration estimates this move could generate an additional $50 billion in tax revenue over the next decade.

Treasury Announces Crackdown on Certain Partnership Transactions2024-06-18T14:18:07-05:00

Treasury Releases Final Rules for Energy Tax Credit Prevailing Wage, Apprenticeship Bonuses

2024-06-18T12:17:49-05:00

The Inflation Reduction Act modified and extended many energy tax incentives used in residential construction, including requiring taxpayers to meet prevailing wage and/or apprenticeship requirements in order to claim the full value of the tax credit. The Treasury Department and Internal Revenue Service (IRS) have now released final regulations on these labor requirements.

Treasury Releases Final Rules for Energy Tax Credit Prevailing Wage, Apprenticeship Bonuses2024-06-18T12:17:49-05:00

Enhancing Housing Options for Older Adults

2024-06-17T07:16:52-05:00

Home building professionals can learn new and innovative ways to ensure older adults can live comfortably in their homes and communities as they age through an upcoming webinar on June 18.

Enhancing Housing Options for Older Adults2024-06-17T07:16:52-05:00

Know the Different Excavation Requirements for Your Project

2024-06-14T09:17:00-05:00

As NAHB celebrates the 2024 Trench Safety Stand Down, it is important to know the requirements for the different types of excavation activity for your job. While federal OSHA’s excavation standard has been in place for roughly 50 years, builders should also know the separate requirements for certain residential foundation/basement excavations.

Know the Different Excavation Requirements for Your Project2024-06-14T09:17:00-05:00

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