Skip to main content

NAHB: Regulations Are Driving Up Home Prices

Phil Hall
Jun 02, 2016
Cash sales made up 35 percent of all first quarter homebuying transactions, according to new data from Black Knight Financial Services (BKFS)

The National Association of Home Builders (NAHB) is using this month’s National Homeownership Month observations to call for a loosening of regulations that the group has blamed for increasing the cost of housing.

“The aggressive over-regulation of the housing industry is putting the American Dream of safe and affordable housing at-risk,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill.

Last month, the NAHB published “Government Regulation in the Price of a New Home,” a report that detailed how government regulations accounted for nearly one-quarter of the final price of a new single-family home. In NAHB’s data, the regulatory costs for an average single-family home increased nearly 30 percent from $65,224 in 2011 to $84,671 in 2016.

“Regulators at all levels of government–local, state and federal–must understand that their actions have real consequences,” said NAHB Chief Executive Officer Jerry Howard. “The cost of regulation in the price of a new home is rising more than twice as fast as the average American’s ability to pay for it. That is simply not sustainable.”

Published
Jun 02, 2016
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021