An affordably priced home in Hovnanian's Four Seasons at South Knolls active adult community.

Housing Fundamentals Remain Strong, Hovnanian Says

Job growth and household formations are well on track to support a turnaround in the housing industry, according to Ara Hovnanian, president and CEO of Hovnanian Enterprises.

“Housing is driven by household creation,” Hovnanian told almost 200 New Jersey municipal officials and their advisors. “The demographics are solid. The United States population continues to grow.”

Hovnanian’s remarks, and other materials from his company geared to alerting the public to some of the unique home buying opportunities available in the current marketplace, have been added to NAHB’s “It’s a Great Time to Buy” section that is available to members on the association’s Web site. ...

Photo by Michelle Frankfurter for the U.S. Census Bureau.

Second and Urban Homes Not a Big Lure for Baby Boomers

Although they may be healthier, wealthier and better educated than previous generations, aging baby boomers are no more likely to purchase second homes or move from the suburbs to an urban area than the retirement-age households that have preceded them, according to a recent study from the Research Institute for Housing America in conjunction with Radian and the Mortgage Bankers Association.

Better news for those who have been eyeing these markets is that both segments will receive a boost based upon the sheer numbers of baby boomers who will be entering retirement age. ...

Building Homes of Our Own, NBN Earn National Honors

Two vital outreach programs from NAHB ― Building Homes of Our Own, the award-winning interactive teaching tool for students, teachers and parents; and Nation’s Building News, the most comprehensive weekly source for home building industry news in the country — have earned national honors from PRNews, the 61-year-old publication about the business impact of public relations.

Share Nation's Building News With Your Staff. It's Free.

Make your business click. Subscribe your employees and trade partners to Nation's Building News — the free, online e-newspaper of NAHB.

Each issue is filled with valuable news and information on every aspect of the home building industry — business and builders tips; the latest materials prices and mortgage interest rates; new technologies; cutting-edge design; state and federal regulations and how they affect the industy; and more. Information your entire company needs to stay ahead of your competitors. ...