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Senate is scheduled to vote on Senator Harry Reid’s proposal late Saturday; NAHB opposes the House version of health care reform.
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Single-family permits remain flat at seasonally adjusted pace of 451,000.
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HMI remains at a reading of 17.
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The same law extending the housing tax credit includes provisions that sweeten carrybacks from net operating losses.
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House approves extension by vote of 402-12; buyers now have until June 30, 2010 to close on a home.
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At first glance, there's nothing about this new 2,000-square- foot house in Civano, other than a rooftop solar panel, to suggest it's unusual.
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Maryland builder says first-time tax credit was like “oxygen” to the struggling industry this year.
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Zillow survey estimates that extending the $8,000 tax credit would attract 334,000 extra buyers.
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Modeled after CARB regulations, the Formaldehyde Standards for Composite Wood Act would limit formaldehyde levels, require third-party certification.
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At least 300,000 taxpayers through August have bought homes using the credit, according to tax return data.
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An increasing number of cities are reducing or suspending impact fees; implementing tax rollbacks; and offering additional incentives in a desperate attempt to stimulate development activity.
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Association's analysis finds growth opportunities for home building, remodeling, and multifamily industries in two key legislative provisions.
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Builders group wants credit expanded to everyone buying a ‘principal residence’ and extended for one year.
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Three new bills that recently went into effect in Florida aim to spur development in one of the hardest-hit real estate markets in the country. Collectively, the bills exempt densely populated urban areas from certain processes; expedite permitting processes; and shift the burden of proof off of...
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State is considering measure that would defer property taxes on unsold homes for three years, starting in 2010.
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Local home builders were banking on at least two years of relief.
The process of getting first-time buyer tax credits to the closing table is possible but tricky.
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Some federal bills would increase amount available for all buyers. But budget deficits raise questions about the extent of state programs, particularly in California.
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Communities in which universal design legislation is already in effect.
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Builders say credit has converted many prospects to buyers.