Fed Signals Possible End of Tightening Cycle
NAHB Chief Economist Robert Dietz wrote the following in the most recent Eye on the Economy newsletter. The Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis points at the conclusion of its May meeting. Although the communication from the Fed did not explicitly indicate that it is done tightening, language used…
The HBA Advocate Newsletter | May 2, 2023
May 2, 2023 Denver ballots to be mailed May 15, several critical council races to be decided The citywide election in Denver is not over yet, with the mayor’s race and council districts 8, 9 and 10 still up in the air. Denver voters will start receiving ballots on May 15, with the election set…
HBA Leads Post-Disaster Consumer Education Campaign
“The Marshall Fire in Colorado in December 2021 faded from the national headlines, but the Home Builders Association of Metro Denver continues to provide steadfast support to its community members. The HBA’s Marshall Fire Task Force hosted another Rebuild Expo for families interested in rebuilding their homes in Louisville, Colo., on April 15. “With more than…
HBA Membership Newsletter | April 18, 2023
Welcome to your monthly Membership Newsletter from the HBA of Metro Denver. InterConnections provides our membership with member news, celebrations, events, FAQs, and more! April 18, 2023 HBA Builder Spotlight – On2 Homes, A Division of Oakwood On2 Homes is reshaping the potential of homeownership by utilizing innovative technology, precision materials, and thoughtful design to…
Thank you to all HBA members who participated in Marshall Fire Rebuild Expo
On Saturday, April 15th, the HBA Marshall Fire Task Force had the opportunity to present the Marshall Fire Rebuild Expo at Ascent Community Church in Louisville for the families that were affected by the Marshall Fire. The Expo featured 40 member exhibitors representing builders, contractors, designers, lenders, building suppliers & manufacturers, engineers, and title companies….
Cherry Creek Innovation Campus – Tiny Home Send-Off!
Join Tiny Home Villages and the student builders on April 27th from 9-10am as they load up their Tiny Homes and send them downtown! Come tour the homes, meet the talented student builders, and learn more about this amazing project. Check-in at the front desk and join them at the Infrastructure Bay at the Cherry Creek…
Biden’s Veto of Congressional WOTUS Resolution a Blow to Housing Affordability
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the following statement after President Biden vetoed a congressional resolution that would rescind his administration’s waters of the U.S. rule: “NAHB is deeply disappointed that President Biden has moved to overturn the…
The HBA Advocate Newsletter | April 4, 2023
April 4, 2023 City of Denver elections decided today This evening, the City of Denver will be holding elections for the first time in four years, with an open seat for Mayor and 12 City Council seats up for grabs. If you haven’t voted yet, it’s not too late to turn in your ballot. Be…
Proposition 123: Affordable Housing Financing Fund Stakeholder Engagement Meeting
Proposition 123 Affordable Housing Financing Fund Stakeholder Engagement Meeting April 4, 2023 Colorado Housing and Finance Authority (CHFA) and the Colorado Office of Economic Development and International Trade (OEDIT) invite you to attend a virtual stakeholder meeting on Tuesday, April 4 from 3:00pm to 5:00pm to help inform implementation of the Affordable Housing Financing Fund…
NAHB Releases 2023 “Priced Out Estimates”
NAHB recently released its 2023 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 96.5 million households (roughly 73 percent of all U.S. households) are not able to afford a new median priced new home in 2023, meaning their incomes are insufficient to qualify for a…